Senators Lugar and Coates, Get on the Stick

As President Obama said, "We Can't Wait."

It's time for you two to do what's right for the country and quit stalling.

Pitiful.

A Stronger Voice

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Good News for Seniors

According to news from the Centers for Medicare & Medicaid Services today, beneficiaries over 65 who have been paying $96.40 a month in Medicare Part B premiums, will see their premiums rise next year to $99.90. This is significantly less than the increase predicted by CMS for 2012.  New Medicare enrollees who have been paying $115.40 a month will actually see their premiums go down. The Part B deductible decreases as well, by $22, and premiums for Medicare's Part D prescription benefit will remain unchanged for 2012. 


Today’s Medicare announcement follows news last week that seniors will receive a 3.6% Cost of Living Adjustment (COLA) in their 2012 Social Security checks.  That means the average retiree will receive a nearly $40 per month increase in their Social Security checks even including the Part B premium increase.

Source: The National Committee to Preserve Social Security and Medicare

Third World America

Four Reasons to Occupy Wall Street

The 99% Seek a Just Economy, Not Just an Economy

Republicans jammed together a mess of old, failed and vague schemes and called it a jobs bill. Sen. John McCain conceded the reason for the rehash:  “Part of it is in response to the president saying we don’t have a proposal.”

They still don’t.  This despite the fact that they promised voters during their campaign to take control of the U.S. House one year ago that they’d create jobs. That they’d focus on jobs. That nothing was more important to them than jobs.

Now, what they’ve offered instead of actual jobs is a polyglot of GOP talking points. It’s certainly no vision to move the country forward. It’s a plot to set the country back – to repeal the health care law that will soon help provide coverage for the nearly 50 million Americans without insurance, to rescind the Wall Street reform law designed to prevent another financial sector-caused meltdown, and to thwart regulations, like those that stopped distribution of listeria-infected cantaloupe that killed 25.

GOP Sen. Rob Portman of Ohio called the Republican polyglot a “pro-growth proposal to create the environment for jobs.” It is, in fact, a pro-business proposal to permit corporations to destroy the environment for humans.

It is another GOP ploy to appease, accommodate and absolve corporations. It is another GOP ruse to firmly establish in America an economy designed for, dedicated to and directed by corporations rather than a just economy controlled by and beneficial to the 99 percent.

Republicans offered up their “Jobs Through Growth Act” mishmash after the GOP minority in the Senate wielded the filibuster again to block a vote on President Obama’s $447 billion American Jobs Act, a measure that even Republican economists determined would create 1.9 million jobs and reduce the nation’s aching 9.1 percent unemployment by as much as 1 percent.

The Republican measure, by contrast, could hurt the economy, according to Gus Faucher, director of macroeconomics at Moody’s Analytics, an independent firm whose chief economist advised the McCain presidential campaign. Here is what Faucher said:

“Should we look at regulations and make sure they make sense from a cost benefit standpoint? Certainly. Should we reduce the budget deficit over the long run? Certainly.  But in the short term, demand is weak, businesses aren’t hiring, and consumers aren’t spending. That’s the cause of the current weakness, and Republican Senate proposals aren’t going to address that in the short term. In fact, they could be harmful in the short run if the focus is on cutting spending.”

Of all the Republican proposals, the most insidious, the most dangerous, the absolutely most outrageous is their demand to roll back Wall Street reform, to repeal the Dodd-Frank Act that was passed in an attempt to prevent recurrence of the 2008 financial collapse that destroyed the U.S. economy and caused the highest levels of foreclosures, unemployment and misery among the 99 percent since the Great Depression.

Go back, the Republicans are saying. Go back to 2007 when Wall Street financiers sold worthless mortgage-backed securities to unsuspecting investors, contending with a straight face that these were assets. Go back to 2008 when these firms made hundreds of millions betting those securities would fail. Go back to 2009 when the banksters, bailed out by taxpayers, awarded billions in bonuses to the executives who’d gotten the firms and the U.S. economy into so much trouble. Go back to early 2010, the Republicans are saying, before Obama signed the Dodd-Frank reform act, and allow Wall Street to do it all over again. Reprise unfettered, irresponsible Wall Street, the Republicans demand.

For Republicans, it’s all about enforcing freedom for the few – allowing corporations and millionaires to do whatever they want. No matter what that means to the freedoms of the 99 percent. The GOP demand for repeal of health care reform is another example of that. Already, this law has expanded health coverage for a million young adults because it allows them to remain on their parents’ plan until age 26. It has also helped 1.2 million senior citizens afford their prescription drugs by beginning to close the “donut hole” during which they must pay.

Still, Republicans want to get rid of that law. They want to regress to those free-for-all days when health insurance corporations could make unlimited profits from illness, deny coverage to those with chronic illnesses and terminate coverage when policy holders got sick. They want those young adults dropped. They want senior citizens to pay more for their prescriptions again. For Republicans, it’s all about enforcing freedom for the few – allowing health insurance corporations to do whatever they want. No matter what that means to the freedoms of the 99 percent.

