Wednesday, April 22, 2020

Social Security and Medicare Funds At Risk

WFMZ
Social Security and Medicare funds at risk even before virus
"The financial condition of the government’s two biggest benefit programs remains shaky, with Medicare expected to become insolvent in just six years, while Social Security will be unable to pay full benefits starting in 2035, the government said Wednesday...

... Medicare would have to cut its payments to hospitals, nursing homes and other medical providers...."


Let me put this simple as I can..
Here we have the government's treasury department' which can simply print trillions of dollars to prop up wars and wall street corporations without ever expecting paybacks. But when it comes to it's own citizens...


crooksandliars
Banks Made $10 Billion In Fees Processing PPP Loans
"The banks took in the fees while processing loans that required less vetting than regular bank loans and had little risk for the banks, the records show. Taxpayers provided the money for the loans, which were guaranteed by the Small Business Administration."

FOX News
McConnell says states should be able to declare bankruptcy, wants to hit 'pause' on federal aid


Screw the taxpayers.
When it comes to federal money, you're on your own.
When is enough.. enough?

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