OBAMA LIES ABOUT TREASURY, THREATENS SENIORS
Dr. Laurie Roth
July 15, 2011
Regarding the ‘drama queen’ debt ceiling talks, yesterday Obama stormed out in a huge huff, saying ‘no more.’ There will be no temporary move and only permanent solutions.’ He said unless Congress agreed to increase the debt ceiling by Aug. 3rd, all hell will break lose, apparently against our seniors. “I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it.” Obama told this to CBS News anchor Scott Pelley.
What contrived , ‘Rules for Radicals’ crisis do we have in the making?
Obama stormed out yesterday not planning to cut any of his entitlements programs, endless peripheral and waste of money budget items, saying the debt ceiling must be raised. We all know this would start a path of it being raised again and again. The emerging tool and useful crisis for the progressive left and Obama is that seniors might not get paid their social security payments, no doubt because of the evil and uncaring Republicans. Conservatives don’t care about seniors, those with disabilities and women you know.
Now lets talk the truth. What is really going on?
According to the official Treasury Reports which I read, our coffers have more then enough to pay for all our Entitlement programs, Social Security, Medicare, Medicaid, Veterans and Federal salaries, even throwing in extra for interest. I thought I would blow up from anger going through all this when I interviewed Frank Salvato of www.newmediajournal.us yesterday on air. We walked through the real numbers.
Treasury statements state, on May 16th, 2011 the federal government took in $1,333454 trillion in tax revenues. This was from the beginning of fiscal 2011. By July 7, tax revenues had grown to $1,629630 trillion. Do the math. Between May 16 and July 7 our ‘desperate’ government and Obama who says they may not be able to pay social security soon, took new tax revenue in of $296,176 billion.
Here is the bottom line as I take a deep breath. Obama lied again. If he refuses to send out Social Security checks he is full on attacking our seniors and blaming it on the conservatives, when the bold facts show that the new tax revenue of $296,176 billion could easily pay for the $270,151 billion in expenses, meaning Medicare, Medicaid, Social Security, Veterans Affairs, federal workers wages and insurance benefits. They would still have $26,025 billion in more tax revenue after that to spend on their stupid ‘waste’ programs.
The reason Obama won’t budge in these debt ceiling talks is that he has no intention of stopping the endless waste of money he and the left spend. I strongly believe that Obama has his cronies and is financially setting up his ‘favored Obama’ status for nothing but manipulated and bought votes. He could care less about the American people, especially our seniors. It is no surprise to me that he would threaten to hold back their social security payments. Remember, Obama and his Chicago Politics mind, must have crisis after crisis to blame conservatives and those running against him on. Obama, I have been taking you on for years on your UN American ways…….no I may run against you.
We already know to Obama seniors are in the way since he practically wrote them out of his new Health care program. They will get longer lines, rationed care, forced end of life counseling, higher manipulated payments for less care. Are you shocked that Obama would lie to America about the money in our coffers and our ability to pay our critical bills?
Wake up America. There is plenty of Tax revenue to pay all our Entitlement Programs. Obama is an UN American, bold faced liar who will gladly cause suffering for our precious seniors, just to manipulate votes, build fraudulent sympathy and create the conservative enemy! We must not let him.
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� 2011 Dr. Laurie Roth - All Rights Reserved