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Keyword: cola

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  • Coca-Cola or Pepsi: Can You Guess Which Brand Is Tops in Consumer Loyalty?

    04/28/2014 12:28:31 AM PDT · by kingattax · 40 replies
    The Motley Fool ^ | Apr 27, 2014 | Sean Williams
    We know Coca-Cola and Pepsi are profitable soft-drink giants, but one of these two companies is significantly better than the other at keeping customers loyal and engaged with the brand. Although the soda industry is made up of dozens upon dozens of beverages choices, chances are good that the soda you last consumed was made by either Coca-Cola (NYSE: KO) or PepsiCo (NYSE: PEP), which absolutely dominate the industry.
  • Telephone town hall with NRCC Chairman Greg Walden & Ryan on April 30th.

    04/25/2014 4:21:25 PM PDT · by ObamahatesPACoal
    NRCC | Paul Ryan
    Friend, I’m excited to announce that I’ll be hosting a telephone town hall with NRCC Chairman Greg Walden on April 30th. This call will be a great opportunity to discuss with you the issues facing our nation and also to hear from you about what’s important to your local community. This call is open to anyone with an up-to-date 2014 NRCC Membership. I’m looking forward to a good discussion on April 30th. I hope you decide to take part. Space is limited and we need to know right away if you’re in. Thanks again for your support. Paul Ryan
  • Diet drinks linked with heart disease, death

    03/30/2014 1:04:08 PM PDT · by 2ndDivisionVet · 48 replies
    CNBC ^ | March 29, 2014 | Maggie Fox
    Women who drink the most diet sodas may also be more likely to develop heart disease and even to die, according to a new study published Saturday. Researchers found women who drank two or more diet drinks a day were 30 percent more likely to have a heart attack or other cardiovascular "event," and 50 percent more likely to die, than women who rarely touch such drinks. The findings, being presented at a meeting of the American College of Cardiology, don't suggest that the drinks themselves are killers. But women who toss back too many diet sodas may be trying...
  • House votes to restore military pensions

    02/11/2014 3:43:43 PM PST · by SkyPilot · 18 replies
    CNN ^ | 11 Feb 14 | Jennifer Liberto and Deirdre Walsh
    <p>The House on Tuesday passed a bill to restore pension increases for some 750,000 military retirees.</p> <p>The House voted 326 to 90 to undo cuts to cost-of-living hikes for military pensions for all current retirees and anyone who enlisted before Jan. 1. The Senate is expected to vote Wednesday.</p>
  • US Congress revisits military pension cuts amid outcry from veterans' groups

    01/28/2014 3:10:56 PM PST · by SkyPilot · 33 replies
    The Guardian and AP ^ | 28 Jan 14 | Staff
    Congress is revisiting its decision to cut annual cost-of-living adjustments (Cola) to pensions for most working-age military retirees after talk of the cuts drew outrage from veterans' groups and others. The budget agreement approved this month reduced those adjustments by 1% annually once a service member retires until that retiree reaches 62. Lawmakers on the Senate Armed Services Committee, back from a week-long break in their home states, said they were interested in repealing the Cola change scheduled to take effect on 1 December 2015. But Pentagon officials asked them to hold off on making any more changes until a...
  • Vets push Congress for fix to pension cut

    01/28/2014 4:45:33 AM PST · by SkyPilot · 5 replies
    The Hill ^ | 27 Jan 14 | Jeremy Herb and Kristina Wong
    Veterans groups are growing increasingly frustrated that Congress has not made any headway toward reversing a $6 billion cut to military pensions. The groups are determined to reverse the cut because they fear it is a first step toward larger cuts in military compensation and benefits. More than a dozen bills have been introduced in both chambers to repeal the cut, which reduces the annual cost-of-living adjustment (COLA) by 1 percentage point below inflation for retirees younger than 62. The change would take effect in December 2015. While more than a third of lawmakers have backed one or more of...
  • COLA Wars

