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Author Topic: Barack Hussein Obama screws retirees; DU in pretzel mode  (Read 1507 times)

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Offline BannedFromDU

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Barack Hussein Obama screws retirees; DU in pretzel mode
« on: May 04, 2009, 12:47:37 PM »
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Stinky The Clown  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 02:12 PM
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Isn't this great news!!! Hey, Retirees, **** you! Hahahahaha. We hope you starve to death.
   
At the very time it is clear that retirees, especially baby boomers, including those who have done all the right things all their lives with respect to savings, find their nest eggs reduced to broken shells, the government decides to tighten their support - no social security increases for you, chumps.

You thought we'd stand by you?

Hahahahahaha

Fools

Hoping for single payer national health care???

BWWWWAAAAAAHAHAHAHAHA

They HATE your sorry asses. No soup for you, mother****er.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/0...


But it's Bush*"s fault!!!


Gee, whoda thunk it. Social security had a COLA every year until now. The flatness of the CPI, which should be a good thing to DUmbasses, is causing no COLA advance. Barry Hussein, tightwad that he is, can't even make up a reason to increase benefits.

Seniors: if you don't have enough money for groceries, please contact President Barack Hussein Obama, who is killing you.
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Offline jukin

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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #1 on: May 04, 2009, 03:12:06 PM »
When I see old people driving a car with an Obama sticker I LOL.  These dumbasses have voted to put a man in control that will ration (make that not provide) the expensive medical services old people need to live.

First they stopped the medical care for seniors but since I was not a senior I said nothing....
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Offline BlueStateSaint

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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #2 on: May 04, 2009, 05:21:09 PM »
I actually had an encounter with a retiree yesterday, in the checkout line at the supermarket 300 yards from my apartment.  Thing is, from the onset, the retiree had nothing but mirth for the Obamessiah.  I said to him, "Hey--I didn't vote for him, either--I voted for McCain."  Said retiree said a few words about people who didn't earn money, now going out and getting tax dollars, and then said retiree said something that some (moonbats) would consider sedition (or treason):  "We oughta bring all our boys back home, and have them put an end to this crap.  Make the country like it used to be.  Take back the government."  I told him that some people might not like that kind of talk, but I liked his thinking--but not the means to the end.

So, I was kinda hoping for a DUmb**** encounter, and what I got was a realization that age really does bring wisdom.
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Offline ScubaGuy

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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #3 on: May 04, 2009, 05:42:08 PM »
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mnhtnbb  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 11:37 AM
Response to Reply #21
26. Bushco redefined CPI for their own purposes--one of which we are now seeing.   Updated at 2:07 PM
   
Screw seniors, but gimme' my tax break on my millions of dollars cuz I'm a producer!

Yep it's all Boooosh's fault.

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Jim Lane  Donating Member  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 01:26 PM
Response to Reply #26
48. Do you have a citation for the Bushco change?
   
I thought that the CPI adjustment formula currently in use predated the Bush administration.

Of course, no formula is perfect. The formula is based on one hypothetical "market basket" of goods, but retirees differ in their actual expenditure patterns. If an outbreak of mad cow disease causes the price of beef to shoot up, that will be reflected in the CPI and the vegetarians will get a windfall. Nevertheless, using one CPI for everybody seems like a necessary simplification.

Rut roh!

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mnhtnbb  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 02:06 PM
Response to Reply #48
54. There are several formulas, with components weighted differently   Updated at 2:07 PM
   

The C-CPI-U was introduced during the second Bush Administration as an alternate CPI measure. Unlike the theoretical approximation of geometric weighting to a variable, substitution-prone market basket, the C-CPI-U is a direct measure of the substitution effect. The difference in reporting is that August 2006 year-to-year inflation rates for the CPI-U and the C-CPI-U were 3.8% and 3.4%, respectively. Hence current inflation still has a 0.4% notch to be taken out of it through methodological manipulation. The C-CPI-U would not have been introduced unless there were plans to replace the current series, eventually.



And also different measures are used for different adjustments:

There now are three major CPI measures published by the BLS, CPI for All Urban Consumers (CPI-U), CPI for Urban Wage Earners and Clerical Workers (CPI-W) and the Chained CPI-U (C-CPI-U). The CPI-U is the popularly followed inflation measure reported in the financial media. It was introduced in 1978 as a more-broadly-based version of the then existing CPI, which was renamed CPI-W. The CPI-W is used in calculating Social Security benefits.


Above from this citation:

http://www.shadowstats.com/article/consumer_price_index
   

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Jim Lane  Donating Member  (1000+ posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 06:11 PM
Response to Reply #54
60. Then your link disproves your charge.
   
You write, "The C-CPI-U was introduced during the second Bush Administration as an alternate CPI measure." But Bushco's introduction of a new measure wouldn't affect any retiree's benefits unless the new measure were employed for Social Security COLA purposes. According to your link, however, the older measure, the CPI-W, was in existence as of 1978, and it's the CPI-W that's used in calculating Social Security benefits.

The news story doesn't say that any change in Social Security rules has been implemented or is even contemplated. It simply reports a projection that inflation (presumably as measured by the old CPI-W) will be zero, so that the COLA will be zero.

Ouch! That ain't going to work.  Who was POTUS in 1978?

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Offline ScubaGuy

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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #4 on: May 04, 2009, 05:45:39 PM »
In a related thread:

Other SS thread

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Warpy  Donating Member  (1000+ posts)  Journal  Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Sun May-03-09 03:40 PM
Response to Original message
4. That's the fascist party for you
   
It was too popular to kill outright, so they're slowly starving it to death by not keeping up with inflation, just like they did to wages.

The trouble is that they're also starving people to death at the same time.

Shame on all of them. May they find themselves living on those benefits they cut for their next hundred lifetimes.

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EnoughOfThis  (5 posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 03:34 PM
Response to Reply #4
119. Fascist Party??
   
We are in charge now. !!!!

 :lmao: :rotf:
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25 years ago we had Ronald Reagan, Johnny Cash and Bob Hope.  Now we have Obama, no hope and no cash.

Offline USA4ME

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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #5 on: May 04, 2009, 07:29:11 PM »
I'll believe they care when they start using the same vile rhetoric against Dear Leader that they used against Bush.  Until then, it's just more faux outrage.

.
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Re: Barack Hussein Obama screws retirees; DU in pretzel mode
« Reply #6 on: May 05, 2009, 09:11:04 AM »
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EnoughOfThis  (5 posts) Click to send private message to this author  Click to view this author's profile  Click to add this author to your buddy list  Click to add this author to your Ignore list      Mon May-04-09 03:34 PM
Response to Reply #4
119. Fascist Party??
   
We are in charge now. !!!!

This little one is not long for Skin's Paradise.

He/she/it makes TOO much sense, and thinks too clearly....
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