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Millions face shrinking Social Security payments (more Hope & Change for seniors)
Yahoo News/AP ^
| 8-23-2009
| STEPHEN OHLEMACHER
Posted on 08/23/2009 2:12:07 PM PDT by Frantzie
WASHINGTON Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy
KEYWORDS: cola; obama; satan; socialsecurity
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No COLA for the next two years for Social Security. I guess illegals need the money more. Boy granny and grandpa are sure gettin screwed by Hole & change. I hope they don't get "all we weed up!"
1
posted on
08/23/2009 2:12:07 PM PDT
by
Frantzie
To: Frantzie
I guess seniors will start missing Bush.
2
posted on
08/23/2009 2:12:43 PM PDT
by
Frantzie
(Lou Dobbs - American Hero! Bill O'Reilly = Liar)
To: Frantzie
The COLA is based on the consumer price index and it has dropped from last year to this primarily because last year it was right in the middle of the gasoline and natural gas price bubbles. I didn't hear seniors complaining about the 5.8% COLA last year.
I feel their pain. My I-bonds are going to 0% interest. However, I was pretty happy last half-year when the rate was over 8%.
3
posted on
08/23/2009 2:16:24 PM PDT
by
KarlInOhio
("I can run wild for six months ...after that, I have no expectation of success" - Admiral Obama-moto)
To: Frantzie
No COLA for the next two years for Social Security. I guess illegals need the money more.GEEZER BAILOUT HERE WE COME!
4
posted on
08/23/2009 2:16:38 PM PDT
by
ExSES
(the "bottom-line")
To: Frantzie
Will this be blamed on Obama? The formulas in existing law indicate that they don’t get a cost of living raise.
Theoretically Obama and Democrats could pass a new law and give them a raise anyway. See if they try to do that.
To: Frantzie
You can bet your bippie that they'll vote themselves in another raise each year In the meantime, we'll be paying higher taxes on everything we touch =
6
posted on
08/23/2009 2:28:04 PM PDT
by
maine-iac7
("He has the right to criticize who has the heart to help" Lincoln)
To: Dilbert San Diego
Theoretically Obama and Democrats could pass a new law and give them a raise anyway. See if they try to do that. NOTHING THEORETICAL ABOUT IT! LBJ gave huge increases in COLAs and really put Social Security on its Ponzi Scheme slide!
7
posted on
08/23/2009 2:28:12 PM PDT
by
ExSES
(the "bottom-line")
To: Frantzie
maybe the only way to get rid of us is to starve us to death.....
8
posted on
08/23/2009 2:29:22 PM PDT
by
dalebert
To: ExSES
and we will be needing a geezer zar.
9
posted on
08/23/2009 2:37:09 PM PDT
by
dalebert
To: Frantzie
If this happened during a Republican administration there would be no end to the outrage.
To: Frantzie
Well, all I can say to all you wanting hope and change..
11
posted on
08/23/2009 2:42:41 PM PDT
by
NormsRevenge
(Semper Fi ... Godspeed .. Monthly Donor Onboard)
To: KarlInOhio
I feel their pain. My I-bonds are going to 0% interest. What a deal! You issue a note with its interest rate determined, semi-annually, by YOU! You control the "formula" by which the interest rate will be set and "adjust" the formula regularly! But hey..., it is backed by the "Full Faith and Credit" of the USA (just like your dollars!)
12
posted on
08/23/2009 2:56:39 PM PDT
by
ExSES
(the "bottom-line")
To: Frantzie
I gave up trying 10 + years ago.
You guys are one your own from then on.
\
13
posted on
08/23/2009 3:06:39 PM PDT
by
jongaltsr
(Hope to See ya in Galt's Gulch.)
To: Frantzie
shrinking social security payments.
I guess that actually means “less” change for seniors.
14
posted on
08/23/2009 3:25:30 PM PDT
by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Frantzie
15
posted on
08/23/2009 3:48:12 PM PDT
by
JCG
To: Frantzie
Oh what a friggin @$$ that messiah is.....Nobody but nobody votes as much and with such conviction as the seasoned citizens....
Boy does he know how to screw it up or what???
16
posted on
08/23/2009 3:53:44 PM PDT
by
Vaquero
("an armed society is a polite society" Robert A. Heinlein)
To: Frantzie
I have never taken my W is President sticker off of my car window. Yes, I always knew that we would miss 43.
17
posted on
08/23/2009 3:56:10 PM PDT
by
Coldwater Creek
("When you strike one American, you strike us all" ( President George W. Bush))
To: Frantzie
“Millions of older people face shrinking Social Security checks next year, the first time in a generation”
Didn’t Clinton raise the taxes on SS recipients during his first term? I even seem to recall Gore casting the deciding vote in favor to raise them.
18
posted on
08/23/2009 4:00:37 PM PDT
by
Birch Barlow
(The nine most terrifying words in English are, I'm from the govt and I'm here to help you.-Reagan)
To: Frantzie
Serves them right. They loved Obama, wanted Obama and now they have Obozo
19
posted on
08/23/2009 4:21:25 PM PDT
by
LilRhody
To: LilRhody
20
posted on
08/23/2009 4:22:32 PM PDT
by
marbren
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