Tuesday, December 18, 2012

Obama threw me under the bus - for the 1%

"I think we do need to take Social Security off the table because Social Security has not contributed to the debt and the deficits." - U.S. Senator Jeanne Shaheen (D. NH), MSNBC's Jansing and Co., 11/27/12
How soon they forget.

Right now they are playing a game of
Look at the dancing squireel.
Look at it over there >>>>>>>>>>
Look at the dancing squirrel adn while you aren't paying attention
Guess what we're going to do.....

From The Hill
On entitlements, Obama is offering to change the way inflation is calculated in benefit programs, including in Social Security, a move opposed by many liberals. The new method, known as chained consumer price index (CPI), would cut $130 billion more in spending. A source said that provisions are included to protect the most vulnerable.

In particular, the organization doesn't want congressional negotiators to use an alternate measure of inflation for calculating Social Security's cost of living adjustments, known as COLAs. The alternative measure, called the chained Consumer Price Index, would reduce the amount of COLAs over time. In October, the Social Security Administration announced a 1.7 percent increase in Social Security benefits -- which average $1,235 per month for seniors.

"If Congress had already adopted CCPI, the 2013 COLA would be even less, at only 1.4 percent," Rand wrote (click HERE for a PDF of the letter). "However, adopting a chained consumer price index to calculate Social Security COLAs is not a small benefit change -- it will compound benefit reductions dramatically over time, resulting in an annual benefit that is roughly $1,000 (2012 dollars) lower by the time a beneficiary reaches age 85."

$1,000 – eh?
So as the cost of goods goes up and up and up and up – benefits will go down and down and down.
Other seniors are talking a catfood future - I'm just thinking , no future.
Well I just got thrown under the bus so the 1% can have more.
The Dow went up this morning - cause of this deal ---- evidence that the rich will get richer.

Seventy-five percent of Americans nearing retirement age in 2010 had less than $30,000 in their retirement accounts. The specter of downward mobility in retirement is a looming reality for both middle- and higher-income workers. Almost half of middle-class workers, 49 percent, will be poor or near poor in retirement, living on a food budget of about $5 a day.

But dying early is not the basis of a retirement plan.

If we manage to accept that our investments will likely not be enough, we usually enter another fantasy world — that of working longer.

I refuse to work longer.
Dying early – for some seniors is becoming a scenario on which they must build their retirement plans.
I, personally, am planning on living until I am 82, not a day more.  No more needs to be said about that and I am not the only senior who thinks that way (I’ve done the research)

A Brad DeLong put it,“’Chained-CPI’ is code for ‘let's really impoverish some women in their 90s!’” This change would end up reducing benefits by about .3 percent each year and will hammer elderly women. The National Women’s Law Center calculates that the typical single elderly woman would see her monthly benefits reduced by $56 at age 80. It reports that this is “an amount equal to the cost of one week’s worth of food each month.”

It should come as no surprise, then, that Social Security represents virtually the only source of income for nearly 40 percent of women over 80, compared to just 28 percent of men. If these women see their monthly checks slashed, where do they turn when they can’t afford food at the end of the month?

Someone please remind me, right now, why I voted for Obama – why I supported him on the pages of this blog.
I guess me and other seniors like me just got screwed by the politics again.

Young Dems – you’re are definitely in trouble if you think seniors will fall for the Democrats lies again.  If you love your party - you better start getting other younger voters engaged, now for 2014 and 2016.

You will see more and more seniors voting third party – regardless of what it will do to the Dems.  Many will rather vote third party, to build a strong third party movement for future generations,  than support Dems who are really Republicans.  Dems who have forgotten what the Democratic Party is suppose to represent - and I for one, am sick and tired of listening to their excuses.  I'm tired of trying to prop up a party that doesn't stand behind the very values that it was founded on.  I'm sick and tired.

Screw me once, shame on you.
Screw me twice shame on me.

And everywhere I look – I’m getting screwed.

UPDATE:  two hours later:
From Daily Kos

Boehner rejects Obama offer to extend some Bush tax cuts for wealthy while cutting Social Security
But I’m not hopeful
Cause these paragraph tells the truth, the whole truth and nothing but the truth
Ah yes, the old "step in the right direction" statement.
In other words, it's time to move the goal posts. They've got President Obama where they want him—at the negotiating table. They weren't so happy when he was applying public pressure on them to extend middle-class tax cuts with no strings attached. But now that he's willing to deal behind closed doors, they've got to be thrilled. And as long as they believe President Obama is desperate for a deal, they'll hold out until they get every concession they can possibly get.

And now everyone - except the 1% - can get screwed AGAIN!
Same story - different year.
President negotiates - gives the Republicans what they want.

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