Their employers did not pay the company share (6.2%) for FICA (Social Security) or Medicare tax (1.45%). Their bosses didn't even withhold income taxes...
Those April showers have drowned the media this year with reports of a petulant, prosthetic protuberant princess, also know as "What's Her Name" or "Smarmy Scandals." Meanwhile, back in Congress, 233 members - 54% of that angst body - voted to destroy the Social Security system by not allowing the use of its $2.9 trillion … Continue reading Congress votes to destroy Social Security, 233-184
Retired NYC sanitation worker makes $285K a year from pension That New York Post headline made many folks angry. Do garbage collectors get pensions worth more than they deserve? Are evil unions behind this? Or dopey Dems? Or a PC still running only DOS? To illustrate their point, the newspaper published a photo, sort of … Continue reading N Y Post can’t stand fact that worker earned a big pension while pub’s boss is worth $15,700,000,000
Ayn Rand's novel, Atlas Shrugged, begins with a simple question: Who is John Galt? The answer comes in the last third of that 1957 book, where Galt emerges as the champion of capitalism and defender of Rand's Objectivism philosophy, which has opposed: Child and Adult Care Food Program Federal Housing Assistance Food Stamps Head Start … Continue reading Ryan thinks he is John Galt – defender of the rich, enemy of the poor, not a denizen of the swamp?
When the right and left political wings agree, you can bet middle-class Americans are in trouble. And if you are talking about Social Security, a new bipartisan plan spells major cuts in benefits, as the establishment is set to privatize our public retirement system after the mid-term elections next year. About $2.8 trillion (2,800,000,000) has … Continue reading Center for American Progress and CATO both want to invest our Social Security funds in stock market
Remember the promise of a tax cut primarily for the middle class? For many Americans that will be a lie, and retired seniors will be hit the hardest, despite the attempted sleight of hand numbers game that "gives" you about double the standard deduction, but doesn't mention the loss of personal exemptions. Even worse, the … Continue reading Some seniors will pay a 296% tax increase under “Deep State” deal with media and politicians
The Food and Drug Administration (FDA) last year had 4,036 generic drug applications waiting for approval. In October 2012, there was a backlog of 2,868 drugs. It now takes a median 47 months to approve a generic drug by the FDA - nearly four years. What does this mean to the healthcare consumer? First, it … Continue reading Americans suffer while drug companies make a fortune because FDA isn’t timely approving generics
http://www.youtube.com/watch?v=rkb87T3Z940 71-year-old man shoots robbers at internet cafe in Florida Last week, it became more dangerous to be old or disabled. That's because the Barack Obama brain trust ordained a rule that will force the Social Security Administration (SSA) to share records with the Department of Justice (DOJ) to look for so-called disabled or impaired … Continue reading Sick seniors or the disabled may not be allowed to buy guns for self defense under new Obama rule