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No Social Security $$ increase until 2012; Obama double crosses his base, media smothers the story
The Collins Report ^ | August 21, 2009 | Kevin "Coach" Collins

Posted on 08/21/2009 6:07:46 AM PDT by jmaroneps37

This is another important story being smothered by the Democrat controlled media.

The Obama administration has quietly announced there will be no raise in social security payments next year and maybe not until 2012, a presidential election year.

Citing a 2008 third quarter cost of living decline, Congress has voted no cost of living increase in next year’s Social Security checks for the first time since 1973.

The Democrats are pointing to their own prediction of a “… [steady] decline in consumer prices through the first three quarters of this year…” Based on this they claim to foresee no need for raises until possibly 1212.

Democrats ignore Consumer Price Index: hide behind flat Inflation

Obama’s base will suffer the most. While 80% of our big cities voted for Obama it’s apparent the elderly, both White and minority, will be asked to “balance the budget” by themselves. There might not be any inflation but the Consumer Price Index (CPI) has risen steadily since January, and people are living by the CPI not the rate of inflation.

Numbers show ignoring the CPI will crush elderly and minorities

Using Gastonia North Carolina as a baseline for CPI, here are some comparisons with other centers where the population is White Black Hispanic elderly and overwhelmingly Obama supporters.

In each of these Urban centers Obama got more than 80% of the vote but:

Those living in New York City need 55% more to live than those in Gastonia.

In Detroit they need 12% more; in Cleveland they need 10% more; Bostonians 25% more

Chicagoans 10.7% more and Oakland Californians need 43% more than those in Gastonia

The poor in these cities receive standard payments the same as everywhere else. The combination of no raise and a rising CPI will actually kill some of them

(Excerpt) Read more at collinsreport.net ...


TOPICS: News/Current Events
KEYWORDS: bho44; elderly; seniors; socialsecurity; socialsecuritycuts
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The next COLA raise comes just in time for 2012, how nice!
1 posted on 08/21/2009 6:07:47 AM PDT by jmaroneps37
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To: jmaroneps37

But you can bet on Medicare taking more from your social security check in 2010.


2 posted on 08/21/2009 6:09:13 AM PDT by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: jmaroneps37

Many, many seniors are one issue voters—that issue being their Government benefits (SS, medicare, etc). You can bet all hell will break loose when they don’t see their checks increase in Jan. Personally, I don’t have much sympathy for them—at some point we will have to tell them NO!


3 posted on 08/21/2009 6:11:32 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: jmaroneps37

I’m confused. If we’re in a deflationary period, why should people expect a COLA hike in Social Security?


4 posted on 08/21/2009 6:11:54 AM PDT by randita (Chains we can bereave in.)
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To: jmaroneps37
Obama’s base will suffer the most. While 80% of our big cities voted for Obama it’s apparent the elderly, both White and minority, will be asked to “balance the budget” by themselves. There might not be any inflation but the Consumer Price Index (CPI) has risen steadily since January, and people are living by the CPI not the rate of inflation. Numbers show ignoring the CPI will crush elderly and minorities

This is EXACTLY what I predicted years ago - the government would start having COLAs fail to keep pace with the rate of inflation. It amounts to reverse compounding.

Since Social Security is underfunded, the Fedgov will use an unholy trinity to bring it in-line with receipts - understate the action rate of inflation, have COLAs fail to keep up with even that artificially-low inflation rate, and then will monetize fedgov debt, which will further fuel inflation.

5 posted on 08/21/2009 6:12:16 AM PDT by dirtboy
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To: Carley

No food,No health care,your on your own Granny!


6 posted on 08/21/2009 6:12:22 AM PDT by Dr. Ursus
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To: jmaroneps37

This is just a first step.
It’s fun to trash the Baraqqis here, but the reality is that almost all of the Wash DC crowd are guilty in the Social Sec scam.
The numbers don’t work folks, no matter what you read in the AARP magazine.........


7 posted on 08/21/2009 6:12:26 AM PDT by nascarnation
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To: jmaroneps37

I thought zero’s base was the union crowd with the minimum wage issue, not the SS issue.


8 posted on 08/21/2009 6:12:33 AM PDT by Sig Sauer P220 (Forget going Galt. Its time to go Braveheart.)
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To: rbg81

True but obammy wants to turn old folks in to soilent green.


9 posted on 08/21/2009 6:12:49 AM PDT by Joe Boucher (google; operation garden spot and REX84)
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To: jmaroneps37

No increase in SS, but Congress gets a raise. How quaint.


10 posted on 08/21/2009 6:13:17 AM PDT by OCCASparky (Steely-Eyed Killer of the Deep)
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To: jmaroneps37

If the Republican party were to do this, the Dems would all shoud, “cuts, cuts.” Little, if any, media coverage on this at all.....


11 posted on 08/21/2009 6:14:22 AM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: jmaroneps37

My parents are both notch babies (born between 1917 and 1923), both screwed by the last SS change and correction by Jimmy Carter.

They’re still waiting for congress to fix the problem. Congress is waiting for them to die.


12 posted on 08/21/2009 6:17:13 AM PDT by TC Rider (The United States Constitution - 1791. All Rights Reserved.)
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To: jmaroneps37
If this is true the old folks will riot.

13 posted on 08/21/2009 6:19:26 AM PDT by TSgt (I long for Norman Rockwell's America.)
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To: OCCASparky

WASHINGTON, Jan. 10 /PRNewswire-USNewswire/ — Members of Congress have
awarded themselves a 17 percent higher Cost of Living Adjustment (COLA) than
the nation’s 48 million elderly beneficiaries will receive in 2008.


14 posted on 08/21/2009 6:21:34 AM PDT by Recon Dad ( MARSOC DAD)
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To: Joe Boucher

obammy wants to turn old folks in to soilent green.


And then he wants to confiscate their assets. He needs your parents $$ more than you do. In his mind, its a win-win.


15 posted on 08/21/2009 6:21:46 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: jmaroneps37
The combination of no raise and a rising CPI will actually kill some of them

Yep...if this don't get you the death panel will...

16 posted on 08/21/2009 6:22:40 AM PDT by ravingnutter
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To: OCCASparky

Can’t wait to see AARP’s position on this. They can explain to their members why its good the Dems are screwing them out of their COLA. And all this time, the Conservatives were supposed to be the boogeymen....


17 posted on 08/21/2009 6:23:24 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: jmaroneps37
While we're on the subject of seniors...

Family told by NHS: Alzheimer's is not a 'health condition'

18 posted on 08/21/2009 6:23:48 AM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: randita

Granted, but with that logic why should the congress get a automatic COLA increase?


19 posted on 08/21/2009 6:24:14 AM PDT by Recon Dad ( MARSOC DAD)
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To: jmaroneps37

How about the automatic COLA for congress, will it go on thru? Bet it does.


20 posted on 08/21/2009 6:24:30 AM PDT by midwyf (Wyoming Native. Environmentalism is a religion too.)
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