One of Them is Lying

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Jacob Lew and Barack Obama

You pick which one!

Choice No. 1:

On July 12, 2011, Obama told CBS’s Scott Pelley that if he and the Republicans “haven’t resolved” the budget and debt problem, he could not guarantee that Social Security checks would go out on August 3, the day after the government is supposed to reach its debt limit, “because there may simply not be the money in the coffers to do it.”

Choice No. 2:

On February 21, 2010, in an op-ed for USAToday, Jacob Lew, Obama’s budget director (director of the U.S. Office of Management and Budget), wrote this:

“Social Security benefits are entirely self-financing. They are paid for with payroll taxes collected from workers and their employers throughout their careers. These taxes are placed in a trust fund dedicated to paying benefits owed to current and future beneficiaries. … Even though Social Security began collecting less in taxes than it paid in benefits in 2010, the trust fund will continue to accrue interest and grow until 2025, and will have adequate resources to pay full benefits for the next 26 years.

[Source: Merril Mathews, Forbes.com, July 13, 2011]

~Eowyn

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6 responses to “One of Them is Lying

  1. They both are.

    There is no “trust fund” not the way this guy means. The money has flowed to the general fund for over 40 years.

    The Posing Resident In Chief (PRIC) spends money for all kinds of things that there is no revenue for so that is BS as well.

     
  2. criminal enterprise-

     
  3. Wadda Guy!!!

    This is from a former Chicago lawyer now practicing law in Tyler, TX.

    “This is legit. I check it out yourself at https://www.iardc.org. [Stands for Illinois Attorney Registration And Disciplinary Committee.] It’s the official arm of lawyer discipline in Illinois; and they are very strict and mean as Hell. (Talk about irony.) Even I, at the advanced age of almost 65, maintain (at the cost of approximately $600/year) my law license that I worked so hard and long to earn.” (And he lives in TEXAS)

    Big surprise! The former Constitutional Law Lecturer and U.S. President Makes Up Constitutional Quotes During State Of The Union (SOTU) Address.

    Consider this:

    1. President Barack Obama, former editor of the Harvard Law Review, is no longer a ‘lawyer.’ He surrendered his license back in 2008 in order to escape charges he lied on his bar application.

    A ‘Voluntary Surrender’ is not something where you decide, “Gee, a license is not really something I need anymore, is it?” and forget to renew your license. No, a ‘Voluntary Surrender’ is something you do when you’ve been accused of something, and you ‘voluntarily surrender’ your license five seconds before the state suspends you.

    2 Michelle Obama ‘voluntarily surrendered’ her law license in 1993.

    3. So, we have the first black President and First Lady, who don’t actually have licenses to practice law. Facts!

    Source: http://jdlong.wordpress.com/2009/05/15/pres-barack-obama-editor-of-the-Harvard-law-review-has-no-law-license/

    4. A senior lecturer is one thing; a fully ranked law professor is another. Barack Obama was NOT a Constitutional Law Professor at the University of Chicago.

    5. The University of Chicago released a statement in March 2008 saying Sen. Barack Obama (D-Ill.) ‘served as a professor’ in the law school-but that is a title Obama – who taught courses there part-time, never held – a spokesman for the school confirmed in 2008.

    6. “He did not hold the title of Professor of Law,” said Marsha Ferziger Nagorsky, an Assistant Dean for Communications and Lecturer in Law at the University of Chicago School of Law.

    Source: http://blogs.suntimes.com/sweet/2008/03/sweet_obama_did_hold_the_title.html ;

    7. The former Constitutional Senior Lecturer (Obama) cited the U.S. Constitution during his State of the Union Address. Unfortunately, the quote he cited was from the Declaration of Independence, NOT the Constitution.

    8. The B-Cast posted the video: http://www.breitbart.tv/did-obama-confuse-the-constitution-with-the-declaration-of-independence/

    9. Free Republic: In the State of the Union Address, President Obama said: “We find unity in our incredible diversity, drawing on the promise enshrined in our Constitution: the notion that we are all created equal.”

    10. Um, wrong citing, wrong founding document there Champ, I mean Mr. President. By the way, the promises are not a notion, our founders named them unalienable rights. The document is our Declaration of Independence and it reads:

    “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

    11. And this is the same guy who lectured the Supreme Court moments later in the same speech?

    When you are a phony it’s hard to keep facts straight.

    Keep this moving – educate others.

    In doubt? Check it out through the sources provided!

     
  4. Don’t know whether you guys have seen this or not but a friend e-mailed it to me. god bless.

     
  5. The SS “Trust Fund” is nothing more than an IOU tucked away in a rusty file drawer somewhere in Virginia.

    Congress stole all the money back in the comrade Johnson years in order to buy votes.

    BTW: If there was an actual trust fund with actual money in it, why is the Kenyan Muslim commie POTUS from Hell saying there may not be enough money to send out the checks?

    Hmmmmmmmmmmmmmmmmmmmmmmmm?

    And any American that still believes a trust fund exists should be stricken from the voter roles.

    -Dave

     

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