Browsing All Posts filed under »Social Security«

Obama’s Biggest Lies

October 13, 2010

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Obama loves to make up things that are patently untrue, like every economist agrees his $800 billion economic stimulus “has done its job,” the economy “is moving in the right direction,” and the Bush tax cuts caused the trillion dollar deficits. The facts say otherwise, but he is never challenged by the news media for […]

No cost of living raise for Social Security

October 11, 2010

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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 […]

New Lame Duck Threat to Bailout Union Pensions seize private 401(k) accounts

October 11, 2010

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Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more “fairly” distribute taxpayer-funded pensions to everyone. Sen. Tom Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous “Guaranteed […]

Opinion: President Obama Plans to Cut Social Security Next – CNBC

September 2, 2010

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President Obama is playing “Watch the Birdie” with Americans over the age of 50, diverting their attention with handouts and scare tactics to hide in plain sight the enormous damage his policies are doing to the retirement safety net. via Opinion: President Obama Plans to Cut Social Security Next – CNBC.

Fixing Social Security – Article – National Review Online

August 18, 2010

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There is no doubt that Social Security desperately needs reform. Social Security is already running a temporary deficit, and that deficit will turn permanent in just five years. In theory, the Social Security Trust Fund will pay benefits until 2037. That’s not much comfort to today’s 35-year-olds, who will face a 27 percent cut in […]