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Old 06-08-2009, 11:17 AM   #1
peaceandlove
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Default Big Big Cuts in Medicare, Medicaid and Social Security Coming

Big Cuts in Medicare and Medicaid Coming

Catherine and News & Commentary, June 5, 2009 at 11:06 pm

Quote:
As discussed in last night’s Solari Report, the top story of the week is the abrogation of the social contract in America. Bernanke alluded to it in his testimony this week, saying:

“The fundamental question that Congress, the administration and the American people face is how large a share of the nation’s economic resources to devote to federal programs, including entitlement programs.”

Translation: “Now that we have covertly and overtly shifted all the money out of the government and pension funds into our pockets, it’s time to slowly kill any real funding to medicare, medicaid and social security.”

The beauty is that hyperinflation can be offset by the deflation resulting from reduction in the value of labor and the demand destruction resulting from falling incomes in the general population. This is how the slow burn works. Slow Burn or Crash December 10, 2008 http://solari.com/blog/?p=1896

Executive Intelligence Review covered this week’s press conference on health care reform,
Quote:
Obama Administration Calls for Slashes to Medicare and Medicaid To Balance the Budget! http://www.larouchepub.com/pr/2009/090602admin_cut_care$.html
the real deal having never made it to such places as the Wall Street Journal. The WSJ was too busy bemoaning Congressional expenses on the front page, including such outrages as the purchase of a video camera and Sony TVs by Congressional representatives. There was no mention of the Fed and Treasury not being able to account for trillions lent to bankers or trillions missing from the US government.

Congressional representatives can bet if they sign up to co-sponsor Ron Paul’s bill to demand transparency at the Fed, there is a good chance they will suddenly have to survive an expense scandal.

Astonishingly, Rasmussen reports that 65% of Democrats approve of the job that President Obama is doing. Looks like the globalists are getting their money’s worth and more.

I finally had a chance to watch Alex Jone’s/Infowar new video, “The Obama Deception.” It is good background to understand why we have refused to maintain proper books and records for the US government finances and we have an infinite amount of money to bail out banks and no money to meet legal obligations to citizens.

Continue reading ‘Big Cuts in Medicare and Medicaid Coming’ (Includes link to Obama Deception): http://solari.com/blog/?p=3122
Kudos to you Catherine!

Last edited by Samarkis; 03-10-2010 at 03:52 PM. Reason: Author of thread requested title change
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Old 06-08-2009, 12:20 PM   #2
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Default Re: Big Cuts in Medicare and Medicaid Coming

Quote:
(Includes link to Obama Deception)http://solari.com/blog/?p=3122
Thank you. I've started watching this...
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Old 06-08-2009, 05:33 PM   #3
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Default Re: Big Cuts in Medicare and Medicaid Coming

This is just the beginning soon all social programs will cease to exist welfare and social assistance will be eliminated next This will happen everywhere not just America.
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Old 06-08-2009, 05:43 PM   #4
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Default Re: Big Cuts in Medicare and Medicaid Coming

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This is just the beginning soon all social programs will cease to exist welfare and social assistance will be eliminated next This will happen everywhere not just America.
Yeah and we need to be prepared to take care of ourselves...
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Old 06-09-2009, 01:34 AM   #5
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Angry Re: Big Cuts in Medicare and Medicaid Coming

*******
***
*


Myself, a recipient of Social Security, having paid into this program some 46-Years from my honest labors, some years with earnings beyond the maximum subject to the FICA Tax, Have THIS news to report:

Just received a notice today that there will be NO COLA increase in 2010 for Social Security.
(COLA = Cost Of Living Adjustment).

This is the FIRST TIME EVER that the Social Security will NOT be adjusted for the rising Cost Of Living.


The "Downhill Slide" is getting underway now. With the MONEY becoming worthless at the same time, whatever savings, IRAs, 401k, Stock Funds, or investments: We The People are being Crushed.

Next stop Destitution, followed by Oblivion.

I don't see ANY lifelines or Life-Boats out there while this ship sinks.


*
***

*******

Last edited by J_rod7; 06-09-2009 at 01:54 AM.
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Old 06-09-2009, 01:41 AM   #6
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Default Re: Big Cuts in Medicare and Medicaid Coming

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I don't see ANY lifelines or Life-Boats out there while this ship sinks.
Think barter.
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Old 06-09-2009, 06:44 AM   #7
Humble Janitor
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Default Re: Big Cuts in Medicare and Medicaid Coming

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Originally Posted by seashore View Post
Yeah and we need to be prepared to take care of ourselves...
Tell that to disabled people who can't even move around easily.


Well, I hope the Constitutionalists on here are happy. They finally got their wish, which means more people out on the streets, more crime and more despair thanks to cuts in social programs.

