Obama Declares War On Seniors, Steals Part Of Their SS Check

Obama Feeds America SC Obama Declares War On Seniors, Steals Part Of Their SS Check

Barack Obama’s war on America’s seniors knows no limits. The Treasury Department is withholding part of the Social Security monthly payments of about 115,000 seniors because they have fallen behind on student loan payments.  There was a time when Social Security benefit payments were untouchable, but that is a thing of the past.

Obama’s War on Seniors is growing at such a rate that the number of affected seniors has almost doubled in just the last year. These size of the payments being withheld are not insignificant. Depending on the circumstances, some run up to as high as 15%. With the average retiree’s benefit payment at about $1,234, the monthly bite could be nearly $190.00. What’s worse is that many seniors don’t realize that they are still liable for their student loan payments, even though they have been pushed out of the working mainstream by Barack Obama’s fiscal policies.

Thanks to younger relatives, often grandchilderen, who are out of work and unable to repay these loans (for the same reasons their elders are either retired or working as Walmart greeters), people who never set foot in a college classroom are having to suffer these reductions in their small Social Security benefits.

A New Jersey attorney reports that he has represented six clients in the last two years who have fallen into this repayment trap because they co-signed a student loan application for a grandchild. Still, others have gotten into trouble because, in an attempt to improve a personal resume, they took out a student loan for Graduate school degrees  that ultimately came to naught.

Most seniors in this trap are embarrassed to speak about their predicament, but one Boston attorney tells of working with an 83 year old veteran who co-signed to cover the tuition of his son in the 1990s, only to find that because both of them have fallen behind on the required payments, he is now obligated to make payments on the loan.  HE is now seeing the federal government forcibly taking some of his monthly Social Security check.

Paying what we owe is an import feature of the American character, and certainly, it is a cherished part of the personal sense of being for older Americans. Barack Obama’s failures are driving more and more seniors to buy their dignity back each month at a high price. This is Barack Obama’s war on seniors.

Photo credit: Dan Jacobs (Creative Commons)

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Comments

  1. I just received Another letter from Social Security…they are taking more out now.

    • Of course they are because we seniors have to pay for the medical care promised to illegal aliens.

    • My husband and I both are getting our SS cut, and we didn't sign a note for a grandchild to go to college, they said they had been overpaying us, they were the ones who figured things up and told us what they would pay, so its there fault if they goofed up, but we have to suffer for it! if obama is relected, these hard headed democrats are going to get a reality check slap up side the head so hard, they'll not be able to see straight, and the idiots will deserve it!

  2. Be careful. If Obama is re-elected he will come after your 401k and IRA Accounts. Why not. He will be our dictator for as long as he lives. MARK MY WORDS.

    • I honestly never thought I'd live long enough to go thru something like obama! I'm 70 now, I know I don't have much longer on this wicked earth! I pray daily that Romney will win, but in reality, there is no way this illegal muslim will lose. I look for his fake staged assassination to take place when they have there convention!

  3. Obama is anti-American all the way. He should be removed from office and does not deserve one penny of a pension afterwards.

  4. disgusted says:

    OK. I have all the sympathy in the world for these seniors, but……….a lot of them still SUPPORT this ape in office because of this lie, called a “healthcare”. Maybe this will wake more of them up, and they will open their eyes to the reality of the situation, and to what this MONSTER is doing, and WILL DO to US ALL! He gives NOTHING AWAY FOR FREE! There are STRINGS ATTACHED TO EVERY “FREE” THING HE “GIVES” to anyone!!!! Blacks included will pay through their noses for all those “obamabucks”, wait and see, if we have time, that is, but this freak is not in this for anyone other than himself, and that is a pure FACT! He will BREAK THIS NATION! It is already broken, and almost in shreds as it is, given time, he will finish it off completely!

  5. It is happening to me. I co-signed for my son. He dropped out of college after 1 1/2 years and never paid it off so now Im stuck with the payment. The government is taking clost to 2 hundred dollars out of my social security check every month tell its paid for. My son has a good job and refuses to make the payments. Im stuck. That is the grocery money. Now I will live out of church boxes to eat. Im mad as hell at our government and now my son who wont make the payment.

    • You should be angry at your son for leaving you to deal with his financial mess….It's not the government's fault you co-signed for him is it? Someone has to pay the debt, get your son to pay it off if you can, otherwise I'm afraid Obama's in the right. If this kind of thing is widespread, it's no wonder the USA is in such economic trouble. Don't blame Obama for having difficulty trying to clean up this mess while having his hands tied by a bunch of whiners who want everything for nothing!

    • Robin Carlisle says:

      Ummm, aren't republicans the party of personal responsibility? You see, when stuff like this happens to you then you are mad at the government. When it happens to someone else it is touted as "personal responsibility". You co-sign any loan and you pay up………… regardless.

    • They should be garnishing your sons wages for it, not your milk money.

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