    01/20/2014 4:39:27 PM PST · by SkyPilot · 26 replies
    National Review ^ | 20 Jan 14 | Pete Hegseth
    Why trimming military pensions irks this deficit-hawk veteran. With a $1.1 trillion budget wending its way through Congress and likely headed for President Obama’s desk, officials in Washington are no doubt patting themselves on the back for a job well done. Here’s who won’t be cheering the news: American veterans and military retirees and their families. Tucked away in this massive spending package is a provision that chops away at the annual cost-of-living adjustment (COLA) raises for military retirees and family survivors, in order to save an estimated $6 billion over the next ten years. You could argue that I,...
  • New COLA 'fix' creates have, have-not disabled retirees

    01/16/2014 8:30:19 AM PST · by SkyPilot · 10 replies
    Stars and Stripes ^ | 16 Jan 14 | Tom Philpott
    Congress has rushed to protect the medically retired and survivor benefit recipients from the cap on annual cost-of-living adjustments it approved only a few weeks ago for all “working age” military retirees. The quick “COLA fix,” part of a massive “omnibus” funding bill for 12 federal departments, still leaves most military retirees under age 62 with future COLAs trimmed by one percent below the annual inflation rate, an erosion of retirement value set to begin in January 2016. The fix also creates a disparity in COLA protection between separate groups of disabled retirees, critics contend. It won’t affect retirees with...
  • "Had Mitt and I Won, This Would Not Be Necessary"

    01/15/2014 7:21:15 PM PST · by SkyPilot · 383 replies
    Slate ^ | 15 Jan 14 | David Weigel
    The feedback continues, with a bunch of military veterans and family members asking me how I could defend the callous COLA cuts to military pensions by way of explaining why Congress is trying to undo them. Another reader email: I strenuously object to being asked to sacrifice any more! I risked my life in two deployments to war zones, sacrificed my health (I'm also a disabled veteran), and jeopardized my relationship with my family for my country. I find Congress' latest demand a kick in the gut. We veterans and retirees have sacrificed enough without having to endure the...
  • Americans cut back on Soda - Coca-Cola, PepsiCo and Dr. Pepper Snapple Group see continued sales...

    07/27/2013 1:38:23 PM PDT · by neverdem · 99 replies
    NY Daily News ^ | July 26, 2013 | ASSOCIATED PRESS
    It seems that not even Beyonce or new, lower-calorie options can convince Americans to drink more soda. Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. all sold less soda in the second quarter in North America, dashing hopes for the moment that splashy new marketing and different sweetener mixes could get drinkers back. Coca-Cola Co. said it sold 4 percent less soda in North America, while PepsiCo Inc. simply said its decline for the region was in the "mid-single digits." Dr Pepper sold 3 percent less of the fizzy drinks...
  • Green Coke With Natural Sweetener Stevia Launched In Argentina

    07/23/2013 6:18:50 PM PDT · by drewh · 27 replies
    South Atlantic News Agency ^ | Tuesday, July 23rd 2013 - 07:16 UTC
    The drinks giant has launched Coca Cola Life, which is sweetened with sugar and the naturally occurring, no-calorie sweetener stevia. The new product features a striking green label and is packaged in the award-winning PlantBottle. This is made with 30% plant material and is fully recyclable. Coca Cola says the bottle “looks functions and recycles just like traditional PET plastic, but does so with a lighter footprint on the planet and its scarce resources”. The new drink has 108 calories in a 600 millilitre bottle - between classic Coke with 250 calories and the zero-calorie Diet Coke. “Coca-Cola Life is...
  • Coke's cool idea? Ice bottles

    07/10/2013 2:39:24 PM PDT · by Hotlanta Mike · 19 replies
    www.ajc.com ^ | Wednesday, July 10, 2013 | George Mathis
    Beachgoers in South America can have a cold Coke and a smile, but unlike other consumers of the world's most popular soft drink, they can drink it directly from a bottle made entirely of ice. The Atlanta-based company says the “cold to the last drop” bottles "continue to make quite a splash in Colombia and throughout the advertising world." Indeed, the cool marketing ploy, began this year, has won Coca-Cola several awards. How does it work?
  • Mississippi comes to defense of large sodas with ‘anti-Bloomberg’ bill

