The Mudcat Café TM
Thread #131082 Message #3005234
Posted By: pdq
12-Oct-10 - 11:37 AM
Thread Name: BS: Who Owns your Social Security?
Subject: RE: BS: Who Owns your Social Security?
This year, Obama's head of Social Security is borrowing $41 billion to pay its obligations to our retired people.
This is the first time since the system was set up that SS will take in less than it pays out.
Doesn't this qualify as "broke" right now?
Where is the new coverage?
Imagine the hue and cry from the news media if this were happening under a president named Bush.