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Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Anonymous Coward
Boogerflicker
User ID: 4159
03-11-2010 01:36 AM

 



Post: #1
shocked1 Treasury Plans to Take Social Security from Elderly for Unpaid Loans
http://finance.yahoo.com/retirement/arti...e-planning

Source: The Wall Street Journal

A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.

Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by “offsetting,” or withholding Social Security and disability payments.

The Treasury currently withholds benefits of 3.1 million Social Security recipients to recover defaulted student–, farm– and small–business loans, unpaid income taxes, amounts veterans owe for health care, and other debts to the government.

Read entire article at link.

Who's government is this once again? Oh that's right, not ours.doomed
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Leopardsands
Goth BBS Creature
User ID: 4226
03-11-2010 01:43 AM

Posts: 6,518



Post: #2
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
These elderly they claim owe something will starve or freeze them to death literally since if they are on social security they largely go without food to pay oil heating or to afford medication even on medicare.
The system they are on looks like pulley with discombobulated pieces of tornado aftermath scrap metal plastic shards.

Hidden Content:
Congress hits a new low aka. picking on those who have the shortest time left on this earth.
If they are they lucky may live to witness their grand kids get kwedit cards.

Nearer to when buy nothing day will become my every day.
For every action there's some equal and opposite government program.
Forums are the short bus ! I get the back seat !
Awake and casting a spell

Fueled by Moran Power
(This post was last modified: 03-11-2010 02:11 AM by Leopardsands.) Quote this message in a reply

Crazed Arkansan Moderator-INFP
User ID: 4006
03-11-2010 01:48 AM

Posts: 18,013



Post: #3
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
IS THERE NO END TO THIS RAPE OF THE POPULACE???

http://ufonetwork.org/

http://www.flickr.com/photos/heidilore/

http://www.paranormalarkansas.com/

Ron Jeremy for President 2012...we are going to get screwed anyway, might as well be by a pro.
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Anonymous Coward
Transparent Debunker
User ID: 4159
03-11-2010 01:56 AM

 



Post: #4
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
HeidiLore  Wrote:
IS THERE NO END TO THIS RAPE OF THE POPULACE???

I'll tell you what, nothing surprises any more.
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Crazed Arkansan Moderator-INFP
User ID: 4006
03-11-2010 01:57 AM

Posts: 18,013



Post: #5
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Anonymous Coward  Wrote:
I'll tell you what, nothing surprises any more.

*Shaking my head sadly.*

http://ufonetwork.org/

http://www.flickr.com/photos/heidilore/

http://www.paranormalarkansas.com/

Ron Jeremy for President 2012...we are going to get screwed anyway, might as well be by a pro.
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Ouroboros
Registered User
User ID: 4220
03-11-2010 02:05 AM

Posts: 968



Post: #6
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
How low can you go?
Government interpretation of a Mafia shake down. 2 muscular young men wearing cheap suits arrive, pick up the old folks by their feet and shake them until all the coins fall from their pockets.
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Anonymous Coward
Twatwaffle
User ID: 2137
03-11-2010 02:11 AM

 



Post: #7
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Perfect. Attacking the disabled and elderly over pennies is so much easier and productive than getting stockbrokers or banks to pay their taxes.
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The Lucky AC
Everything in life is luck
User ID: 888
03-11-2010 02:13 AM

 



Post: #8
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Jhikpghf
Easy prey are all wolf lawyers know how to pick on anyhow.
Anonymous Coward  Wrote:
Perfect. Attacking the disabled and elderly over pennies is so much easier and productive than getting stockbrokers or banks to pay their taxes.
Quote this message in a reply
Anonymous Coward
Twatwaffle
User ID: 63
03-11-2010 02:19 AM

 



Post: #9
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
HeidiLore  Wrote:
Anonymous Coward  Wrote:
I'll tell you what, nothing surprises any more.

*Shaking my head sadly.*

I really think they are trying to provoke the citizens into rash behavior so they can unleash the swat teams.
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Anonymous Coward
Confuzzled Observer
User ID: 4159
03-11-2010 02:23 AM

 



Post: #10
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Anonymous Coward  Wrote:
HeidiLore  Wrote:
Anonymous Coward  Wrote:
I'll tell you what, nothing surprises any more.

*Shaking my head sadly.*

I really think they are trying to provoke the citizens into rash behavior so they can unleash the swat teams.

Sure seems that way, doesn't it?
Time is moving faster.
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Andromeda
Double Tap
User ID: 4139
03-11-2010 02:29 AM

Posts: 7,391



Post: #11
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Another good reason not to count on social security.

I don't expect to retire. I just expect my workload to get lighter as I get older.
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Skeptic™

User ID: 2030
03-11-2010 03:43 AM

Posts: 4,551



Post: #12
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
That reminds me, I need to pay off my defaulted Student Loan...


doomed

Don't be upset at the results you didn't get, with the work you didn't do. Jhikpghf
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Anonymous Coward
Lopster
User ID: 3286
03-11-2010 03:50 AM

 



Post: #13
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Guess it's a good time we start looking after each other
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Anonymous Coward
Unsung Hero
User ID: 4159
03-11-2010 03:51 AM

 



Post: #14
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Skeptic  Wrote:
That reminds me, I need to pay off my defaulted Student Loan...


doomed

Why? Seriously why?
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Anonymous Coward
Twatwaffle
User ID: 4159
03-11-2010 03:52 AM

 



Post: #15
RE:Treasury Plans to Take Social Security from Elderly for Unpaid Loans
Anonymous Coward  Wrote:
Guess it's a good time we start looking after each other

As it should be.Heartflowers
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