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No SS COLAs again this year.

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No SS COLAs again this year. Empty No SS COLAs again this year.

Post by SamCogar Mon Oct 11, 2010 5:12 am

It is pretty much now official, to wit:

October 10, 2010 - Social Security benefits blunted again

WASHINGTON -- As if voters don't have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits.

It would mark only the second year without an increase since automatic adjustments for inflation were adopted in 1975. The first year was this year.

http://wvgazette.com/News/201010100586


About 10 days ago I received the following E-mail which I was a little leary of the truth of it, ....... but the above now conforms it. To wit:


THE SOCIAL SECURITY ADMINISTRATION IS FUNDING TWENTY FOUR MILLION
DOLLARS--LET ME REPEAT THAT AMOUNT... SO YOU UNDERSTAND IT $24,000,000.00 DOLLARS FOR NEW ELECTRONIC MEDICAL RECORDS PROCESSING FOR OUR CONGRESSMEN AND SENATORS !!

THEY ARE OBTAINING THESE FUNDS, And I QUOTE DIRECTLY FROM THE SOCIAL SECURITY WEBSITE...

"THIS MONEY WILL BE COMING FROM THE SAVINGS TO BE GENERATED FROM WITHHOLDING "COST OF LIVING INCREASES FOR 2010 & 2011 In SOCIAL SECURITY BENEFITS FOR THE ELDERLY AND A $2.00 INCREASE ON ALL MEDICARE RX BENEFIT CO-PAY"

Please pass this to ALL your friends and have them
"PROTEST TO THE IDIOTS WE ELECTED TO CONGRESS"
Who by the way, have just voted themselves ANOTHER 3% SALARY INCREASE!!!

We must put a stop to this outright thievery!
It is THE CONGRESS AND THE SENATE, BOTH REPUBLICAN AND DEMOCRATS, WE
CAN'T FIRE THEM, BUT WE SURE CAN NOT RE-ELECT THEM, And WE CAN IMPEACH
THEM
Or DEMAND RECALL ELECTIONS !!!
HOW ABOUT WE ALL GET TOGETHER AND DUMP THESE CLOWNS.

All I ask is that you consider the suggestion here.

The entire Congress of the United States is corrupt.
And I mean both Houses and I mean both major parties.
I realize that a few Members of each House are trustworthy,
But,
As a group they are absolutely the most corrupt bunch
To ever disgrace our Nation.
In November of 2010
The entire House of Representatives will stand for re-election;
All 435 of them.
One third of the Senate,
A total of 33 of them, will also stand for re-election.
Vote every incumbent out.
And I mean every one of them.
No matter their Party affiliation.
Let's start all over in the House of Representatives with 435 people
Who have absolutely no experience in running that body,
With no political favors owed to anyone but their own constituents.
Let's make them understand that they work for us...
They are answerable to us
And they simply have to run that body with some common sense. Two years
later, in 2012,
Vote the next third of the incumbents in the Senate out.
We can do the same thing in 2014 and,
By that time we will have put all new people in that body as well.

We, the People,
Have got to take this Country back and we HAVE to do it peacefully.
That's what the Framers of our Constitution envisioned.

I am also suggesting term limits on the NEW BUNCH -
8 YEARS FOR REPRESENTATIVES AND 12 YEARS OF SENATORS.
NO EXCEPTIONS.
THE LONGER THEY STAY IN OFFICE THE MORE POWER THEY GET
AND THEY LOVE IT AND WILL DO ANYTHING TO GET RE-ELECTED.

WE HAVE TERM LIMITED THE PRESIDENT -
NOW LET'S TERM LIMIT THE LEGISLATORS.
Please,
If you love this Country,
Send this (as I have done) to absolutely everyone
Whose email address appears in your address book..
This thing can permeate this Country in no time.
Let's make it happen.**

VOTE THE POWER ABUSERS OUT...
LET'S TAKE AMERICA BACK !!!
IF YOU LIKE THE WAY THINGS ARE GOING IN OUR COUNTRY,
THEN DO NOTHING
For those of you who would really like to do something:
Check out this web site:
www.goooh.com
Then Join so we can make it happen!

SamCogar

Number of posts : 6238
Location : Burnsville, WV
Registration date : 2007-12-28

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No SS COLAs again this year. Empty Re: No SS COLAs again this year.

Post by Aaron Mon Oct 11, 2010 6:39 am

In all fairness Sam, COLA's are based on CPI increases year to year and in 2008, Social Security got a 5.8% raise when the raise is normally right at 2% so over the past 3 years, the average is pretty much where it should be. I have no problem with no COLA increase. I do believe Congress erred in granting themselves a 3% raise, and if they were smart, would tie their increases to the same formula Social Security uses.
Aaron
Aaron

Number of posts : 9841
Age : 58
Location : Putnam County for now
Registration date : 2007-12-28

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