Social Security and Medicare Finances Worsen

[Skyowl's Wife]

... open accounts with Matricula Consular Cards issued by the Mexican Government.

This gave personal, automobile, and real estate mortgage credit to people who otherwise would not have got it under the present credit system...effectively creating a credit bubble within the credit bubble of the larger economy!

From what I understand, after a while, they didn't even ask for the MCCs. A woman in California got a million dollar mortgage on her verbal responses to questions asked, moved in and then NEVER MADE A SINGLE PAYMENT.

BTW, she was oriental, not hispanic.

[TheUnboundOne]

Skyowl's Wife,

You wrote:

From what I understand, after a while, they didn't even ask for the MCCs. A woman in California got a million dollar mortgage on her verbal responses to questions asked, moved in and then NEVER MADE A SINGLE PAYMENT.

Maybe, before the banking crisis, I should have got a mortgage to get my homestead by going to a bank with a Daffy Duck Chicken Inspector Badge:

BTW, she was oriental, not hispanic.

Her heritage or national origin do not matter to me and I do not see the issue of illegal aliens in those terms. There are illegal aliens of every heritage and national origin and there are equally up-right U.S. Citizens of every heritage and national origin.

It's just a matter of simple justice and logic that a nation cannot exist for long when natural-born and naturalized citizens require papers do to anything, yet aliens who aren't supposed to even be here can get away with anything without the same requirements. This makes born or naturalized citizens into second-class human beings in their own land and it makes illegals into a privileged class.

It is a dangerous powder-keg ready to explode under this nation at any minute. I don't want to see things turn out this way, but I am acting to get prepared to protect myself and my loved ones if TSHTF.

[Lil Bear]

Unfortunately, our social security and medicare system has been a source of extra spending money for the government for many decades. Anytime there was a shortfall in the budget or a department of the government over spent thier budget, the took money out of social security to cover the shortfalls. This money was covered by bonds and other notes. However, our government has yet to pay on any of these bonds and now it looks as if they will never be able to.

The plan is to spread health care coverage to those who can not afford it and lessen the amount of care to those who can afford it. This inturn makes those who can afford say "why am I paying for the same thing they are getting for free". So now they quit paying for it and pretty soon everyone is using the GOVERNMENT version of health care. Basically they are going to flood and over burden healthcare programs to the point of closure, then they will make it mandatory (whish I believe has already been stated in the news) and provide thier type of healthcare. If you study your history, there are at least 2 examples of what we are heading for. The first is France. Thier healthcare has gotten to the point that they are telling the elderly which surgeries they qualify for and which ones they do not- ie-sorry grandma you are not elligable for that hip or catarct surgery cause of your age, some younger needs it. I know 2 people in France that have had this told to them. Why do you think they are telling us not to allow this to happen. The next example is Hitler. He overburdened the private programs to the point of collapse and that is when he took over everything. Read MEIN KAMPF-it looks a lot like today.

[Skyowl's Wife]

It's just a matter of simple justice and logic that a nation cannot exist for long when natural-born and naturalized citizens require papers do to anything, yet aliens who aren't supposed to even be here can get away with anything without the same requirements. This makes born or naturalized citizens into second-class human beings in their own land and it makes illegals into a privileged class.

Absolutely agree. Actually, in some cases, the illegals have it better than green-card holders AND citizens. We certainly don't get medical care with no questions asked!