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NOTHING IS GUARANTEED...especially checks being written by an essentially insolvent federal government; one you can accurately assume is lying every time a government official opens their mouth in front of a camera.
If your very survival depends on a monthly check from Uncle Sam, you have 'effed up royally in your life. Such dependence is the height of stupidity. Sorry, but there is no nice way to say it.
From the trustee report, the assets of the combined OASDI Trust Funds increased by $69 billion in 2010 to a total of $2.6 trillion. (Old-Age and Survivors Insurance, and Disability Insurance - OASDI)
So there is money in the account to make SS payments. If these benefits are not paid, it is by choice and not because of lack of funds.
Maybe this is why Obama felt comfortable cutting SS income taxes by 2% back in December - because he new they were bringing in more than they spent. And now he's saying there's no guarantee people will get paid. This is why SS should be privatized or people should handle these things on their own as much as possible - so that people's well being can not be used as a political tool.
People will get the checks...It's crazy how much strife the country is in. for America to be in this much dire straits for this to even be entertained is bad in itself.
aint it funny that the same old people saying cut entitlements are whining and moaning about not getting there own entitlement.
its the as long as they arnt taking mine, its fine mindset.
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