Sunday, July 28, 2013

OBAMA'S HUGE SPENDING ADDICTION

Spending Retirees' Money
by Lee S Gliddon Jr

When we look at the problems that dug the hole that Detroit fell in we are seeing exactly what Obama is doing to America.

When things got bad and there were not enough taxes coming in from its citizens the Detroit politicians looked at the accounts and saw millions in the  the Retired Employee bank account. Then, with no hesitation, laws were enacted to make drawing from that account to deposit the funds into the General Account, and 'poof,' that money was spent. 

Currently our President is doing the very same thing!

Obama knows that if he went to Congress, as he should, his requests for money to give to HAMAS and such expenditures, would be summarily denied. Denied, and rightfully so.

Obama's Treasury Secretary found billions in the Employee Retirement Account and after advising Obama of that fact serious spending began.

If you will recall there once was an account set aside for Social Security Funding. When Congress needed to spend and there was no money after realizing the trillions set aside for retirees was spent. Now the Social Security beneficiaries that paid into that Fund are told, "you may suffer a reduction in your benefits."

Now, I ask, how will those retirees that spent years upon years in Government Services react when they are told, "gee, the money has been spent!"

There are managers, typists, clerks, ex-military, and every type of governmental position imaginable whose money is going, 'down the drain,' to support groups whose goal is to tear down America.

The BIG question is, will there be anyone who says, STOP IT NOW

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