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Fri Nov 30, 2012, 07:44 PM

Absolutely Love Bernie Sanders

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Response to geefloyd46 (Original post)

Fri Nov 30, 2012, 08:04 PM

1. Senator Sanders wants us to help him fight a Chained CPI proposal for Social Security

http://www.aflcio.org/Blog/Political-Action-Legislation/Social-Security-COLA-at-Risk-with-Chained-CPI-Proposals

Today's announcement that Social Security recipients will receive a modest increase (1.7%) in their cost-of-living adjustment (COLA) was a small but welcome boost for seniors who are seeing prices increase on necessities, from health care to food. However, even this modest increase could be jeopardized if proposals floating around in Washington to "tweak" the current COLA formula by tying it to the so-called "chained CPI" are passed.

Senior advocates and retirement experts say the current formula, the CPI-W, is already inadequate. Higher health care costs and expenses seniors face are not accurately addressed in the CPI-W.

The Alliance for Retired Americans Executive Director Edward Coyle says:

The current formula, used for today’s announcement, already badly understates the inflation experienced by seniors and disabled Americans, who make up the majority of Social Security beneficiaries. However, the change some in Congress want would exacerbate this flaw in a way that is particularly damaging for women who, because of their greater life expectancy, receive benefits over a longer period of time.

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Response to patrice (Reply #1)

Fri Nov 30, 2012, 08:28 PM

2. Health care, food, gasoline, prescription drugs, basic household items, etc.

ALL are commodities that ONE person (or household) can only
consume so much of,
and that's that. I would put basic shelter
on the list as well, noting that the word "basic" means shelter that
is adequate & safe for human habitation. Again, when "shelter" is
defined that way, it can go on this list as well. Despite the "housing
bubble" bursting, the average cost of rental housing keeps climbing
as well.

These have ALL gone UP UP UP ... way more than 1.7% over the past
several years (most of which time, there were NO cost of living
increases in Soc. Security)..

This is just plain and simple math my friends. and it all adds up to
that the middle and lower classes have already "sacrificed" to the
point of being self-destructive and toxic to their own well-being. The
only way for "shared sacrifice" to happen, is for the top 2-3% of our
wealthiest citizens FINALLY do their fair share, period.

the middle and lower income people have already sacrificed quite enough,
thank you very much.

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Response to 99th_Monkey (Reply #2)

Fri Nov 30, 2012, 08:49 PM

3. We must begin to consider how we're going to respond to this kind of stuff & it has to be

something that almost everyone will be okay about doing, because it is the numbers of persons who take a stand that matters. I don't know how a General Strike would work, that is, how would we do it, but if Congress continues to attack us, we MUST do something big like a General Strike, because all of it will only get worse if we don't.

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Response to geefloyd46 (Original post)

Fri Nov 30, 2012, 08:50 PM

4. K and R nt. thanks for posting..Bernie tells it as it is...

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Response to geefloyd46 (Original post)

Fri Nov 30, 2012, 11:50 PM

5. Goldman Sachs received 278 million refund in 2008 back from IRS....

I guess we are suppose to lower our expectations about receiving our social security benefits we payed for cuz.... the banks want to use all that money for their next risk taking schemes... This is A class war...

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Response to geefloyd46 (Original post)

Sat Dec 1, 2012, 03:12 AM

6. WHY ARE THERE NOT 20,000 K&R'S FOR THIS???!!! This was a brilliant speech!

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Response to geefloyd46 (Original post)

Sat Dec 1, 2012, 04:02 AM

7. K&R

Bernie ALWAYS has something important to say when he stands and delivers a speech.

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Response to geefloyd46 (Original post)

Sat Dec 1, 2012, 05:48 AM

8. K & Effing R

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Response to geefloyd46 (Original post)

Fri Dec 7, 2012, 03:36 PM

9. Shared on FB

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