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Us Seniors Waiting For Social Security Check To Pay Mortgage

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http://money.cnn.com/2011/07/30/news/economy/debt_ceiling_social_security/

Libby Rowe already knows how she'll use her Aug. 3 Social Security disability check, which comes to about $1,000. She needs it to pay the mortgage and utility bills. If it doesn't arrive, she won't be able to put gas in her car and will have to cut back on groceries.

The first call Sherry Carson will make if she doesn't receive her $967 Social Security check will be to Wells Fargo. Carson, who said she's never been late on a bill, hopes the bank will let her postpone August payment.

Lynne Perry isn't holding out hope that her bank will help her. The Penfield, N.Y., resident called a few weeks ago and the representative told her she must make her payment.

"They said if the government defaults on me, I still have an obligation not to default on them," said Perry, 56, who gets by on a Social Security disability payment and some earnings from her Web design firm, LynSys Software Services.

Perry doesn't know what expenses she can cut if she doesn't receive her $1,735 check. She doesn't have cable and drives a 21-year-old car. At worst, she'll have to give up her cats.

More mess..

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The US defaulting is going to be a bit tricky, how will Timmy help his banker friends when the people cannot pay.

Cutting social security is going to be fun because the bankers have lent money against these cheques.

Genius.

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Heard on the news about a congressman visiting Afghanistan. The troops apparently repeatedly asked him if they will still paid if the talks fail. He said he can say that they will.

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Heard on the news about a congressman visiting Afghanistan. The troops apparently repeatedly asked him if they will still paid if the talks fail. He said he can say that they will.

But would anyone sane tell a large group of people with guns, who are doing a difficult job in harsh conditions, that they will not get paid. He'll worry about the reality of his statement once he's safely on the plane back home.

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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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