    03/12/2013 10:13:21 AM PDT · by Olog-hai · 19 replies
    Washington Post ^ | March 12, 2013 at 11:44 am | Sarah Kliff
    A New York judge isn’t the only one taking aim at New York City’s ban on large, sugary drinks. In a move to prevent such regulations from taking hold elsewhere, Mississippi legislators have passed an “anti-Bloomberg bill” that bars counties from passing and enacting laws that require calorie counts to be posted or caps the size of beverages or foods. You can read it here. The legislation is now on Gov. Phil Bryant’s desk and NPR reports that he is expected to sign it. Mississippi, it’s worth noting here, already has the highest obesity rate in the country. …
  • Coroner Concludes Woman’s 2 Gallon A Day Coca-Cola Habit “A Substantial Factor” In Her Death

    02/12/2013 2:05:35 PM PST · by SMGFan · 63 replies
    When a New Zealand woman died in February 2010, her family swiftly pointed fingers at her 2.2 gallon a day Coke habit. Not the white powdery stuff, the drinkable, cola-y stuff. And although it’s taken three years, a coroner has found that the beverage was a major factor in her death. Coca-Cola had pointed out last year that too much water is bad for you as well, so it’s not surprising that the company disagrees with the ruling. The 30-year-old mother of eight guzzled a whole lot of Coke for years before her death, and the coroner said a bunch...
  • Coca-Cola 'the real deal' for gastrointestinal clogs

    01/08/2013 10:34:57 AM PST · by fso301 · 64 replies
    The Jerusalem Post ^ | 01/07/2013 | Judy Siegel--Itzkovich
    When cars had metallic bumpers, sodas were used to polish them, and popular acidic soft drinks has also been known to be a good toilet-bowl cleaner. Now, Greek gastroentrologists headed by Dr. Spiros Ladas at Athens University Medical School and Laikon Hospital have published a study proving that drinking Coca-Cola (the brand name provided in the article) can open up clogs in people with overly convoluted gastrointestinal systems caused by the ingestion of digested fruits and vegetables. They published their findings on Monday in the journal Alimentary Pharmacology and Therapeutics.
  • Pepsi seeks lead in the cola wars with new ‘fat-blocking’ soda (Moochelle approved?)

    11/13/2012 7:00:23 PM PST · by Libloather · 32 replies
    Examiner ^ | 11/12/12 | Danielle Tworek
    Pepsi seeks lead in the cola wars with new ‘fat-blocking’ sodaBy: Danielle Tworek November 12, 2012 In the endless battle to shake their growing reputation as a key trigger point in America’s obesity epidemic, the major soda manufacturer, Pepsi, has a new invention for the soda market: Pepsi Special, the “fat-blocking” cola. On November 13, consumers in Japan will believe they can say yes to the fries and even add a little bacon on that burger as they head through the drive-thru, as long as they include a large Pepsi Special with their meal deal. At least that’s the concept...
  • Destruction of the US Dollar

    10/15/2012 2:04:32 PM PDT · by Tolerance Sucks Rocks · 10 replies
    Patriot Action Network ^ | October 14, 2012 | Roger O'Daniel
    The picture below shows $15 trillion dollars worth of $100 bills on $10 million dollar pallets stacked on top of each other over an area that is one third larger than a regulation football field. An electronics van is parked between the stack and the Statue of Liberty. A single $100 million dollar pallet rests in front of the truck’s cab. See it?Recently, I reported that the Federal Reserve Bank (FED) secretly gave ten trillion dollars of interest-free loans to over a dozen European banks to shore up the Euro and keep them financially solvent. I later found out that...
  • Activist firm takes $600 million stake in PepsiCo (prepares to dump Obama-loving CEO Indra Nooyi)

