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Tag Archive for ‘Retirement’

Fracker’s friend frets that you might retire and get your Social Security, instead of working to death

When Libertarian Gary Johnson proclaimed that Americans should not get their Social Security until age 72, he was actually condemning many to death before receiving any of their “earned benefits.” That’s because the average life expectancy of a Black male in the U.S. is 68 years, meaning death four years before Gary would grant retirement security. While the average life expectancy for men in general is 76.9 years, men in […]

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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 […]

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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 […]

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Cut Medicare and Social Security Club is back again – this time pointing its daggers at Donald Trump

The Committee for a Responsible Budget (CFRB) is at it again in their quest to cut Social Security and Medicare. Cloaked behind a lace curtain of “bipartisan” concern, the committee includes impotent deficit hawks, sharks and other carnivores of ill repute. Of course, at the top of the list is Pete Peterson, a very, very old creature and to his fellow seniors, certainly very, very cold and calculating. This Wall […]

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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 […]

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Medicare age hike to 68 is Heritage GOP plan

With the exceptions of Mike Huckabee and Donald Trump, all of the Republican candidates for President want to change Medicare so that it costs you much more, but guarantees profits for campaign-funding insurance companies. The details are in the Heritage Foundation plan to replace Medicare with a “premium support” plan in which you buy Medicare on the open market and the government reimburses you, based on the lowest price from […]

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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 […]

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“Fair Tax” by GOP would be fairy tale windfall for the rich

Leave it to the greedy politicians and their wealthy puppet masters to come up with yet another “reform” that will benefit the upper class at the expense of the other 99%. This time it’s called the “Fair Tax”, and it’s made of fairy dust for the entitled. Every GOP candidate for President appears to have been told this is the official goal for the year. It’s now a mainstay for […]

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