Tuesday, July 12, 2011

Obama to Stop Social Security Check to Raise Debt Limit

Obama and the Democrats will use all kinds of scare tactic to bend the will of the people. Government control over the American people is the intended goal by every Washington elitist. Currently, Obama is using Social Security check to scare the elderly to get the debt ceiling raised. This is extremely cruel, but Obama does not care. The president has used the race card, and it backfired. Later, he used class warfare, but that backfired too. Now, Obama is using the elderly because they are easy targets. In a blog I wrote yesterday, Rush Limbaugh said that the GOP can sit and do nothing. It would be Obama's responsibility to decide which debt needs to be paid. It will be on the president to decide if the elderly is worth protecting.

(CBS NEWS) President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.

The Obama administration and many economists have warned of economic catastrophe if the United States does not raise the amount it is legally allowed to borrow by August 2.

Lawmakers from both parties want to use the threat of that deadline to work out a broader package on long-term deficit reduction, with Republicans looking to cut trillions of dollars in federal spending, while Democrats are pushing for a more "balanced approach," which would include both spending cuts and increased revenue through taxes.

"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.