Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Friday, October 11, 2013

A Pissed America

I know my article might not get too many views, but I really need to get this off my chest.

America is pissed and will likely do nothing about it. That's not to say some will want to make changes, but for the most part, the people are an empathetic and forgiving lot.

If the people are truly pissed that Congress has held the public hostage, then they would remember come election time and vote out those that refused to pass a "clean Bill" to end the shutdown and a "clean Bill" to raise the debt ceiling. It seems today that every bill has attachments clinging to them that help only those constituents of the proposing members of Congress.

Cuts to Social Security, Medicare, education, especially Head Start, defunding the Affordable Care Act that has already been made law, non-creation of jobs, cuts to the military and so on and so on. All of these and more to be held hostage and over the President's head is what a small but lethal group of politicians are doing. They say they have our best interest at heart, but yet Americans are pissed.

According to a "Public Policy Poll" and paid for by MoveOn.org, Republicans could be in trouble.

Polling in the districts, conducted by the liberal-leaning Public Policy Polling and paid for by MoveOn.org, follows similar polling that found voters hostile to lawmakers supporting the shutdown.
Democrats need a net increase of 17 seats to retake control of the lower chamber, and the prior polling found 17 Republicans trailing generic Democratic opponents before voters were told they had supported the shutdown. After they were told -- which a Democratic challenger would waste no time doing while campaigning -- another four Republicans fell behind.
In the latest survey, based on a dozen Republicans, five trail Democrats and another is tied. Once voters were told the Republican supported the shutdown, another three fell behind the Democrat.
Of the 36 Republican-controlled districts where voters were surveyed by PPP, 29 of them could flip -- more than enough to give control of the chamber to Democrats.

But will America really remember in 2014 or are the Republicans counting on America to be malaise about the recent past of 2013. After all, aren't we a forgiving nation? Did we learn our lesson in 2007? I think not! We should stand up and elect the person with the least "deep" pockets, and elect business people that will run our country like a business and not by a bunch of spoiled, entitled brats.






Wednesday, April 4, 2012

Romney Accuses Obama of hiding Agenda


WASHINGTON—Mitt Romney, fresh off of three momentum-building wins in the race for the Republican presidential nomination, accused President Barack Obama on Wednesday of "rhetorical excess" and of muddling his second-term agenda in order to win re-election.
"He wants us to reelect him so we can find out what he will actually do," Mr. Romney told a gathering of newspaper reporters and editors at a Washington hotel. "With all the challenges the nation faces, this is not the time for President Obama's hide-and-seek campaign."
The former Massachusetts governor leveled his latest charges at the president from the stage where Mr. Obama slammed the GOP front-runner a day earlier for supporting a Republican budget blueprint that he called a "radical vision" and "thinly veiled social Darwinism."
The back-and-forth comes as the president and Mr. Romney engage more directly ahead of an expected match-up in the general election, and amid signs that Mr. Romney has opened a nearly insurmountable lead in the GOP contest. Mr. Romney was addressing the Newspaper Association of America the day after his sweep of Maryland, Wisconsin and the District of Columbia.
Mr. Romney draw new battle lines with the president by expanding on earlier criticism of Mr. Obama that came after the president was heard on a live microphone asking his Russian counterpart for more time and flexibility to negotiate a nuclear-arms treaty between the two countries.
"He is intent on hiding," Mr. Romney, seeking to extend the significance of the president's remark to areas beyond foreign policy. "You and I will have to do the seeking."
While Mr. Obama remains personally popular, Mr. Romney is seeking to raising doubts about the president's character. Such doubts have been less prominent in the primary campaign, with candidates instead unleashing repeated broadsides against unpopular policy measures, including the economic recovery package and the new health-care law.
Mr. Romney accused the president of shifting positions to curry favor with voters ahead of the election, saying that "Candidate Obama" has "experienced a series of election-year conversions." As evidence, he cited Mr. Obama's recent calls to lower corporate tax rates, reduce regulations and develop more domestic oil, coal and natural gas.
The Obama campaign quickly turned the obfuscation charge back on Mr. Romney.
"From completely rewriting his record of more debt, more spending, fewer jobs and bigger government in Massachusetts to misleading on the President's record of promoting economic security for the middle class, there was very little in Mitt Romney's speech today that bore any resemblance to reality," said Lis Smith, an Obama campaign spokeswoman.
Mr. Romney also blasted the president for, in his words, mischaracterizing the House-passed Republican budget, which seeks deep cuts in agency spending and proposes a revamp of Medicare for future retirees.
"President Obama came here yesterday and railed against arguments no one is making, and criticized policies no one is proposing," he said. "It's one of his favorite strategies—setting up straw men to distract from his record."
The president and Mr. Romney are both painting the race as a contest between two starkly different visions for the country. Mr. Obama criticizes Republicans for offering what are, in his view, draconian cuts to social safety nets while protecting tax cuts for the wealthy. Republicans, in turn, criticize the president for failing to bolster employment while piling debt on an already fragile economy.
"The November election will have particular consequence," Mr. Romney said Wednesday. "It will be a defining event."
He used the rest of his speech to deliver familiar criticism of the president's stimulus plan, the new health-care law and his attacks on over-regulation.
Mr. Romney largely steered clear of his remaining rivals for the Republican presidential nomination. His only mention of the primary came in response to a question from the moderator of the event about whether he had asked any of his GOP opponents to exit the race.
"I hope that we're able to resolve our nomination process as soon as possible, of course, because I'd like to focus our time and attention on those key battleground states and raising the funds to be somewhat competitive with the president and his billion-dollar quest," Mr. Romney said. "We have a real challenging road ahead of us, but I believe we will rise to the occasion."
Mr. Romney also offered a pointed critique of the news business for trading speed and frivolity for substance and responsibility.
"In 2008, the coverage was about what I said in my speech," Mr. Romney said, referring to his initial White House bid. "These days, it's about what brand of jeans I am wearing and what I ate for lunch."
He added, "I find myself missing the presence of editors to exercise quality control. I miss the days of two or more sources for a story."
Write to Patrick O'Connor at patrick.oconnor@wsj.com

