Pennsylvania Social Security Office

Forget the national health care! It will not happen. We have no money! In fact, our government has no money to do the things he has done for some time now. The reality of Obama's legacy for the history books will not be good, but it was all started by the Bush administration has made the label of compassionate conservatism that hid the economy mad!

America is bankrupt, too big to fail? Read the Roman road and I do not Biblical.

If Obama and the Democrats try to pass their way out of debt (who in the hell can do that?) With a new budget that adds $ 1.8 trillion (and that number is ridiculously cautious not to say unrealistic), Social Security is bankrupt! Hello! Is anyone awake the workings of the federal government? A report from the Congressional Budget Office shows that for the first time in 25 years, Social Security takes in less tax than it is spending on benefits.

Instead of helping to finance the rest of government, as he has done for decades, much of our country with social programs need help to keep the Treasury Benefit checks to bounce - in of other words, a taxpayer bailout.

What a fine mess you got us in the Ollie!

Nobody has officially announced that Social Security will be negative cash this year. But you can find for yourself by comparing the two figures in updating the recent federal budget that the CBO issued last week nonpartisan. The first number is 120 billion dollars, the interest that Social Security will be to win its trust fund for fiscal 2010. The second is 92 billion dollars, the entire Social Security surplus for fiscal 2010. Social Security too big to fail?

News flash: It is now default!

The social security has not been cash negative since the early 1980s, when he came so close to running out of money he was making plans to stop sending benefit checks. This led to the famous Greenspan Commission report, which recommended cutting benefits and raising taxes, which Congress has done. These actions produced hefty cash surpluses, which until this year have helped to finance the rest of government. Those days are now over.

The U.S. debt is on track to achieve a debt ceiling Congress has proposed $ 14.3 billion by the end of February, the Treasury announced on Wednesday, a day before a key vote to raise it to that level. "According to current projections, the Treasury expects to reach the debt ceiling by the end of February. However, cash flows are volatile state it is difficult to predict an exact date," the Treasury a statement.

And now that these headlines Harrisburg, the capital of Pennsylvania, will focus on the protection of Chapter 9 bankruptcy with tax increases and asset sales options to handle 68 million dollars in payments to service debt due this year, the president of a committee of City Council said last night. Could the world are going bankrupt at the same time? Social Security too big to fail?

I say let's take everyone in this office in November, this is not realistic. If we do this, is it that only Ron Paul will continue Meabe? :-(