You can fool nearly all the people…

Take back our country from corrupt government and crony capitalism

Tag Archive for ‘benefits’

There’s little love in Paris this Springtime, as French President uses executive power to crush labor rights

Best of times for very rich; worst for the working class! France’s President Francois Hollande has learned many lessons on how to offer false promises from America’s President Barack Obama, who campaigned in 2008 with the following plans: convince the working class you stand for better wages and stronger unions say you will reduce  job competition by ending reckless import of foreign labor suggest you will renegotiate current income-lowering trade […]

Continue Reading →

Will politicians steal Social Security’s $2.7 trillion?

Social Security is not in “trouble”, except that it has vast wealth in reserves, and politicians want to steal this treasure trove (designed only to insure future Social Security benefits), and use it for something else. That something would probably be tax cuts for the rich by the GOP, or more redistribution downward from the middle class to the poor by the Democrats. When I combine Treasury Note rates, Cost […]

Continue Reading →

Chinese women retire 17 years earlier than us, but moronic scolds want to hike pension age even higher

Rep. Kevin Brady (R-TX), House Ways and Means Committee Chairman, pontificated about plans to cut Social Security on Thursday, last week, at the Urban-Brookings Institution Tax Policy Center, Washington, DC.  Brady wants to cut Social Security by not only raising the retirement age to 70, but also imposing means testing to cut benefits. He advocated “creating a true cost-of-living for seniors,” meaning using the chained-CPI cost-of-living adjustment formula to further […]

Continue Reading →

British want to fight inequality – it’s worse here!

British Labor Party leader Jeremy Corbin is starting a campaign against inequality that should be emulated by all (five, ten?) American politicians not controlled by big business. “One proposal is pay ratios between top and bottom, so that the rewards don’t just accrue to those at the top,” he said. “Of the G7 nations only the US has greater income inequality than the UK, and pay inequality on this scale […]

Continue Reading →

Does Heritage Foundation want Communist plan for Social Security? GOP candidates should denounce!

The Heritage Foundation is the think tank for so-called conservative Republicans, who offer flat tax plans, skeleton government goals and the destruction of Social Security as we know it today. The current Social Security program is regressive, and pays a lower percentage in retirement pension, the more you contribute. A retiree, who has paid in the maximum amount (on wages less than about $118,000 in current dollars), will contribute three […]

Continue Reading →

Tax credit cuts will make Britains work much harder – like Chinese or Americans – British Health Secretary tells the poor

British Health Secretary Jeremy Hunt thinks the British don’t work hard enough because they have too generous tax credits – a benefit similar to the U.S. Earned Income Tax Credit (EITC). Hunt seemed like a money-grubbing rich person when he explained: “My wife is Chinese. We want this to be one of the most successful countries in the world in 20, 30, 40 years’ time. There’s a pretty difficult question […]

Continue Reading →

Social Security numbers for famous and average Americans are easily available on public ancestry software program

The Social Security Administration has complained it doesn’t have the software or manpower to flag all the Social Security numbers of deceased workers. However, some argue that a legal number must follow a certain pattern for the state in which it was issued, and all numbers need to agree to national numbering standards. Would such safeguards protect us from partial identity theft from deceased workers? That sounded like double talk […]

Continue Reading →

If we extend Social Security benefits to the richest, we can stop fiscal hawks’ insane crusade to raise the retirement age to 70

Under the current Social Security rules, anything we do that creates a higher percentage of low paid workers than currently, results in a larger deficit for the entire government pension system and hastens the day when less money is paid into FICA taxes than is paid out in benefits. The reason: Social Security has been “adjusted” many times by politicians to become an extremely regressive program. As a result, the […]

Continue Reading →