Showing posts with label destruction of the American working class. Show all posts
Showing posts with label destruction of the American working class. Show all posts

Monday, March 13, 2023

Biden attempts to comfort citizens over U.S. financial collapse

Title: Biden Urges Confidence in US Banks After Collapse

Article Snip: "...President Joe Biden on Monday assured Americans that the nation’s financial systems are sound, following the swift and stunning collapse of two banks that prompted fears of a broader upheaval. “Americans can have confidence that the banking system is safe..."

Reference: www.newsmax.com
U.S. financial collapse,Biden Legacy,Run on Banks,Biden Economy 2023,


Thursday, January 23, 2020

Trump on Entitlement Cuts: “At some point they will be” on his agenda

Title: Trump suggests he may be open to entitlement cuts in future

Article Snip: "... Asked if entitlement cuts would ever be on his agenda, Trump responded, “At some point they will be.” As a candidate for the White House, Trump stood apart from much of the GOP primary field as he vowed to oppose cuts to Social Security and Medicare..."

Reference: abcnews.go.com
social security, Medicare, destruction of the American working class, Raping the Middle Class, Cuts to Social Security,

Friday, February 23, 2018

FERS hit list: The usual suspects plus a new twist…

Title: FERS hit list: The usual suspects plus a new twist…

Article Snip: "...If Congress approves, current and future employees under Federal Employees Retirement System (FERS) would get smaller starting annuities when they retire and those pensions would lose all the protection they now enjoy from inflation. Cost-of-living adjustments (COLAs) would be eliminated for FERS retirees and reduced for..."

Reference: federalnewsradio.com

Tuesday, January 9, 2018

After Huge Corporate Tax Cuts, GOP to Attack Medicare, Social Security

Title: After Tax Cuts, GOP Leaders Turn Buzz Saw to Medicare, Social Security

Article Snip: "...Top officials in the Republican Party have suggested in recent days that they will pursue major entitlement reform following the likely passage of massive tax cuts in the near future. Those officials, House Speaker Paul Ryan (R-WI) and Sen. Marco Rubio (R-FL)..."

Reference: www.thedailybeast.com
Destruction of Retirees, destruction of the American working class, Corporate Greed, Marco Rubio, Paul Ryan,

Tuesday, October 18, 2016

2017 Social Security COLA to be nearly wiped out by out-of-control Medicare Part B premiums

Title: Social Security Recipients Will Get Less than a $4 Increase next Year

Article Snip: "...The average monthly Social Security payment is $1,238. That translates into a monthly increase of less than $4 a month. More bad news for seniors: Medicare Part B premiums, which are usually deducted from Social Security payments, are expected to increase next year to the point in which they will probably wipe out the entire COLA..."

Reference: fortune.com
COLA (2017), Social Security, average monthly Social Security payment is $1,238 (as reported in 2016 article), Obama Legacy, Medicare Part B premiums, destruction of the American working class,

Sunday, September 25, 2011

Are Federal Employees next?

Issa's 'Postal Destruction' Bill Passes House Subcommittee

Title: Postal Bill Would Authorize Layoffs, Force Out Senior Employees First

Article Snip: "...employees who are eligible for retirement must be laid off before employees who are ineligible, and dictates that retirement-eligible employees with the longest service must be separated first. The new language also forbids the payment of severance pay to retirement-eligible employees. ..."

Reference: www.apwu.org
destruction of the American working class, Attacks on Federal Workers, Layoffs, retirement, Rep. Issa,