Tag Archives: Social Security

Hope and Change?

Seniors would see smaller Social Security checks under Obama budget The budget plan, being released Wednesday, calls for changing the way the annual cost of living adjustments for Social Security and other federal programs are calculated. Shifting to “chained CPI” … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt

With Spanish 10Y yields hovering at a ‘relatively’ healthy 5%, having been driven inexorably lower on the promise of ECB assistance at some time in the future, the market has become increasingly unsure of just who it is that keeps … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

How Does the Healthcare Ruling Impact Social Security?

How does the Supreme Court ruling impact Social Security? I do not mean Medicare or Medicaid but the status of Social Security. The Nation is touted this victory and gives their assessment: Instead, the most obvious example of a politically … Continue reading

Posted in Editorial, Elections, Financial, Health Care | Tagged , , | Leave a comment

Understanding The 2012 Trustees Report

On April 23, the Trustees of the Social Security Trust Fund released a “troubling” report,  “Projected Trust Fund Exhaustion Three Years Sooner Than Last Year“.  This report is the fifth disappointing report in a row.  The media has picked-up the … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

DC Is Making Social Security Bigger

The trend in Social Security reform should be a concern of every American.  The trend is to make the system bigger, with a wider revenue base by pushing the cost of the system from the covered worker to the general … Continue reading

Posted in Editorial, Financial | Tagged , | Leave a comment

If You Were Wondering If You Would Ever Collect Social Security

The Social Security Trust Fund is quickly becoming insolvent based on a shrinking work force and Obama’s employee reduced contribution into this fund. What does this mean? Under current law, once the trust fund is gone, Social Security could only … Continue reading

Posted in Editorial | Tagged , | Leave a comment

Social Security Retirees Hijacked by Disabilities

The following story was first published on the Huffington Post and then on MSNBC by the same writer. Social Security benefits are being used up much quicker than anticipated but not by retirees. Now that unemployment benefits are expiring, people are … Continue reading

Posted in Editorial | Tagged , , | Leave a comment

Fixing/Saving/Reforming Social Security

Part of fixing the economy must involve dealing realistically with Social Security.  Many on both sides of the political aisle want to make it more complicated than it really is. Though today Social Security is paying out more than it … Continue reading

Posted in Editorial, Financial | Tagged , , , | 3 Comments

Trimming the Entitlement Beasts

Because of our enormous entitlement program costs, we could easily become the nation of Greece if today, the hard and painful truth isn’t told to us, and the solutions required to save us from going bankrupt as a nation are not implemented to correct our broken system. Continue reading

Posted in Editorial, Financial | Tagged | Leave a comment