Social Security Cliff in sight; retirees will outlive Trust Fund; ramifications of nonmarketable IOUs and privatization. “…the alleged “trust fund” is nothing more than “nonmarketable Treasuries — really IOUs from one branch of government to another” that have no real value.” Reality cannot be fooled, not even by Barack Obama.

social security cliff

{ 12 comments… read them below or add one }

ooddballz January 17, 2013 at 9:21 am

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THE BEST EVER LAYOFF LETTER

Dear Employees:

As the CEO of this organization, I have resigned myself to the fact that Barrack Obama is our President and that our taxes and government fees will increase in a BIG way.

To compensate for these increases, our prices would have to increase by about 10%. But, since we cannot increase our prices right now due to the dismal state of the economy, we will have to lay off sixty of our employees instead. This has really been bothering me since I believe we are family here and I didn’t know how to choose who would have to go.

So, this is what I did:

I walked through our parking lots and found sixty ‘Obama’ bumper stickers on our employees’ cars and have decided these folks will be the ones to let go.

I can’t think of a more fair way to approach this problem. They voted for change……I gave it to them.

I will see the rest of you at the annual company picnic.

jcrowley1985 January 17, 2013 at 3:00 pm

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Not so silent January 17, 2013 at 4:49 pm

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Ron Paul Bumper stickers are like the Easter Bunny……you believe in them when your little but when you grow up you realize it was a put on…

jcrowley1985 January 17, 2013 at 5:05 pm

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danybhoy January 17, 2013 at 11:07 pm

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Tell me what Alex Jones was talking about today.

poppajoe49 January 18, 2013 at 10:39 pm

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More like too stupid to get a job.

sa_rose January 18, 2013 at 11:53 am

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No. They were run out of the country.

jacksman January 17, 2013 at 9:37 am

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Nurseing home/encampment whats who will be able tell.

Progressive Hemrrhoid January 17, 2013 at 2:54 pm

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But ‘Dear Leader” and his merry gang of criminals will use this “crisis” to start grabbing people’s saved retirement funds. Theirs a lot of savings out there the commiecrats would love to get their hands on.

6 November 2012 January 17, 2013 at 2:55 pm

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One thing, if Roe vs Wade had not happened, there would have been some +60 millions extra people in the US below the age of 40, with this higher percentage of people in the working-age %, the economy would have been better off from the 1990s at least up to today, if the 2008 crash and Obama still happened. Sure, there could be a larger % without a job but less illegal immigrants too, economic prospects still better.

Social security and medicare would still be solvable today with sound economical policies, all those baby boomers could have had their comfortable retirements.

As it stand, the people loudly demanding the RIGHT of abortion back in the 60s and those who helped Roe vs Wade come about are now retired or about to be retired.
Sound economic policies? In the 4-5 last decades, they didn´t support, vote for that either.

Already, pay-rise to compensate for the offical rate of inflation, which is far lower than in reality (shadowstats . com), have stopped.
Sure they vote right now but the deceased vote democrat by an even larger margine, so they´ll still outlive their usefulness in a major disaster, cheapening human life for the sake of their own comfort, they´ll soon come to realize what happends when someone else found THEIR existence to be an uncomfort.

Especially when that someone else is a governement with rather undemocratic ambitions, one has no problems leaving even high-ranked loyalists to be gang-raped and butchered just to please its middle-eastern “friends”, economise some hellfire missiles and helicopter fuel.
Just look t the UK and its death pannels, mind you, SHTF haven´t even happened there yet either!

How is that for Karma, huh? http://www.youtube.com/watch?v=QgN_tUCaPD0 Not just any bitch.

flashingscotsman January 18, 2013 at 9:15 am

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One problem I see with that scenario, November. Most of those kids that were aborted were headed for a life of welfare and other entitlement if they had been born. I’m thinking that overall, the aborted kids, if allowed to live, would have been more of a drag on society than beneficial.

Now, if they were put up for adoption, that might change things. I’m just speaking as if they were going to stay with their sperm and egg donors.

poppajoe49 January 19, 2013 at 6:17 am

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This is probably better posted here.

Just wanted to let you know – today I received my Obama Economy Survival Pack from the White House. It contained a parachute, an ‘Obama Hope & Change’ bumper sticker, a ‘Bush’s Fault’ poster, a ‘Blame Boehner’ poster, a “Tax the Rich’ poster, an application for unemployment, an application for food stamps, a prayer rug, a letter of assignation of debt to my grandchildren and a machine to blow smoke up my ass. All directions were in Spanish.

Keep an eye out. Yours should arrive soon.