The Republican rebuke of any attempt to control the 1 percent is highlighted in their “jobs bill” by its call for a regulation moratorium.  No new rules! The country is in the midst of the deadliest outbreak of foodborne illness in 25 years. Twenty-five people are dead. A total of 125 people in 26 states have been sickened by listeria-poisoned cantaloupe from Jensen Farms in Holly, Colo. One sickened woman suffered a miscarriage. The U.S. Food and Drug Administration (FDA) says more illnesses and deaths may occur over the next several weeks.

If the Republicans got their way, the FDA would be unable to write new regulations to prevent another such incident. It’s fine with the GOP that Jensen had hired its own inspector, a firm that certified the Jensen packing plant fine and dandy just before listeria-tainted cantaloupes killed 25 and just before the FDA found numerous, obvious violations.

That’s because the Republican precept is: an economy just for the 1 percent.

***

Leo W. Gerard also is a member of the AFL-CIO Executive Committee and chairs the labor federation’s Public Policy Committee. President Barack Obama recently appointed him to the President’s Advisory Committee on Trade Policy and Negotiations. He serves as co-chairman of the BlueGreen Alliance and on the boards of the Apollo Alliance, Campaign for America’s Future and the Economic Policy Institute.  He is a member of the IMF and ICEM global labor federations and was instrumental in creating Workers Uniting, the first global union. Follow @USWBlogger

Posted October 24, 2011 at 10:04 am, in From the USW International President

A really good documentary - The One Percent

Meet Connie Entrekin, SOAR President

Socialism

We're Movin In

S.S. COLA Clouded by looming Threat on Capitol Hill

 “Super Committee” Considering Drastic Cut to Future Benefits

The following statement was issued today by Edward F. Coyle, Executive Director of the Alliance for Retired Americans:

“Seniors are pleased by today’s announcement of a 3.6 percent Cost-of-Living Adjustment (COLA) for Social Security beneficiaries.  After two years of no increase, this will help retirees be better able to pay their bills and stay healthy.

“But today’s news is tempered by reports that the congressional “Super Committee” is considering changes to Social Security that will severely hinder retirees’ ability to keep pace with the rising cost of living.  The panel may recommend a new statistical formula for future COLAs, one that would grossly understate the growing financial pressures on retirees.

“What the proponents of the change clinically call a ‘Chained-CPI,’ is what millions of seniors would call ‘food, shelter, clothing.’  A recent study showed that, if this change took effect, a worker retiring this year at age 65 would lose $6,000 in benefits by age 80.

“Social Security did not create our budget deficit – it is fully-funded by worker and employer payroll taxes.  It is inexcusable for politicians who never met a tax break they didn’t like to try to balance the budget on the backs of current and future retirees.

“Today’s COLA is good news for retirees, but I worry that it could be the last one many seniors ever see.  Workers and retirees must mobilize to protect the Social Security benefits millions of seniors count on to make ends meet.”


###
The Alliance for Retired Americans is a national organization that advocates for the rights and well being of over 4 million retirees and their families.

No Comment Necessary

Social Security COLA Increase - Finally

Social Security COLA Increase Finally Coming, but Offset by Medicare Premiums

After two years without an inflation adjustment, the Social Security Administration is expected to announce a 2012 cost-of-living adjustment (COLA) of more than 3 percent on October 19th. The annual Social Security COLA is determined by a formula that averages inflation for the third quarter, as reflected by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). No COLA was awarded in 2010 or 2011 due to a spike in the third quarter of 2008, which resulted in a 5.8 percent COLA for 2009. By law, subsequent Social Security payments couldn’t rise until the CPI-W exceeded the 2008 level. Many seniors will see a substantial part of the COLA consumed by a higher premium for Medicare Part B (doctor visits and outpatient services), which usually is deducted from Social Security payments. For those who receive the average benefit of $1,177 per month, a 3.5 percent COLA would lift their gross 2012 payment to $1,218. Assuming that the official Part B premium is, as projected, $106.60, seniors could pay $10.20 more monthly for Part B, reducing their net benefit to $1,207 – an increase of 2.63 percent. However, if you are among the one-third of seniors who receive a monthly benefit between $500 and $1,000, that could translate to a COLA of 2.04 percent after Part B premiums. Part B’s impact on Social Security is a reminder that seniors are affected by different types of inflation than the general population, mainly due to medical costs. To learn more, go to http://reut.rs/pr4i0E.

Source: Alliance for Retired Americans Friday Alert

Wanna Be a Pirate?

Unbelievable

I was out for the afternoon and just arrived home. We turned on the television and what do we see the U.S. House of Representative doing? Trying to pass legislation to prohibit women to belong to an insurance plan through the Medical Insurance exchanges that provide for abortion coverage, even though that person would have to pay for the coverage themselves.
I just find it hard to understand, with all of the people unemployed in our country that Republicans would want to spend their time trying to pass such legislation knowing that it wouldn't pass the Senate and would be vetoed by the President.
It just doesn't make any sense to me.
It used to be that only the rich could get a safe abortion by traveling out of the country. Those who couldn't afford to do that got their abortions in the alley ways or in parking lots.
What in the world are these Republicans doing?
It shows me that they do not care one whit for those children that are already born.
Nuts.

A Picture is Worth a Thousand Words

Our Highways and Bridges are Falling Apart

Our One Demand

Republicans Want the Country to Fail

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