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Sean Hannity: ‘America Will Be Bankrupt. America is Headed to Greece’

Margaret Knapp | August 4, 2015 | 5:20pm EDT
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“Real numbers tell me America will be bankrupt. America’s headed to Greece. We will become Greece,” nationally syndicated radio show host Sean Hannity said on his Monday broadcast.

“Do the math. We’ve robbed our kids blind,” he pointed out. “[President] Obama’s doubled the debt. He’ll accumulate as much debt in his eight years as every other president before him combined.”

Hannity’s Monday show featured a discussion with Mark Levin, another nationally syndicated radio show host, to discuss Levin’s new book, which was released Tuesday.

Plunder and Deceit focuses on avoiding “economic and social calamity” by aiming to educate younger people to “break through the cycle of statist manipulation, unrelenting emotional overtures, and the pressure of groupthink.”

 

 

Here is what Hannity and Levin had to say:

Levin: “Barack Obama said the other day – he made an announcement, I think it was a Saturday radio… whatever he does. He said, ‘These programs are in great shape.’ Sean, I didn’t write this. The trustees for Social Security, Medicare and Medicaid – every year they’re required to give a report to the speaker of the House and the president of the Senate, who is Joe Biden.

“It’s out there for everybody to read. And you know what they say? They say at the end of 2016 the disability insurance part of Social Security is broke. There’s not a penny left in it. Not that there ever was.

“The other part is broke in 11 years. Medicare shortly thereafter is going broke even faster. Now what is Barack Obama doing about it? Expanding it. What is the Congress doing about it? Zippo.

“So what are we going to do? You know, people who say ‘No, no, no leave them alone,’ they’re the most destructive of them all. These programs are going to die on their own.”

Hannity: “This is the deceit part of Plunder and Deceit. The deceit is we were told this money was put in a lock-box. That was always a lie.”

Levin: “There is no lock-box.”

Hannity: “There is no lock-box, they squandered the money.”

Levin: “There is no trust-fund, there are no personal accounts, there’s nothing. You know what’s in them? I-O-U’s. That’s it.”

Hannity: “But do the math, we’ve robbed our kids blind. Obama’s doubled the debt. He’ll accumulate as much debt in his eight years as every other president before him combined.

“So I know we don’t live in this bubble called D.C. We don’t have their special abacus or calculator. We actually use real numbers.

“Real numbers tell me America will be bankrupt. America’s headed to Greece; we will become Greece.”

Levin: “Not only are you right, the G.A.O [Government Accountability Office], the C.B.O [Congressional Budget Office], the Congressional Research Service, all the other alphabet soup [agencies] they have in Washington - tells us this.

“So when you take the government’s own information in addition to your own ability to reason and you look at other experts who are serious about these things, they’re all telling us the same thing.

“But nobody is really talking about it and certainly no one is learning about it in college and high school and in post-graduate school. This is my effort here.”

 

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