Saturday, July 23, 2011

THIS IS NOT TRUE .....FALSE
SOCIAL SECURITY GOING FOR...
$225 MILLION project with the money coming from the SS budget!
ELABORATE WELFARE HOUSING PROJECT!!!!!!!!!!

  

http://youtu.be/fu6ok5ykyuQ 
Here is a development in Tacoma WA (Salishan) that was built for Illegal Immigrants!
1325 Homes created!
Refugee Pay offers them $2642 per month in SSI benefits, plus Food Stamps, plus Section 8 Housing. You will see new expensive cars in this video.
Wouldn't you like to get a free ride like the illegals? 
The reality, of course, is that the Left’s much-ballyhooed “trust fund” is nothing more than a fraudulent accounting maneuver in which government bureaucrats spend Social Security taxes on whatever they want … but not before replacing the cash money with a big, fat IOU.
But here's the rub.
Haven't Democrats been telling us for years that Social Security is solvent? Heck, just this last February (Democrats often forget that there's a little something-something called LexisNexis)
President Obama's own director for the Office of Management and Budget, Jack Lew, wrote that not only is Social Security on strong footing, the trust fund is currently in surplus and growing.
Now for the truth: Watch the President's top budget aide dodge an explanation of how seniors' checks are safe and sound, and ending any day now, both at the same time. Hint: Obama's guy doesn't like the, er, simple question.
Et tu, Jack Lew? 
By Charles Krauthammer
Thursday, March 10, 2011; 8:00 PM
Everyone knows that the U.S. budget is being devoured by entitlements. Everyone also knows that of the Big Three - Medicare, Medicaid and Social Security - Social Security is the most solvable. Back-of-an-envelope solvable:
Raise the retirement age, tweak the indexing formula (from wage inflation to price inflation) and means-test so that Warren Buffett's check gets redirected to a senior in need. The relative ease of the fix is what makes the Obama administration's Social Security strategy so shocking. The new line from the White House is: no need to fix it because there is no problem.
As Office of Management and Budget Director Jack Lew wrote in USA Today just a few weeks ago, the trust fund is solvent until 2037.
Therefore, Social Security is now off the table in debt-reduction talks. This claim is a breathtaking fraud. The pretense is that a flush trust fund will pay retirees for the next 26 years. Lovely, except for one thing: The Social Security trust fund is a fiction.
 If you don't believe me, listen to the OMB's own explanation (in the Clinton administration budget for fiscal 2000 under then-Director Jack Lew, the very same).
The OMB explained that these trust fund "balances" are nothing more than a "bookkeeping" device. "They do not consist of real economic assets that can be drawn down in the future to fund benefits." More: http://www.washingtonpost.com/wp-dyn/content/article/2011/03/10/AR2011031004683.html?nav=rss_business/industries