    05/16/2012 4:50:32 PM PDT · by jimbo123 · 21 replies
    KPVI ^ | 5/15/12 | AP
    Activist investor Ralph Whitworth says his firm has taken a $600 million stake in PepsiCo Inc., a move that could ramp up pressure on the company to make changes.
  • Study Connects Cola Dye Ingredient to Cancer (BS Study Alert)

    03/08/2012 3:35:25 PM PST · by caldera599 · 16 replies
    Delish.com ^ | 3/8/2012 | Zoe Bain
    Could an ingredient found in the dye that provides cola with its traditional brown shade cause cancer? A controversial report released by the Center for Science in the Public Interest (CSPI) says yes. According to CBS News, the consumer interest group, CSPI, published a report, which linked Coca-Cola, Diet Coke, Pepsi, and Diet Pepsi, as well as some other brown-hued sodas to a cancer-causing chemical. The chemical, 4-methylimidazole, more commonly referred to as 4-MI or 4-MEI, has been proven to cause cancer in lab rats and mice. The CSPI has petitioned the FDA to enforce a labeling system that would...
  • Consumer group finds cancer-causing chemical in colas

    03/06/2012 12:42:28 PM PST · by Oldeconomybuyer · 39 replies
    Los Angeles Times ^ | March 6, 2012 | By Eryn Brown
    In a letter to the U.S. Food and Drug Administration, the consumer watchdog group Center for Science in the Public Interest called on officials to ban the use of caramel coloring in popular soft drinks, citing a possible cancer risk. This isn’t the first time that CSPI has targeted the food additive that gives colas, including Coke and Pepsi, their familiar brown color. But the far bigger worry for soda drinkers remains high-fructose corn syrup and other sugars used in soft drinks. "Soda drinkers are much more likely than non-soda drinkers to develop weight gain, obesity, diabetes and other health...
  • Social Security to hand out first raises since '09

    10/18/2011 5:46:50 PM PDT · by STARWISE · 46 replies
    AP/Yahoo ^ | 10-18-11 | Stephen Ohlemacher
    Social Security recipients will get a raise in January — their first increase in benefits since 2009. It's expected to be about 3.5 percent. Some 55 million beneficiaries will find out for sure Wednesday when a government inflation measure that determines the annual cost-of-living adjustment is released. Congress adopted the measure in the 1970s, and since then it has resulted in annual benefit increases averaging 4.2 percent. But there was no COLA in 2010 or 2011 because inflation was too low. That was small comfort to the millions of retirees and disabled people who have seen retirement accounts dwindle and...
  • Marijuana plants grew near Osama hideout, servants on cola

    05/04/2011 12:14:57 PM PDT · by jakerobins · 22 replies
    High-strength marijuana plants have been found just yards from the mansion of slain al-Qaeda chief Osama bin Laden who was killed by US commandos deep inside Pakistan on Sunday. CNN reported from close to the 9/11 mastermind's mansion in the military garrison town of Abbottabad today that the marijuana plants were growing alongside other crops including cabbages and potatoes. Despite being a short walk from a military training academy dubbed 'Pakistan's Sandhurst'--800 yards away-- the illegal crop had remained undiscovered, it said
  • BREAKING NEWS: Coca Cola Recipe 'Discovered'

    02/14/2011 7:08:52 PM PST · by Nachum · 102 replies
    fox news ^ | 2/14/11 | staff
    The ingredients of the drink, founded by John Pemberton, a medicinal pharmacist in 1886, have always been a mystery. However, Thisamericanlife.org claims to have discovered a list in a photograph in a newspaper article giving the ingredients and exact quantities to make the drink.
  • Hourly Action In Gold From Trader Dan