I don't need to watch some stupid propaganda piece to know that the government is full of ****.
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Old 06-09-2009, 08:31 AM   #8
Seashore
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Tell that to disabled people who can't even move around easily.
All of us are going to have to take charge of ourselves, and reach out at the grassroots level to each other.
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Old 06-09-2009, 11:16 AM   #9
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Default Re: Big Cuts in Medicare and Medicaid Coming

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I don't need to watch some stupid propaganda piece to know that the government is full of ****.
Propaganda is something that is put out by governments, not by individuals who are reaching out to the public for the common good.
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Old 06-09-2009, 05:59 PM   #10
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Default Re: Big Cuts in Medicare and Medicaid Coming

While COLA is being denied to Social Security you will be glad to know that your elected officials will still have their government pensions indexed to reflect the cost of living increase . Those in office should be the first to step up and help those that elected them not cut them off . Those on welfare or food stamps are going to be hurting soon as those programs go to the axe. It would be wise to find a book telling you what plants and things are edible and healthy so those that need it will have an option
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Old 06-09-2009, 06:08 PM   #11
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Default Re: Big Cuts in Medicare and Medicaid Coming

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...It would be wise to find a book telling you what plants and things are edible and healthy so those that need it will have an option.
We members should be posting any ideas like this one that we can come up with... We know we have a horrible situation and we're going to have to do whatever we can to help each other.
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Old 10-16-2009, 06:13 PM   #12
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Default Re: Big Cuts in Medicare and Medicaid Coming

Social Security's Bankruptcy Accelerates, and the Way Out

Posted by Anthony Gregory on 10/15/09 2:35 PM

Quote:
How do I know? Well, the government wants to issue "bonus checks" http://features.csmonitor.com/politi...a-bonus-check/ to Social Security recipients. The rationale is times are tough and people need more help. But what about the fact that there's been mild price deflation? And why should only those on the government dole get relief? Welfare expands, government salaries and payrolls increase, the taxpayer is milked more as the debt balloons. This is all unsustainable.

As for Social Security in particular, some wish to save the program by "privatizing" it -- mandating that young people invest in the market while still paying, one way or another, for retirees' benefits. This would be a disaster, and with the economic collapse, the nominally pro-market Bush Social Security plan, had it been enacted, might have discredited markets for a generation. Instead, we will see the entitlement state collapse sooner or later, and then it will be the federal government that's discredited.

I don't want to see it happen that way, however. So here's a decent transition plan: Pay for current retirees out of the general fund and end the payroll tax immediately. That's at least honest accounting. In a few decades, the program will be gone, without having to have thrown anyone out on the street, and without propping up an unconstitutional, uneconomical and grossly immoral system through a series of gimmicks that fails to restore liberty to anyone. We could also means-test benefits and offer a trade to seniors: Give up your social security checks and never have to pay federal taxes again. That would shrink the welfare state, rather than prolong it with a corporatized gloss.

Meanwhile, as there will be no cost of living adjustments, as Jesse notes (see article below), despite a real increase in the true cost of living, the answer is the same as it is for protecting all those with fixed incomes: End the Fed, or at least stop printing money, which effectively robs from the poor and those with fixed incomes to give to the state and its cronies.
SOURCE and COMMENTS: http://www.campaignforliberty.com/blog.php?view=26484



No Social Security COLA

Posted by Jesse Benton on 10/15/09 2:26 PM

It's official - there will be no Social Security COLA through 2012- and I don't mean an unsatisfying beveage to wash down your government cheese.

Quote:
The cost-of-living adjustment, or COLA, is based on the consumer-price index for workers, urban wage earners and clerical workers. Seniors will not receive a cost-of-living increase for the first time since 1975.
The highly manipulated, poorly calculated and politically motivated CPI is a horrible metric to judge the real cost of living. This news means that our parents and grandparents, forced into dependency on the state run ponzy scheme, will be further squeezed as they try to pay for medicine, food, ect.

Social Security is going broke, and fast. Meanwhile, Congress and the Obama Administration continue to raid the trust fund to mask just how horrific our real deficit is. We need to come to our senses, stop treating the trust like a slush fund and let young people opt of social security before this mountain of irresponsibility crushes us for good.

Read more here: Obama Backs $250 Payment to Seniors Lacking COLA Hike http://www.bloomberg.com/apps/news?p...d=a_QqatBnU_V4

SOURCE: http://www.campaignforliberty.com/blog.php?view=26483
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Old 03-09-2010, 05:29 PM   #13
peaceandlove
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Default Re: Big Cuts in Medicare and Medicaid Coming

Defaulted Loans May Haunt Seniors

by Ellen E. Schultz
Monday, March 8, 2010

A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old.

Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social Security and disability payments.

Continues: http://finance.yahoo.com/retirement/...etire-planning
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Old 03-09-2010, 06:01 PM   #14
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Default Re: Big Cuts in Medicare and Medicaid Coming

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Originally Posted by Humble Janitor View Post
Tell that to disabled people who can't even move around easily.


Well, I hope the Constitutionalists on here are happy. They finally got their wish, which means more people out on the streets, more crime and more despair thanks to cuts in social programs.

I don't need to watch some stupid propaganda piece to know that the government is full of ****.
Very good points to make HJ....

Not alot of people realize how many disabled people who pay for their help through these services...

what happens when they cant pay them.... should they work for free....

Shouldnt take long to come to a head..
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