Big Big Cuts in Medicare, Medicaid and Social Security Coming

[Seashore]

This is just the beginning soon all social programs will cease to exist welfare and social assistance will be eliminated next This will happen everywhere not just America.

Yeah and we need to be prepared to take care of ourselves...

[J_rod7]

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Myself, a recipient of Social Security, having paid into this program some 46-Years from my honest labors, some years with earnings beyond the maximum subject to the FICA Tax, Have THIS news to report:

Just received a notice today that there will be NO COLA increase in 2010 for Social Security.
(COLA = Cost Of Living Adjustment).

This is the FIRST TIME EVER that the Social Security will NOT be adjusted for the rising Cost Of Living.


The "Downhill Slide" is getting underway now. With the MONEY becoming worthless at the same time, whatever savings, IRAs, 401k, Stock Funds, or investments: We The People are being Crushed.

Next stop Destitution, followed by Oblivion.

I don't see ANY lifelines or Life-Boats out there while this ship sinks.

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[Seashore]

I don't see ANY lifelines or Life-Boats out there while this ship sinks.

Think barter.

[Humble Janitor]

Originally Posted by seashore

Yeah and we need to be prepared to take care of ourselves...

Tell that to disabled people who can't even move around easily.


Well, I hope the Constitutionalists on here are happy. They finally got their wish, which means more people out on the streets, more crime and more despair thanks to cuts in social programs.

I don't need to watch some stupid propaganda piece to know that the government is full of ****.

[Seashore]

Tell that to disabled people who can't even move around easily.

All of us are going to have to take charge of ourselves, and reach out at the grassroots level to each other.

[Seashore]

I don't need to watch some stupid propaganda piece to know that the government is full of ****.

Propaganda is something that is put out by governments, not by individuals who are reaching out to the public for the common good.

[Northern Boy]

While COLA is being denied to Social Security you will be glad to know that your elected officials will still have their government pensions indexed to reflect the cost of living increase . Those in office should be the first to step up and help those that elected them not cut them off . Those on welfare or food stamps are going to be hurting soon as those programs go to the axe. It would be wise to find a book telling you what plants and things are edible and healthy so those that need it will have an option

[Seashore]

...It would be wise to find a book telling you what plants and things are edible and healthy so those that need it will have an option.

We members should be posting any ideas like this one that we can come up with... We know we have a horrible situation and we're going to have to do whatever we can to help each other.

[peaceandlove]

Social Security's Bankruptcy Accelerates, and the Way Out

Posted by Anthony Gregory on 10/15/09 2:35 PM

How do I know? Well, the government wants to issue "bonus checks" http://features.csmonitor.com/politi...a-bonus-check/ to Social Security recipients. The rationale is times are tough and people need more help. But what about the fact that there's been mild price deflation? And why should only those on the government dole get relief? Welfare expands, government salaries and payrolls increase, the taxpayer is milked more as the debt balloons. This is all unsustainable.

As for Social Security in particular, some wish to save the program by "privatizing" it -- mandating that young people invest in the market while still paying, one way or another, for retirees' benefits. This would be a disaster, and with the economic collapse, the nominally pro-market Bush Social Security plan, had it been enacted, might have discredited markets for a generation. Instead, we will see the entitlement state collapse sooner or later, and then it will be the federal government that's discredited.

I don't want to see it happen that way, however. So here's a decent transition plan: Pay for current retirees out of the general fund and end the payroll tax immediately. That's at least honest accounting. In a few decades, the program will be gone, without having to have thrown anyone out on the street, and without propping up an unconstitutional, uneconomical and grossly immoral system through a series of gimmicks that fails to restore liberty to anyone. We could also means-test benefits and offer a trade to seniors: Give up your social security checks and never have to pay federal taxes again. That would shrink the welfare state, rather than prolong it with a corporatized gloss.

Meanwhile, as there will be no cost of living adjustments, as Jesse notes (see article below), despite a real increase in the true cost of living, the answer is the same as it is for protecting all those with fixed incomes: End the Fed, or at least stop printing money, which effectively robs from the poor and those with fixed incomes to give to the state and its cronies.

SOURCE and COMMENTS: http://www.campaignforliberty.com/blog.php?view=26484



No Social Security COLA

Posted by Jesse Benton on 10/15/09 2:26 PM

It's official - there will be no Social Security COLA through 2012- and I don't mean an unsatisfying beveage to wash down your government cheese.

The cost-of-living adjustment, or COLA, is based on the consumer-price index for workers, urban wage earners and clerical workers. Seniors will not receive a cost-of-living increase for the first time since 1975.

The highly manipulated, poorly calculated and politically motivated CPI is a horrible metric to judge the real cost of living. This news means that our parents and grandparents, forced into dependency on the state run ponzy scheme, will be further squeezed as they try to pay for medicine, food, ect.

Social Security is going broke, and fast. Meanwhile, Congress and the Obama Administration continue to raid the trust fund to mask just how horrific our real deficit is. We need to come to our senses, stop treating the trust like a slush fund and let young people opt of social security before this mountain of irresponsibility crushes us for good.

Read more here: Obama Backs $250 Payment to Seniors Lacking COLA Hike http://www.bloomberg.com/apps/news?p...d=a_QqatBnU_V4

SOURCE: http://www.campaignforliberty.com/blog.php?view=26483

[peaceandlove]

Defaulted Loans May Haunt Seniors

by Ellen E. Schultz
Monday, March 8, 2010

A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.

Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social Security and disability payments.

Continues: http://finance.yahoo.com/retirement/...etire-planning

[Jonah]

Originally Posted by Humble Janitor

Tell that to disabled people who can't even move around easily.


Well, I hope the Constitutionalists on here are happy. They finally got their wish, which means more people out on the streets, more crime and more despair thanks to cuts in social programs.

I don't need to watch some stupid propaganda piece to know that the government is full of ****.

Very good points to make HJ....

Not alot of people realize how many disabled people who pay for their help through these services...

what happens when they cant pay them.... should they work for free....

Shouldnt take long to come to a head..