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Saturday, March 10, 2012

The banksters plan on raping US: They say ‘pay us before Social Security and Medicare’

That’s both the US and us! Who’s been responsible for the nations financial policy for decades, you guessed it, the banks. and overwhelmingly Goldman Sachs.

Check out the past and current Secretaries of Treasury, where did they come from? Goldman Sachs!

They’ve gotten us into this mess where we, the US, owes three times (see below) as much as we take in. They did it on purpose in order to steal our wealth!

I’ve paid into Social Security and Medicare all my working life, don’t tell me it’s an entitlement as though it’s a government handout!  It’s sort of like an annuity:

It’s my money and I want it now! -- JG Wentworth

Goldman Sachs: Social Security and Medicare Are 'Weaker' Promises Than Debt

By Peter Coy on March 06, 2012

A report released today by Goldman Sachs says that if push comes to shove, the federal government will pay its lenders before it pays Social Security and Medicare beneficiaries. Debt service “should be seen as the top claim on government resources in most cases,” says the Goldman analysis…

Q: Who runs Obama? A: Goldman Sachs! It’s not just Obama, look back at the make up of presidential administrations for decades, both parties. This should wake you up!

Who did Bush II hand over the wealth of our nation to the day he walked up to a bank of microphones and told us unless we gave 700 plus billion dollars the world would end as we know it in 24 hours? Hank Paulson, former Goldman Sachs executive, to spend it as he saw fit with no congressional oversight nor hindsight. And he gave most of it to the banksters!

…One number soars scarily above all others. It’s the burden of Social Security, Medicare, and other entitlements in excess of money set aside for them, otherwise known as “unfunded entitlement payments.” Their net present value is 188 percent of gross domestic product. By contrast, debt held by the public—which got all the attention last summer—has a net present value of 54 percent of GDP. The federal government’s total on- and off-balance-sheet net liabilities, present and future, have a net present value of 299 percent of gross domestic product, Goldman calculates.

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