    02/02/2011 10:45:14 PM PST · by Razzz42 · 16 replies · 1+ views
    Jim Sinclair's Mineset ^ | February 2, 2011 | Dan Norcini
    Another day, another all time record high in commodity prices as the CCI (Continuous Commodity Index) did it yet again. Corn, wheat and soybeans all put in 30 month highs with wheat now having effectively doubled in price since June of last year. Brent crude is now trading above $102/barrel and is now back to levels last seen in September 2008. Ditto for Unleaded gasoline. Coffee is at another 13 year high, sugar hit an astonishing $0.36/pound while copper added on more to its record high from yesterday. Cotton is near 140 year highs, last seen during the era following...
  • Trader Dan Comments On Today’s Commodity Market Action

    12/23/2010 8:11:43 AM PST · by Razzz42 · 5 replies
    Jim Sinclair's Mineset ^ | December 22, 2010 | Dan Norcini
    ...My fear mentioned above is that in addition to consumers soon to get walloped with sticker shock at the grocery stores within the space of a few months as the price rise works its way through the distribution channels, they were also going to get hit with rising gasoline and energy costs, a double whammy for their pocketbooks at the time that many can ill afford it. There are so many struggling families dealing with lost incomes and underemployment for those fortunate enough to have found work, that any further price pressures on the energy front would act to take...
  • GOP blocks Democratic effort to award seniors $250 in lieu of lack of COLA increase next year

    12/08/2010 12:48:11 PM PST · by ButThreeLeftsDo · 31 replies
    StarTribune.com ^ | 12/8/10 | JIM ABRAMS , Associated Press
    House Republicans on Wednesday thwarted a Democratic effort to award $250 checks to Social Security recipients facing a second consecutive year without a cost-of-living increase. President Barack Obama and Democrats have urged approval of the one-time payment, saying seniors barely getting by on their Social Security checks face undue hardships without the COLA increase. But Republicans contended that the nation couldn't afford the estimated $14 billion cost of the payment, and that the COLA freezes in 2010 and 2011 come after seniors received a significant boost in 2009.
  • Bam's desperate bribe

    10/20/2010 3:22:20 AM PDT · by Scanian · 5 replies
    NY Post ^ | October 20, 2010 | Editorial
    President Obama last week urged Congress -- likely in a post-election lame-duck session -- to send senior citizens a payment of $250 to offset stagnant Social Security benefits. Total cost of this plan: $15 billion. Social Security's built-in cost-of-living adjustments are meant to protect seniors. But inflation has been flat, so the Social Security Administration hasn't raised benefit levels for two years. But that won't buy many votes, so the administration wants to borrow and spend another $15 billion to purchase as many as possible. At least, that's the only explanation that makes sense. Seniors, after all, as a group...
  • No COLA for Seniors – Welcome to the club

    10/12/2010 9:32:31 AM PDT · by Lexluthor69 · 14 replies
    The Silent Majority ^ | 10-12-10 | Southernman
    From Yahoo News: Senior citizens brace for Social Security freeze BOCA RATON, Fla. – Seniors prepared to cut back on everything from food to charitable donations to whiskey as word spread Monday that they will have to wait until at least 2012 to see their Social Security checks increase. The government is expected to announce this week that more than 58 million Social Security recipients will go through a second straight year without an increase in monthly benefits. This year was the first without an increase since automatic adjustments for inflation started in 1975. “I think it’s disgusting,” said Paul...
  • No Social Security COLA Expected For 2011 News Expected To Be Bad For Democrats

    10/10/2010 8:57:28 AM PDT · by FromLori · 192 replies
    KPTV Portland ^ | 10/9/10 | STEPHEN OHLEMACHER
    WASHINGTON -- As if voters don't have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits. It would mark only the second year without an increase since automatic adjustments for inflation were adopted in 1975. The first year was this year. "If you're the ruling party, this is not the sort of thing you want to have happening two weeks before an election," said Andrew Biggs, a former deputy commissioner at the Social...
  • POLITICO: Democrats feud over plan to fix deficits (Cut SS, raise age to 70-or both)

