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Old 04-11-2013, 01:04 PM
 
470 posts, read 378,281 times
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Senator Elizabeth Warren (D-Mass.) made it clear Wednesday in an email to supporters that not only would she oppose President Barack Obama's plan to cut Social Security benefits through a cost-of-living adjustment known as chained CPI, but that she was "shocked to hear" it was included in the White House's budget proposal at all.

Warren said her brother David lives on the $13,200 per year he receives in Social Security benefits. "I can almost guarantee that you know someone -- a family member, friend, or neighbor -- who counts on Social Security checks to get by," she wrote.


Elizabeth Warren has a net worth of 14 million dollars but can't help her brother out-----Typical Liberal Phony!


Eat The Press

 
Old 04-11-2013, 01:11 PM
 
Location: Maryland
6,205 posts, read 4,747,324 times
Reputation: 7145
Can't their tribe pitch in to help out?
 
Old 04-11-2013, 01:15 PM
 
69,360 posts, read 56,586,093 times
Reputation: 9370
What is it with all of these rich people moaning and groaning about how you cant succeed in america and thus we need to create more government programs to keep people poor?
 
Old 04-11-2013, 01:18 PM
 
8,560 posts, read 5,570,116 times
Reputation: 1172
Quote:
Originally Posted by the mask View Post
Senator Elizabeth Warren (D-Mass.) made it clear Wednesday in an email to supporters that not only would she oppose President Barack Obama's plan to cut Social Security benefits through a cost-of-living adjustment known as chained CPI, but that she was "shocked to hear" it was included in the White House's budget proposal at all.

Warren said her brother David lives on the $13,200 per year he receives in Social Security benefits. "I can almost guarantee that you know someone -- a family member, friend, or neighbor -- who counts on Social Security checks to get by," she wrote.


Elizabeth Warren has a net worth of 14 million dollars but can't help her brother out-----Typical Liberal Phony!


Eat The Press
So how do we know that she doesn't help him??? How do we know whether or not her brother refuses help? She didn't say her family doesn't help him. $13,200 is a very small amount to live on and yet could certainly be the foundation of his income.
 
Old 04-11-2013, 01:19 PM
 
6,137 posts, read 4,242,238 times
Reputation: 1513
Ha. Yeah, she won't, so all of us little people should.

How progressive.
 
Old 04-11-2013, 01:23 PM
 
Location: NC
1,672 posts, read 1,557,823 times
Reputation: 523
Just like how I think many conservatives are wrong in wanting to dump SSN, I also find most liberals to be wrong in not wanting to make minor and common sense changes to it (why not adjust future increases to inflation? why not extend the retiring age to match life spans? why not secure the trust fund better from government dipping?)
 
Old 04-11-2013, 01:23 PM
 
Location: Long Island, NY
19,714 posts, read 11,880,972 times
Reputation: 5615
The real point is that Senator Elizabeth Warren is right in opposing changing the CPI formula for Social Security. SSA does not contribute to the deficit and seniors have a different consumption basket from the young, one that includes more medical expenses, and probably face true inflation that’s higher, not lower, than the official measure.

So, changing the chained CPI means a real cut to seniors.
 
Old 04-11-2013, 01:23 PM
 
69,360 posts, read 56,586,093 times
Reputation: 9370
Quote:
Originally Posted by FancyFeast5000 View Post
So how do we know that she doesn't help him??? How do we know whether or not her brother refuses help? She didn't say her family doesn't help him. $13,200 is a very small amount to live on and yet could certainly be the foundation of his income.
Legally, if he was getting income from Elizabeth Warren, he would have to claim it, and thus reduce his payouts from the government.
 
Old 04-11-2013, 01:26 PM
 
Location: Long Island, NY
19,714 posts, read 11,880,972 times
Reputation: 5615
Quote:
Originally Posted by Maabus1999 View Post
Just like how I think many conservatives are wrong in wanting to dump SSN, I also find most liberals to be wrong in not wanting to make minor and common sense changes to it (why not adjust future increases to inflation? why not extend the retiring age to match life spans? why not secure the trust fund better from government dipping?)
Why not extend the retiring age to match life spans? This is why:
Quote:
Oh, and they’re talking about raising the retirement age, because people live longer — except that the people who really depend on Social Security, those in the bottom half of the distribution, aren’t living much longer. So you’re going to tell janitors to work until they’re 70 because lawyers are living longer than ever.
link
Also, whether the Trust Fund is segregated or part of the Treasury makes no difference. If they have a segregated account or it's part of the Treasury, these are still obligations.
 
Old 04-11-2013, 01:31 PM
 
Location: San Diego
37,313 posts, read 33,529,801 times
Reputation: 21633
Quote:
Originally Posted by MTAtech View Post
Why not extend the retiring age to match life spans? This is why:
I'm not surprised since the bottom of the scale have more of a tendency to shorten their own lives by bad habits?

Won't Obamacare go a long way to reverse that?
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