“Vote wise – vote strong – vote loud and the world will hear our
thunder”
No raises for
seniors on Social Security
By Arnie Sherr
For a second
consecutive year the Fed has told America’s seniors they will not be
getting raises in their social security, veteran pensions and compensation.
Why? Because when social security was created it was written to law that no
increases shall be forthcoming when the rate of inflation (CPI) is negative,
zero or close to it. Let me tell you of this entire scenario a few things that
anger me beyond words.
1. This antiquated regulation was configured and
now enforced by the very people that are responsible for the conditions that
have severely impaired America’s
rate of inflation. Therefore, I think it is incumbent upon them to amend the
CPI requirement exponentially.
2. If they can give the top 1% a tax break, certainly
American’s that depend on social security, veteran pensions and compensation should have increases. As it is, the preponderance of seniors
must work to supplement their social security, veteran pensions and compensation benefits.
3. Even thought the CPI (Consumer Price Index) remains stagnant, the
costs of utilities, insurance, healthcare, etc. continue to rise. It is seniors
that are most sensitive to such increases.
4. Just as they did last year the Fed will most probably give greater
than $4.4 MM Government workers, including the beaurocrats themselves, a minimum
2% raise. The average fed employee annual salary is approx $54, 000. Multiply
$4.4 million workers times $54 thousand and the federal payroll could be as
much as $237.6 trillion. A mere 2 percent of $237.6 trillion amounts to $4.7 trillion.
(Numbers are estimated due to vaguely available IT search results)
5. Since it is the Democrats that are in control they will unfairly attract
the most blame when in reality not giving SS and Veteran raises is a built into
social security regulation. I am sure for the Dems the timeliness of this is
bad, indeed. It is time for both houses to amend this outdated, unfair and
inapplicable regulation.
All seniors and those who parents and others
they care about are seniors must call, write, or email their local
representatives making two demands.
- Amend this regulation permitting cost of
living increases on social security and veteran compensation and pensions,
or - Refuse raises for the federal workforce
including themselves until such time as the CPI supports raises on social
security, veteran compensation and pensions as before.
On the next page is
a chart copied from U. S.
Treasury Department report to Congress (Updated 10 October 2010). It clearly illustrates how
the Congress spends OUR money.
As of this report the Federal Deficit is $13.6 trillion
dollars.
It is further predicted that by 2015 it will be $19.6 trillion
dollars.
The 2010 social
security payout is closely estimated at $700.8 trillion dollars. 2 percent is
$14.02 trillion.
In normal years 2007
and 2008 recipients received increases of about 3.1 percent.
- 2007 – or $20.2 trillion
- 2008 – or $22.9 trillion in combined
cost of living raises.
Yet, in the absence
of social security, veteran compensation and pensions, the fed authorized
across the board cost of living raises in 2009 to approximately 4.4 million
federal employees ($4.7 trillion).
CLICK HERE to be redirected
to the website from it was copied. It is bountiful of information that once
absorbed will qualify you as an expert. Certainly reading it will arm you
against the altruistic and twisted arguments pushed upon society by the bias of
the TV news and the cumbersome and annoying political ads being pounded over
and over.
There is so much
ambiguity and camouflage it is truly challenging to fully understand, yet
believe the pandering and exaggerations heard exponentially throughout our
daily lives.
November 2010 is
arriving quickly and it is at times like these; the November elections that “We the People” get to express how we feel;
not with unread and ignored letters and e-mails, but by simply the pull of a
lever or the press of a button. Don’t be late or absent for your inalienable
right to vote. If ever “We the People”
need to vote it is in the coming November 2010 elections.
Voting, I am sorry
to say is the only way we can tell Washington’s
cashocrats how we feel.
“Vote wise – vote strong – vote loud and the world will hear our
thunder”