    10/09/2010 3:42:20 PM PDT · by maggief · 73 replies · 1+ views
    POLITICO ^ | October 9, 2010 | John Maggs
    President Barack Obama’s already got problems refereeing his party’s bitter family feud over deficits. And now, Alice Rivlin is about to make that job a lot tougher. Rivlin is an influential voice in Democratic circles but has developed a reputation as something of a fiscal scold, who says government’s largesse isn’t unlimited. Obama picked her for his presidential deficit commission. And right at the moment when liberals are telling the president to keep his hands off Social Security, Rivlin’s about to announce a plan to fix the deficit that’s expected to include some of her past prescriptions for the problem....
  • Social Security: No 2011 increase expected

    10/07/2010 6:46:04 AM PDT · by GailA · 42 replies · 1+ views
    CNNMoney.com ^ | 10/5/10 | Jeanne Sahadi
    NEW YORK (CNNMoney.com) -- Chances are high that for the second year in a row Social Security beneficiaries will see no increase in their benefit checks. The official word won't come until mid-October when the Social Security Administration announces whether there will be a cost-of-living adjustment (COLA) for 2011. But those who've crunched the numbers say there just hasn't been enough inflation to justify a bump in benefits. The last time there was an inflation adjustment was in 2009: Social Security beneficiaries got a higher-than-normal 5.8% increase because of a temporary spike in energy prices in the third quarter of...
  • No increase to Social Security Benefits for 2011 (unofficial)

    09/17/2010 12:44:44 PM PDT · by blam · 28 replies
    Calculated Risk ^ | 9-17-2010 | CalculatedRisk
    No increase to Social Security Benefits for 2011 (unofficial) by CalculatedRisk 9/17/2010 11:28:00 AM It won't be official until the BLS releases the September CPI-W report, but we can already say there will be no increase in Social Security benefits or the Maximum Contribution Base in 2011 (assuming no new legislation). The BLS reported this morning that the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was at 214.205 in August (CPI-W was at 213.898 in July). Here is an explanation of why there will be no change (some repeated from a post last month): The calculation...
  • Social Security COLA: Congress Gets Pay Raise, Seniors & Others Did Not

    01/22/2010 6:54:50 AM PST · by Daniel T. Zanoza · 31 replies · 1,048+ views
    RFFM.org ^ | January 22, 2010 | Daniel T. Zanoza
    I'm sure many senior citizens, handicapped and those who are temporarily disabled noticed their Social Security check did not include a Cost Of Living Adjustment (COLA) for 2010. In fact, it is possible Social Security recipients will not receive a COLA for up to three years, according to reports out of Washington, D.C. This is the first year a COLA increase has not been afforded to Social Security recipients for over 30 years. For those of you who have parents or grandparents who were surprised to learn they will have to live on the same amount of money per month...
  • Third-Rail Shocker (Social Security Going Bankrupt Sooner)

    01/08/2010 5:17:09 PM PST · by raptor22 · 36 replies · 1,422+ views
    Investors.com ^ | January 8, 2009 | Investor's business Daily staff
    Entitlements: While a massive health care entitlement is fashioned in secret, another one, Social Security, is running deficits decades earlier than expected. We've been kicking the can down the road. We're out of road. As Bernie Madoff found out, any Ponzi scheme depends on a continuous inflow of new cash and new customers or the ever-expanding pyramid will totter and collapse. Social Security, dependent as it was on new workers paying the expanding benefits of retirees, is about to, much sooner than expected. As Ed Morrissey over at HotAir.com reminds us, Peter Orszag, now director of the Office of Management...
  • Social Security gets no Cola but Congress does(The leaders diss public but reward themselves)

    12/09/2009 5:23:45 AM PST · by bestintxas · 43 replies · 1,968+ views
    Canada Free Press ^ | 10/08/09 | Aaron Cantor
    Congress has, in their beneficence, decided that there will be no cost of living raise in 2010 for social security recipients. Congress and the Senate on the other hand will receive a $4,700.00 cost of living allowance or whatever you want to call it in 2010. The really dastardly part of it is that they have it fixed so that it is automatic and they, claiming plausible deniability, can say I didn’t vote for it. A lot of people have been crying for relief from these parasites for a long time and the numbers are growing daily. This is just...
  • Social Security COLA Freeze: Obama To The Rescue? I Told You So!

