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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: bentway who wrote (28760)7/12/2011 2:19:44 PM
From: Broken_Clock3 Recommendations  Read Replies (2) of 119361
 
speaking of "fear"...lol!

This clown is now gonna scare seniors into begging for SS cuts...
+++

Obama ‘cannot guarantee’ Social Security checks in August
Posted on 07.12.11
By Kase Wickman

President Barack Obama sat down with CBS Evening News anchor and managing editor Scott Pelley for an interview that will air in full Tuesday night. In a preview released Tuesday afternoon, Pelley points out to Obama that $20 billion in Social Security checks are supposed to be mailed out August 3, the day after the looming date the government could default on its debt.

“I cannot guarantee that those checks go out on August 3 if we have not resolved this issue, because there may simply not be the money in the coffers to do it,” Obama said.

Watch the clip below, embedded via CBS News.
rawstory.com
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