Thursday, January 26, 2012

‘Stop-Newt’ Republicans Confront Base Unwilling to Take Orders


Jan. 26 (Bloomberg) -- Two days after Newt Gingrich defeated Mitt Romney in the South Carolina presidential primary one of Romney’s big-name backers offered a grim prediction for his fellow Republicans.
“The possibility of Newt Gingrich being our nominee against Barack Obama I think is essentially handing the election over to Obama,” former Minnesota Governor Tim Pawlenty told reporters on a Jan. 23 conference call. “I think that’s shared by a lot of folks in the Republican Party.”
Pawlenty’s comments echoed those being uttered publicly and behind the scenes by elected Republicans, party activists, fundraisers and pundits, who represent a portion of the party establishment -- a “stop-Newt” caucus -- populated largely by people who have known the former U.S. House speaker for decades.
The question is: Can they?
For two decades, the Republican Party has seen an erosion of its traditional, top-down hierarchy, a decline aided by Gingrich himself in 1990 when he led a House revolt against a budget agreement negotiated by President George H.W. Bush that raised taxes. The rise of the anti-tax Tea Party wing in 2009 splintered the internal levers of power further, making it even harder to impose a choice on the rank-and file.
“There really is no Republican establishment left that can control anything,” said Matthew Dowd, a onetime aide to President George W. Bush and now a Bloomberg Television contributor. “Some try to act like they are in charge, but the fraternity is now running the campus.”
South Carolina Dynamics
Those dynamics were on display in South Carolina. Romney, a former Massachusetts governor, lost by 12 percentage points even after campaigning throughout the state with Governor Nikki Haley and just a day after receiving the endorsement of Virginia Governor Bob McDonnell, the chairman of the Republican Governors Association. Haley, who rose to power with Tea Party backing, didn’t deliver either her state or its grassroots activists.
Meanwhile, Gingrich’s campaign gained momentum after Sarah Palin, the former Alaska governor who also has support from the Tea Party faction, said she’d vote for Gingrich in South Carolina if only to extend the length of the primary.
Similar signs of an insurgence came to light in the 2010 midterm elections, when Nevada voters tapped Sharron Angle -- a Tea Party-endorsed politician opposed by many of the state’s prominent Republicans -- to challenge Senate Majority Leader Harry Reid. And Delaware Republicans chose Christine O’Donnell over former governor and nine-term U.S. House Representative Mike Castle to seek an open Senate seat. Both Angle and O’Donnell lost.
‘Voters in Charge’
“The voters are now in charge, and Republican leaders need to come to terms with that,” Dowd said. “The media needs to drop the myth that there is a Republican establishment capable of orchestrating anything more than a one-float GOP parade.”
Romney’s campaign, backed by well-known party strategists and fundraisers, has kept up a steady rollout of endorsement announcements from Republican elected leaders that demonstrate his broad support among the insiders. As of Jan. 20, he had the nods of five governors, 14 senators and 59 U.S. House members. That compares with two governors and a dozen congressmen who have endorsed Gingrich, according to Democracy in Action, a political web site that tracks endorsements.
‘Terrified About Newt’
