Sunday, October 10, 2010

CUT SOCIAL SECURITY BENEFITS - Then Give It To Illegals???

MEXIFORNIA
CREATED BY LA RAZA BARBARA BOXER AND DIANNE FEINSTEIN… working hard to expand Mex supremacy every day!
California : Boxer (D) Feinstein (D)



DO THE DEMS EVER WORK FOR ANYONE BUT THEIR BANKSTER DONORS AND ILLEGALS???

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There’s noting BOXER, FEINSTEIN, PELOSI, AND LOFGREN will not do to advance the LA RAZA DEMS’ BIT BY BIT AMNESTY AND MEX SUPREMACY!
senators who voted to give illegal aliens Social Security benefits
The following are the senators who voted to
give illegal aliens Social Security benefits.

They are grouped by home state. If a state is
not listed, there was no voting representative.

Alaska : Stevens (R)
Arizona : McCain (R)
Arkansas : Lincoln (D) Pryor (D)
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California : Boxer (D) Feinstein (D)
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Colorado : Salazar (D)
Connecticut : Dodd (D) Lieberman (D)
Delaware : Biden (D) Carper (D)
Florida : Martinez (R)
Hawaii : Akaka (D) Inouye (D)
Illinois : Durbin (D) Obama (D)
Indiana : Bayh (D) Lugar (R)
Iowa: Harkin (D)
Kansas : Brownback (R)
Louisiana: Landrieu (D)
Maryland : Mikulski (D) Sarbanes (D)
Massachusetts : Kennedy (D) Kerry (D)
Montana : Baucus (D)
Nebraska : Hagel (R)
Nevada : Reid (D)
New Jersey : Lautenberg (D) Menendez (D)
New Mexico : Bingaman (D)
New York : Clinton (D) Schumer (D)
North Dakota : Dorgan (D)
Ohio : DeWine (R) Voinovich(R)
Oregon : Wyden (D)
Pennsylvania : Specter (D)
Rhode Island : Chafee (R) Reed (D)
South Carolina : Graham (R) South Dakota : Johnson (D)
Vermont : Jeffords (I) Leahy (D)
Washington : Cantwell (D) Murray (D)
West Virginia : Rockefeller (D), by Not Voting
Wisconsin : Feingold (D) Kohl (D)

THE ENTIRE POPULATION OF THE UNITED STATES NEEDS
TO KNOW THIS INFORMATION.....

UNLESS THEY DON'T MIND SHARING THEIR SOCIAL
SECURITY WITH FOREIGN WORKERS WHO DIDN'T PAY A
DIME INTO IT.....
• it's NOT ok to contact this poster with services or other commercial interests
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AN AMERICAN SEES & SPEAKS:

We can send money to third world countries that hate us, we can reward foreign nationals who break into our country illegally by granting their children citizenship while paying the costs of prenatal care and births then continue to pay with our social services. We can give our lawmakers and government workers cost of living increases and even allow those who paid nothing to suck off our Social Security. Yet, our seniors go without after paying for this country their entire lives. If this is progress from the progressives, then give me regression.

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NO SOCIAL SECURITY BENEFITS BOOST EXPECTED FOR 2011…. But they’ll create a PATHWAY TO SOCIAL SECURITY FOR ILLEGALS JUST THE SAME!


No Social Security benefits boost expected for 2011
WASHINGTON (AP) — 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.

"If you're the ruling party, this is not the sort of thing you want to have happening two weeks before an election," said Andrew Biggs, a former deputy commissioner at the Social Security Administration and now a resident scholar at the American Enterprise Institute.

"It's not the congressional Democrats' fault, but that's the way politics works," Biggs said. "A lot of people will feel hostile about it."

The cost-of-living adjustments, or COLAs, are automatically set each year by an inflation measure that was adopted by Congress back in the 1970s. Based on inflation so far this year, the trustees who oversee Social Security project there will be no COLA for 2011.

The projection will be made official on Friday, when the Bureau of Labor Statistics releases inflation estimates for September. The timing couldn't be worse for Democrats as they approach an election in which they are in danger of losing their House majority, and possibly their Senate majority as well.

This past Friday, the same bureau delivered another painful blow to Democrats: The U.S. lost 95,000 jobs in September and unemployment remained stubbornly stuck at 9.6%.

Democrats have been working hard to make Social Security an election-year issue, running political ads and holding press conferences to accuse Republicans of plotting to privatize the national retirement program.

This week's announcement about Social Security benefits raises more immediate concerns for older Americans whose savings and home values still haven't recovered from the financial collapse: Many haven't had a raise since January 2009, and they won't be getting one until at least January 2012.

"While people aren't getting COLAs they certainly feel like they're falling further and further behind, particularly in this economy," said David Certner, AARP's legislative policy director. "People are very reliant on Social Security as a major portion of their income and, quite frankly, they have counted on the COLA over the years."

