No COLA for You
I do believe in spooks!
I do believe in spooks!
I do! I do! I do!
--Wizard of Oz (1939)
Drinkin' rum and Coca-Cola
Go down Point Koomahnah
Both mother and daughter
Workin' for the Yankee dollar
--Rum and Coca Cola, Andrews Sisters
War is so unjust and ugly that all who wage it
must try to stifle the voice of conscience within themselves
--Leo Tolstoy
_______________
I do believe in spooks!
I do! I do! I do!
--Wizard of Oz (1939)
Drinkin' rum and Coca-Cola
Go down Point Koomahnah
Both mother and daughter
Workin' for the Yankee dollar
--Rum and Coca Cola, Andrews Sisters
War is so unjust and ugly that all who wage it
must try to stifle the voice of conscience within themselves
--Leo Tolstoy
_______________
Ranger has been receiving notices from Social Services, Department of Veterans Affairs and the Department of Defense explaining there will be no Cost of Living Adjustments (COLA) for 2010, and possibly 2011. The official line is, There is no inflation according to the Consumer Price Index (CPI), so -- voila! -- no COLA.
Why aren't we getting COLA? If we can siphon off hundreds of billions of dollars for a phony war in Afghanistan, surely we must have enough to help our own citizens?
This doesn't seem correct since everything is costing more. How can things cost more if there is no inflation? The undeniable fact is, the tab at the grocer's rises weekly, as does the cost of fuel, and taxes and other sundry official fees. The states, many of which are cutting public services precipitously in order to stay afloat, have been rapidly increasing all types of taxes.
The inflation forecast according to the Federal Planning Bureau, which updates it's data the first Tuesday of each month (so these are today's figures): "Based on the monthly inflation forecasts, average consumer price inflation should be 1.6% in 2010, compared to -0.05% in 2009 and 4.49% in 2008. The average growth rate of the so-called "health price index", used for the price indexation of wages, social benefits and house-rent, should be 1.2% in 2010, compared to 0.59% in 2009 and 4.22% in 2008."
So, if the inflation forecast for 2010 is 1.6% (revised upward from last month's figure), why are we not receiving lawfully-mandated COLA increases? 1.6% is not ZED.
There is money for wars and health care reform, but NADA for COLA. This amounts to thievery and deceit, as it imposes a hidden tax upon a sizable portion of our society. Yet nobody even whimpers. Why is Glenn Beck not blubbering Walrus tears over this outrage?
Are we so used to being officially screwed that we are happy when the tiniest bit of lubricant is used? The lubricant is the lie that there will be no inflation in 2010. We all know that we are spending more to get less of the items that are essential to maintain our lives.
1.6% rate of inflation means $127.50 is being clipped from my entitlements, and therefore, stolen from my accounts each month. Multiply this across the board and we are talking serious money. And Bernie Madoff sits in jail. What did he do that government is not doing to all of us?
We working folks are so used to being trick fucked that we do not even bother to complain anymore. We're just happy when it's only the head that gets stuck in our asses.
Labels: COLA, cost of living increase, inflation
6 Comments:
wrong attitude once again Ranger.... find your adjustment here ┼┼º
GD,
Thank you for your reduction (better than any of Martha Stewart's.)
They, the Congress (BOTH "REPUBLICAN AND DEMOCRATS TOGETHER") say no increase is warranted because of the losses in gross national product and other cute things...NOW SPORTS FANS, THIS IS THE ONE THAT WILL FLIP YOU OUT!! THE SOCIAL SECURITY ADMINISTRATION IS FUNDING TWENTY FOUR MILLION DOLLARS-- LET ME REPEAT THAT AMOUNT... SO YOU UNDERSTAND IT $ 24,000,000.00 DOLLARS FOR NEW ELECTRONIC MEDICAL RECORDS PROCESSING FOR OUR CONGRESSMEN AND SENATORS !! THEY ARE OBTAINING THESE FUNDS and I QUOTE DIRECTLY FROM THE SOCIAL SECURITY WEBSITE... "THIS MONEY WILL BE COMING FROM THE SAVINGS TO BE GENERATED FROM WITHHOLDING "COST OF LIVING INCREASES FOR 2010 & 2011 in SOCIAL SECURITY BENEFITS FOR THE ELDERLY AND A $2.00 INCREASE ON ALL MEDICARE RX BENEFIT CO-PAY"
anon7 jan.
It's all insanity and one must wonder when the citizenry will have had enuf.
jim
Congress's upgrading of their medical program at the expense of Medicare recipient's COLA for 1010 and 2011 is obscene! I thought the Gray Panther contingent was vocal.
Where's the outcry?
"We all know that we are spending more to get less of the items that are essential to maintain our lives."
Oddly enough I think essentials like housing, fuel and food are usually left out of inflation calculations. I think they started doing that back in the Reagan years. I could be wrong though. Either way yeah we're getting screwed. That's what happens when you aren't a millionaire.
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