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MirageGuy, I think you got your state colors mixed up just as your thinking is. No one wants to have equality in income, just a safety net in place for the really poor thru no fault of their own. Not everyone makes 20.00 dollars an hour and can provide for their own health and retirement. Sure there are some, not only ...more
Bernanke's Operation Twist: Let's see if we can get interest rates so low that those owners of safer investments such as CDs, Bonds, and other fixed income investments (primarily retired seniors) can be driven into the stock market. We haven't starved them out of those "safer investments" yet. If we can accomplish that...more
Apparently the Federal Reserve thinks that people with no jobs and in debt are going to be out buying houses or transferring money they don't have to the stock market. They won't and can't.
They must not realize that the only people at present who can help the economy are those with a little extra cash invested ...more
Heck, I'm all for their salaries and pensions. Quit trying to drag everyone down because you don't make as much. Work on getting more for yourself or get one of these lucrative lifeguard positions. I'd rather have everyone's pay and benefits rising instead of falling.
Don't believe the people who say theThe SS trust fund doesn't exist. It does and will always exist as long as the government is a functioning entity with the power to tax and or create money. If and until the federal government defaults on all it's debts, which isn't likely considering the fact they have the power to t...more
Of course there is no real money in the trust fund. It was set up by law to be invested in U.S. treasuries. There never has been any money there. In fact there is no real money in the united states. Only pieces of paper, metal coins, and electronic transfers which our government and we have agreed to accept as money in...more
Alin Cary, You will receive a COLA for this year since inflation has passed the inflation figure for the last Social Security COLA increase. However, there will more than likely be a medicare premium increase which will "eat up" much of that COLA increase.
Medicare requires that 25 percent of medicare costs be p...more
Moor: One of the Republican proposals (and some democrats agree - not many) is to change the COLA to the wage increase index instead of the CPI. It is not a lie.
By the way, the people who complain that SS receipients get more than they paid in, are full of you know what. These bonds issued by the government to cover social security pay interest. If you continually put money in a savings account at a bank for 50 years do you expect to only get back what you put in. Hell no, you...more
9/20/2011
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