Social Security was the primary source of income for 64% of retirees who got benefits in 2008, according to the Social Security Administration. A third relied on Social Security for at least 90% of their income.

A little more than 58.7 million people receive Social Security or Supplemental Security Income. The average Social Security benefit is about $1,072 a month.

Social Security recipients got a one-time bonus payment of $250 in the spring of 2009 as part of the government's massive economic recovery package. President Barack Obama lobbied for another one last fall when it became clear seniors wouldn't get an increase in monthly benefit payments in 2010.

Congress took up the issue, but a proposal by Sen. Bernie Sanders died when 12 Democrats and independent Sen. Joe Lieberman of Connecticut joined Senate Republicans to block it. Sen. Olympia Snowe of Maine was the only Republican to support the second bonus payment.

Sanders, I-Vt., said he expects older voters to be angry when they learn there will be no increase for the second straight year.

"I do think there's going to be political fallout," Sanders said. "Many seniors who are spending a lot of money on health care and prescription drugs really are going to find it hard to believe that there has been no inflationary costs to their purchasing needs."

Federal law requires the Social Security Administration to base annual payment increases on the consumer price index for Urban Wage Earners and Clerical Workers, which measures inflation. Officials compare inflation in the third quarter of each year emdash /> the months of July, August and September emdash /> with the same months in the previous year.

If inflation increases from year to year, Social Security recipients automatically get higher payments, starting in January. If inflation is negative, the payments stay unchanged.

Social Security payments increased by 5.8% in 2009, the largest increase in 27 years, after energy prices spiked in 2008.

But energy prices quickly dropped. For example, average gasoline prices topped $4 a gallon in the summer of 2008. But by January 2009, they had fallen below $2. Today, the national average is roughly $2.70 a gallon.

As a result, Social Security recipients got an increase in 2009 that was far larger than actual inflation. However, they won't get another increase until inflation exceeds the level measured in 2008. The Social Security trustees project that will happen next year, resulting in a small increase in benefits for 2012.

Social Security spokesman Mark Lassiter said the agency has no leeway to increase payments if the inflation measurement doesn't call for it.

Rep. Earl Pomeroy, D-N.D., chairman of the Ways and Means subcommittee on Social Security, has introduced a new bill to provide $250 payments to seniors, if there is no increase in Social Security. Maybe, he said, there will be more of an appetite in Congress to pass it after lawmakers hear from voters in November.

"Costs of living are inevitably going up, regardless of what that formula says," Pomeroy said. "Seniors in particular have items such as uncovered drug costs, medical costs, utility increases, and they're on fixed incomes."
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“Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054). “


OBAMA’S PLAN TO PAY FOR HIS BANKSTERS’ LOOTING OF AMERICA – Cut Social Security!


J.P. MORGAN IS ONE OF THE BANKSTER PRESIDENT’S BIGGEST DONORS! THEY’VE MADE OUT VERY WELL WITH THEIR BOY IN THE WHITE HOUSE!

“In one session, Hans-Werner Sinn of the University of Munich declared that Americans will “just have to go down in their living standards after years in which their living standards soared in part based on foreign credit which is no longer there.” And Jacob Frenkel, chairman of JP Morgan Chase International “urged the United States to rein in entitlements as part of a ‘political deal’ that recognizes reality,” according to an Associated Press account of the conference. JP Morgan has received tens of billions in loans, debt buy-downs, and direct cash infusions from the federal government.”

Simpson’s commission, established earlier this year by an Obama executive order to rein in budget deficits, is reportedly considering several measures, including raising the retirement age, perhaps to as high as 70, and cutting benefits as well as cost-of-living increases. It is expected to announce its recommendations in December—not accidentally, one month after the November elections.

OBAMA KEEPS CORPORATE RULING CLASS HAPPY!
“The class character of the calls for “sacrifice” and “responsibility” is increasingly naked. Even as Washington prepares for drastic cuts to Social Security and all manner of social spending, Congress appears likely to extend or make permanent the Bush-era tax cuts for the extremely wealthy, which have cost the federal government trillions of dollars.”

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(as they plan to pay for banksters’ rape and pillage by cutting social security, they’re also planning to hand it to illegals! YOUR CORRUPT HISPANDERING LA RAZA DEM AT WORK)
WSWS.org … get on their free no ads emails!

