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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Copeland who wrote (54294)	7/28/2011 9:02:10 PM
From: John	Respond to of 103300

I completely agree, Copeland. The Constitution makes provisions for citizens to take corrective actions when the government goes astray. In fact, it's defined as our Constitutional duty! But the mettle and makeup of most citizens today has devolved to that of scared, frightened, and timid sheep, from that of the bold Founding Fathers who conquered, tamed, and built this nation from scratch with the temerity and strength of ferocious, hungry, and pissed off Lions! I was definitely born in the wrong damned era. -ng-

To: Copeland who wrote (54294)	7/28/2011 9:22:35 PM
From: joefromspringfield	2 Recommendations Respond to of 103300

Law professor Michael McConnell. The Social Security trust fund holds about $2.4 trillion in U.S. Treasury bonds, which its trustees are legally entitled to redeem whenever Social Security is running a current account deficit. Thus, if we reach the debt ceiling this is what will happen. The Social Security trust fund will go to Treasury and cash in some of its securities, using the proceeds to send checks to recipients. Each dollar of debt that is redeemed will lower the outstanding public debt by a dollar. That enables the Treasury to borrow another dollar, without violating the debt ceiling. We have income coming in to handle your Social Security.