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Showing Original Post only (View all)Don't Be Fooled: Utter Bull@#$& re: Chained CPI [View all]
There's actually a post on DU suggesting that The Banker White House's chained CPI garbage will not apply to the "bottom 20% of seniors". And a number of responses say that yes, that's true.
It's actually total bullshit.
The The Banker White House's proposal calls for a bit of relief if poor retirees make it through years of being austeritied. There's a good article on this at Kos, but this chart cuts to the chase:
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Frankly, I have no idea of why this 20% exempt nonsense was posted, or why anyone responded that it was true. I hope it's as innocent as just failing to check out things they've been told.
But be warned: The Banker White House has been spewing lies about Social Security for years now, saying that Social Security needs to be adjusted because it wasn't originally intended for retirees, that it will probably not be able to pay full benefits in 25 years, and other crap. The crap will continue nonstop, through direct and indirect routes, until The Predator Class has gotten what it's paying Obama and the rest of our government for: the $3 Trillion (and growing) Social Security Trust Fund.
Do not acquiesce to the lies.
Do not let your guard down.
This is a war against the 99%, and it will be a war each and every day until the 1% have absolutely every last morsel, or until we get up off of our asses and take back America. Those are the only two possible outcomes.