Episode Details

36m

49m

• There is a bloody, lethal, deadly revolution around the corner.
• Remember in Zimbabwe, that also ended in a bloody disaster.
• The point is b/c we are the reserve currency of the world, that is the only reason we haven’t fallen.
• The end of the dollar being the reserve currency of the world.
• The Chinese have moved from it, the Russians are asking to be paid in the Ruble now etc.
• She (Joy Pullman) is the one that reminded me of Kotlikoff.

AUDIO/VIDEO: Rep Byron Donalds on Joy Reid’s show on MSNBC – “Now Joy, I’m a financial professional. I do more than just Congress” as she keeps saying “That’s actually not true” over and over in response to being told Social Security is going to be insolvent in 2035.

• What is the fiscal gap or UNFUNDED LIABILITY?
• The answer is a terrifying $59.8 TRILLION.
• The only way out of this is complete dis-solvency. 
• How many people are 100% dependent on their Social Security for their daily existence? 
• The tables and charts in this report are in the trillions!
• Have you ever tried to remove $10,000 from your local bank?
• Can you get that money same day at that exact moment?
• Most banks don’t even have that on hand at any given time.
• Why is Joy Reid screaming this isn’t true?
• They can’t say anything about it b/c if the old people knew the actual status of SS is about to come tumbling down they’d have millions revolting on grandma’s behalf.
• What do you do with those drawing SS payments that are disabled?
• What happens when it crashes?
• What happens to Medicaid when this happens?
• This is serious stuff here and the MSM isn’t even discussing this.
• What if in 2011 the Princeton Gartaluchi suggested – all are broke, what we should do is the Federal Government should seize all the pension assets of all private companies and put all of them into SSI?