US ruling class prepares attack on Social Security
8 September 2010
Prominent figures in the US ruling elite have recently made a series of statements that forewarn of massive cuts in social spending, up to and including Social Security, the bedrock federal insurance entitlement for elderly and disabled workers.
These comments reveal that, whatever the precise outcome of the midterm elections on November 7, they will set the stage for a bipartisan assault, in the name of “fiscal responsibility,” on what remains of the social reforms of the last century.
The knives are already being sharpened for a long-awaited attack on Social Security. In a rude and provocative e-mail to the president of the Older Women’s League dated August 23, former Republican Senator Alan Simpson—appointed by President Obama as co-chair of the National Commission on Fiscal Responsibility and Reform—revealed his deep hatred of both Social Security and the working people who depend upon it.
Social Security “has reached a point now where it’s like a milk cow with 310 million tits! [sic],” Simpson said. He blasted its recipients—retirees, those maimed and sickened by their work, and dependent survivors of dead workers—who, he said “milk it to the last degree.”
In an earlier outburst—in June, Simpson was caught on tape berating an independent journalist— he revealed the ruthless logic behind the ruling class drive for cuts: Workers, whom Simpson dubbed “the lesser people,” live too long. When Social Security was created “they never dreamed that the life expectancy would go from 57 years of age to 78 or 75 or whatever,” Simpson said. “Who would dream that? No one. They just died.”
Simpson’s commission, established earlier this year by an Obama executive order to rein in budget deficits, is reportedly considering several measures, including raising the retirement age, perhaps to as high as 70, and cutting benefits as well as cost-of-living increases. It is expected to announce its recommendations in December—not accidentally, one month after the November elections.
There is unanimity in the ruling class in favor of the attack on Social Security. Co-chairing the Fiscal Responsibility commission is Erskine Bowles, formerly a White House chief of staff to Bill Clinton, and another long-time advocate of Social Security “reform.” And signaling the trade union bureaucracy’s active collaboration, Andy Stern, former president of the Service Employees International Union (SEIU), also sits on the commission.
“I agree with many Commissioners who have said that all entitlement programs should be on the table,” Stern has declared. “We should include as part of our agenda ideas for strengthening the private parts of the retirement security system, reviewing both the adequacy and the solvency of the Social Security system, and the possibility of universal add-on retirement accounts.”
Deepening the fiscal attack on the working class in the US, Europe and internationally was also the primary topic for discussion at the Ambrosetti Forum held last week on the shores of Italy’s elite Lake Como. Attended by political figures such as Spain’s José María Aznar, Italy’s Prime Minister Silvio Berlusconi, Henry Kissinger from the US and Israeli President Shimon Peres, as well as numerous European Union functionaries, top bankers, businessmen and academicians, the forum provides a sounding board for policies that few politicians would dare identify themselves with in public.
In one session, Hans-Werner Sinn of the University of Munich declared that Americans will “just have to go down in their living standards after years in which their living standards soared in part based on foreign credit which is no longer there.” And Jacob Frenkel, chairman of JP Morgan Chase International “urged the United States to rein in entitlements as part of a ‘political deal’ that recognizes reality,” according to an Associated Press account of the conference. JP Morgan has received tens of billions in loans, debt buy-downs, and direct cash infusions from the federal government.
The attack on entitlements and social spending is the second phase in a broad offensive against the living conditions of the entire working class, following quickly on the heels of the unprecedented attack on jobs and wages spearheaded by the Obama administration’s forced reorganization of the auto industry.
Workers are being conditioned to accept what is referred to as “the new normal” typified by low wages and benefits and the total absence of any form of social protection. Or, in the blunter words of Fiat head Sergio Marchionne, US workers must accept a “culture of poverty,” abandoning what he contemptuously referred to as a “culture of entitlement.”
The class character of the calls for “sacrifice” and “responsibility” is increasingly naked. Even as Washington prepares for drastic cuts to Social Security and all manner of social spending, Congress appears likely to extend or make permanent the Bush-era tax cuts for the extremely wealthy, which have cost the federal government trillions of dollars.
Peter Orszag, until July 30 Obama’s director of the Office of Management and the Budget, in a Tuesday column for the New York Times called for a two-year extension of the Bush-era tax cuts for the richest income earners. In the very same article, Orszag called for Social Security “reform,” a 5 percent cut to discretionary social spending, a 6 percent value added sales tax, and higher taxes on “middle-class and lower-class families,” which he called “troubling” but “unavoidable.”
The sharp move toward austerity and the attack being prepared on Social Security stand as a testament to the bankruptcy of American democracy. The upcoming election and the official debate that surrounds it—including Obama’s latest in a series of purely symbolic jobs proposals—only aim to disorient the population.
The basic thrust of US policy has already been determined. The ruling class is determined to shift the full burden of the financial and economic crisis onto the working class. In this context, the widely anticipated gains for Republicans in the election are already being presented as evidence that the demand for attacks on social spending originate in the population itself.
This is a lie. In fact, the objective interests of the great majority of the population—suffering through the worst social crisis in generations—demand a massive jobs program, free universal health care, secure retirement, improved quality and access to education and culture, and other social rights necessary for life in modern mass society.
The trajectory set by the ruling financial aristocracy is in precisely the opposite direction. The attack on living conditions will continue and deepen until the working class mobilizes its independent political strength to bring it to a halt.
Tom Eley
WSWS.org … get on their free no ads emails!

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