“There are a lot of major players in the Republican Party who are terrified about Newt,” said Gary Gerstle, a specialist on social and political movements a Vanderbilt University in Nashville, Tennessee. “At a more conventional moment in American politics, the establishment would count for a lot more, but this is not a conventional moment. There are now big segments of the Republican Party that will not bow down to the establishment.”
Gingrich -- who served 20 years in Congress, four of them as speaker, and then began a lucrative career in Washington consulting on federal policy -- has been working to turn party leaders’ angst about his candidacy to his advantage, portraying himself as a candidate feared by the ruling class.
In a Jan. 24 message to supporters, he wrote, “The establishment is right to be worried about a Gingrich nomination because a Gingrich nomination means that we’re going to change things.”
The Romney-Gingrich face-off is bringing the simmering power struggle between the Republican grassroots and the party establishment to the fore, said Richard Viguerie, a veteran Republican direct-mail strategist and the chairman of ConservativeHQ.com.
Internal Power Struggle
“There is a war going on here between the grassroots and the establishment,” said Viguerie, who is backing former Pennsylvania Senator Rick Santorum. “People in the grassroots see the Republican establishment as part of the problem, not part of the solution, and Gingrich has the ability to go over the heads of the Republican leaders.”
At the root of the concern about Gingrich is whether he will be able to appeal to the broader U.S. electorate. Polls indicate that he has high unfavorability ratings and wouldn’t fare well in a head-to-head matchup against Obama. A January Gallup study found that all national political figures are viewed negatively. Still, “Americans have become more intensely negative in their evaluations of Newt Gingrich -- who now has the lowest score overall,” the study concluded.
Independent Voter Turn-off
Gingrich’s branding of Obama as a “food stamp president,” for example, may not play well with independent voters, whom a Republican nominee would have to win over to have a chance of ousting the president.
Some prominent Republicans say there’s not yet enough of a consensus that Gingrich is unelectable to give rise to a concerted effort among party operatives to thwart his ascent.
“I haven’t seen that there’s an all-hands-on-deck movement to try to block any candidate -- Newt or anyone else,” said Frank Donatelli, the chairman of GOPAC, a training organization for state and local Republican candidates once headed by Gingrich, and a former top party official.
The last time there was such an effort was in 1996, he added, after Pat Buchanan won the New Hampshire primary and prominent Republicans quickly coalesced around Bob Dole, who ultimately claimed the nomination.
“I haven’t heard that kind of alarm emanating about Newt,” Donatelli said.
Former Pennsylvania Congressman Bob Walker, a senior adviser to Gingrich’s campaign, said each time Romney rolls out a new endorsement or dispatches a one-time colleague to criticize Gingrich’s record, it bolsters the former speaker’s argument to voters that he’s their ally against a party machine that doesn’t care about them.
“It took them a little bit of time to realize that Newt Gingrich is capable of beating Obama, but now, I don’t think that they’re going to listen to party bosses anymore,” Walker said. “Newt is basically channeling the people’s anger.”
--Editors: Jeanne Cummings, Mark McQuillan.
To contact the reporter on this story: Julie Hirschfeld Davis in Washington at jdavis159@bloomberg.net
To contact the editor responsible for this story: Jeanne Cummings at jcummings21@bloomberg.net

Tuesday, December 20, 2011

House Republicans push for new payroll tax cut talks


A reprint:

WASHINGTON (Reuters) - The Republican-led House of Representatives will set the stage on Tuesday for a showdown with Senate Democrats over a payroll tax cut extension that is becoming a proxy for 2012 election year battles.
The tax legislation has become the latest in a string of battles in Congress this year, all of which have contributed to widespread public discontent with Washington politicians.
When the House votes on Tuesday it will in effect be rejecting a bill that passed the Senate overwhelmingly on Saturday and calling for formal negotiations with the Democratic-led Senate.
The Senate bill would set a two-month extension of the payroll tax cut with the aim of crafting a full-year tax cut extension early next year.
The House move will cast doubt on the future of the popular payroll tax cut, which is caught up in a high-stakes game of brinkmanship between the two political parties that some say could backfire.
Washington gridlock is fueling an anti-incumbent mood among voters heading into next year's elections.
"Our members do not want to just punt and do a two-month short-term fix where we have to come back and do this again," House Speaker John Boehner said late on Monday after a closed meeting with fellow Republicans.
Senate Majority Leader Harry Reid shot back that the House should allow an up-or-down vote on the two-month stop-gap plan. "I am happy to continue negotiations on a yearlong deal as soon as the House of Representatives passes the Senate's bipartisan compromise, and prevents a tax hike from hitting middle-class families," Reid said.
Several Republican lawmakers publicly agreed with Reid.
The bipartisan two-month deal crafted by the Senate came after efforts at a full-year tax cut failed.
At stake is much more than politicians' reputations and their 2012 re-election chances. If Democrats and Republicans cannot agree on extending the tax cut that expires on December 31, 160 million Americans will begin 2012 with less money - about $1,000 a year for the average worker - in their paychecks.
That, economists fear, could dampen, or even end what little economic growth there is as the United States struggles to right itself after the deepest recession in decades and severe debt problems in Europe that could infect America.
Not only would workers' taxes go up in a couple weeks if the two sides cannot find a quick compromise. About 2.2 million people who have suffered long-term unemployment will see benefit checks cut off by the middle of February. And doctors treating elderly Medicare patients also will see their reimbursements cut.
Once the House on Tuesday requests a new round of negotiations, as expected, the next steps are unclear.
"We are not coming back, we are not appointing negotiators until they pass the Senate compromise," Reid's spokesman Adam Jentleson insisted.
President Barack Obama already has delayed a Hawaii vacation. White House Press Secretary Jay Carney on Monday said, "The president has made clear that he wants Congress to get this done, that he is here now and will be here as Congress tries to sort this out." But Carney did not make clear how Obama might bring the two sides together, or whether he will even try.
(Editing by Christopher Wilson)

Thursday, December 15, 2011

As the Deadline Approaches...

Congress is at it again. Another deadline is at it's critical point to keep the government funded and congress wants to hurry up and get it passed so they can go on yet another break. The problem is the territorial wars are back at it with Republicans controlling the House and Democrats controlling the Senate and White House, and this time it may just come down to a compromise. 


Republicans introduced a $915 billion spending bill in the House on Thursday trying to force the Democrats to pass the legislation that would keep the U.S. Government funded beyond this weekend when the "Holiday" break is set to occur.


And again it comes down to another deadline for the bill to be passed as the government shutdown would be in just two days. The temporary funding measure set to expire on Friday would, if not renewed or revised, shut down major services run by the departments of defense, education, health and labor.


But both Republicans and Democrats are arguing over how to extend an expiring payroll tax cut that would affect 160 million Americans and each side is attempting to use the bill as a bargaining chip. Included in the bill are funds that would provide crucial government functions such as patrolling the U.S. borders, but has little chance of passing unless the Democratic-controlled Senate can agree that the bill is complete. But at the White House request, the Senate Democrats are attempting to force the Republican "hands" to agree on payroll tax cuts and unemployment benefits even if it means delaying their "vacation".


In other "news":


The House voted 283-136 for the $662 billion measure Wednesday night, a rare bipartisan vote the reflected the strong support for annual legislation that authorizes money for the men and women of the military as well as weapons systems and the millions of jobs they generate in lawmakers' districts.

The Senate was expected to clear the bill Thursday and send it to President Barack Obama.

The House vote came just hours after the administration abandoned a veto threat over provisions dealing with the handling of terrorism suspects.

Applying pressure on House and Senate negotiators working on the bill last week, Obama and senior members of his national security team, including Defense Secretary Leon Panetta and Secretary of State Hillary Rodham Clinton, had sought modifications in the detainee provisions.

Negotiators announced the changes late Monday, clearing the way for White House acceptance.

In a statement, press secretary Jay Carney said the new bill "does not challenge the president's ability to collect intelligence, incapacitate dangerous terrorists and protect the American people."

Specifically, the bill would require that the military take custody of a suspect deemed to be a member of al-Qaida or its affiliates who is involved in plotting or committing attacks on the United States. There is an exemption for U.S. citizens.

Monday, November 14, 2011

November 23rd Deadline


Once again Senior Citizens and the military are coming under attack by Congressional members as the Super Committee wrangles with the fast closing deadline of November 23rd to make policy recommendations to their fellow members of  $1.2 trillion dollars in budget reductions. And once again it is becoming apparent that the wealthiest Americans are still off limits.


It baffles the minds of those of the middle and lower classes  as to why they are always the target of budget cuts and program reductions. Why is the military always thrown out as the bait to get us to understand the difficult decisions that lie before the policy makers? One must admit that while the middle and lower classes are the reason these politicians are in office, they are the one’s ignored. Remember, the middle and lower classes make up a majority of the voters, who by all counts, feel these members of congress are looking out for them and that’s why they vote they way they do. It is also important to realize that the military is doing all the dirty work and keeping us safe so we can continue to elect these misfits. But if the mainstream American is voting on emotion only without really looking closely at the policies of those running for reelection, I guess we shouldn’t complain when our taxes are increased and our entitlements are reduced.


Why doesn’t it anger the American people when a deadline, as important as this one, is once again ignored and congress can take a week off. Obviously they feel they can reach a consensus in ten short days and Americans should not worry. They are, after all, looking out for our best interest because they owe us for their elected position and everyone knows it’s the American people they care most about and not the “fat-cats” of Wall Street or the special interest groups or the richest of us all. No, they are only concerned with us mediocre and common citizens. Yeah, right. And oh by the way, they had better hurry so they aren’t late for their annual Thanksgiving break as well.


And, one more thing, no matter what happens in this vote or when these members of congress come up for reelection, one thing is certain, even if they are not reelected they still will have the healthcare insurance and retirement pension to count on. 

Saturday, November 12, 2011

Myths and Truths About Social Security


Exploding 5 misconceptions that threaten the system



Reprint from AARP Bulletin of 11/1/11: by: Jane Bryant Quinn 

It happened during the stock boom of the 1990s, and it is happening again. Social Security is coming under attack. The first challenge arose from hope — that savers would get more retirement income for their money if they bought stocks. But the idea of privatization was not popular with the public.
See also: Social Security recipients welcome 3.6 percent COLA.

Now, the attack comes from fear ­ ­ — that Social Security has serious financial problems and can only fail. Younger people lean more toward change than older people do. A CNN/Opinion Research Corp. poll conducted a year ago found that 60 percent of adults who aren't retired expect to get nothing — zero — from Social Security in their older age.

Myth No. 1: Social Security is going bankrupt. No, it's not. Even in the unlikely event that nothing changes and the program's entire surplus runs out in 2036, as projected, checks would keep coming. Payroll taxes at current rates would cover 77 percent of all the future benefits promised. That's true for young and old alike, and includes inflation adjustments.

Myth No. 2: I'd be better off if I'd kept my Social Security taxes in my own investment account. Hmmm ­ ­ — you're saying that you'd faithfully put that money aside, every year of your working life, in a mix of stocks and bonds, without ever skipping a year, drawing on your nest egg or selling when the market dropped? Few such paragons exist.

You'd need to invest far more than you probably realize to match the benefits Social Security pays. As an example, take a 65-year-old couple with a single breadwinner who earned the average wage. At retirement, they'd currently get about $2,170 a month, plus inflation adjustments, for life, the Urban Institute reports.

To equal that sum in private savings, they'd need to have about $580,000, says Michael Kitces, director of research for Pinnacle Advisory Group, and the money might last only 30 years. How many average earners are likely to save that much?
Myth No. 3: In 1983, Congress made changes to Social Security to build a fund that would pay for boomers when they retire, so it's not fair to change benefits now. No, Congress did not intend to "advance fund" the boomers, according to a study of the record by Charles Blahous of Stanford University's Hoover Institution. It raised taxes and cut some future benefits to cure an imminent insolvency. The trust fund reserves — now $2.6 trillion — were a by-product of the decisions made. Congress never veered from its vision of intergenerational compact: Working people pay for those who don't, or can't, work anymore. On the flip side, the compact requires older people to make some concessions so that younger people can afford it.

Myth No. 4: You should get out of Social Security the amount you put in. No. Social Security is not an individual investment program (see Myth  No. 2). Your taxes paid for the earlier generation of retirees. Current workers are paying for you. The total amount of your benefit depends on how much you earned, whether you get a spousal benefit, when you retire and how long you live.

Myth No. 5: Social Security helps old people, not younger people like me. Wrong. It provides income support to qualified widows and widowers with young children, as well as orphans. Just as important, it saves young families from the cost of supporting older parents who, without Social Security, wouldn't have enough money to live on. It also provides benefits for workers who become disabled.

My final point … and it isn't a myth, it's a fact. If young people switched their payroll taxes into private accounts, the government would have to borrow $6.5 trillion or more (depending on the details) to keep paying out benefits to current retirees.

That means higher deficits, higher income taxes, further slashes in spending, or all three. It's smarter — and cheaper — to fix the current program and put everyone's mind at rest.