    10/18/2009 8:00:47 AM PDT · by Daniel T. Zanoza · 30 replies · 1,102+ views
    RFFM.org ^ | October 18, 2009 | Daniel T. Zanoza
    On August 24, 2009 I wrote a commentary titled, "COLA Freeze for Social Security Recipients: Part of an Obama Ruse to Keep Senior Voting Bloc?". I hate to say I told you so, but I told you so. Barack Obama has proposed Congress approve a one-time $250 payment to seniors and handicapped ...
  • Social Security to make it official: No COLA

    10/15/2009 6:18:17 AM PDT · by rrstar96 · 44 replies · 1,386+ views
    CaribbeanBusinessPR.com ^ | October 15, 2009 | CB Online Staff
    WASHINGTON – The Social Security Administration makes it official Thursday: There will be no cost of living increase for Social Security recipients next year, the first year without one since automatic adjustments were adopted in 1975. The announcement comes as President Barack Obama and key members of Congress call for a second round of $250 payments to more than 50 million seniors, veterans, retired railroad workers and people with disabilities. The payments would be equal to about a 2 percent increase for the average Social Security recipient. The cost: $13 billion. Obama called on Congress Wednesday to approve the payments,...
  • Social Security's January Surprise

    09/27/2009 7:07:16 AM PDT · by george76 · 60 replies · 2,708+ views
    wsj ^ | SEPTEMBER 27, 2009 | LISA SCHERZER
    Come January, seniors may do a double take after seeing their Social Security checks. The 2% to 3% increase in benefits they usually get each year won't be there. The reason: For the first time in three decades, there likely won't be a cost-of-living adjustment. Though benefit amounts for 2010 won't shrink, with investment losses and lower home values, the lack of an increase will feel like a loss to many seniors. checks could be lower when factoring in premiums for Medicare Part B, which are deducted from monthly benefits. For most of the 42 million Part B beneficiaries, the...
  • GOP missing a big issue

    09/08/2009 1:57:00 PM PDT · by Scanian · 5 replies · 740+ views
    The American Thinker Blog ^ | September 08, 2009 | Russ Vaughn
    What on earth is the Republican Party thinking? Or rather, what is it foolishly ignoring? The Obama administration has handed Republicans and conservatives a huge club with which to pound their Democrat opponents and to my knowledge, it has been ignored almost entirely. Certainly the biased media has ignored any discussion of the topic but then that is to be expected nowadays. The national media no longer serve their nation; they slobberingly serve only their Democrat masters. The issue? After decades of the Democrats scaring senior citizens prior to every election with phony accusations that the Republicans would reduce or...
  • Talking Seniors to Death

    09/06/2009 2:25:10 AM PDT · by Scanian · 5 replies · 740+ views
    The American Thinker ^ | September 06, 2009 | Rita L. Marker
    First, the bad news. For the first time since 1975, Social Security recipients are being told they won't be receiving an annual cost of living increase in their monthly benefits. At the same time, their Medicare premiums will go up, so monthly checks will actually shrink next year. Not to worry, though. Here's the good news. Seniors may not have to live on such meager funds for long because the government is going to help them plan how they want to die. This benevolent plan is in Section 1233 (p. 424) of the health care reform bill known as "America's...
  • The one Ponzi Scheme that's Increasing Its Payout

    08/29/2009 8:55:28 AM PDT · by SeekAndFind · 12 replies · 781+ views
    Sovereign Society ^ | 8/27/2009 | Andrew Packer
    Despite the fact that it’s misleading, a headline from the Associated Press article caught my eye last night… The fear-mongering title? “Millions face shrinking Social Security payments.” The harsh reality? This is exactly the prescription that America needs right now to restore long-run government fiscal prudence. Of course, “shrinking payments” isn’t really what the Associated Press meant… The article goes on to explain, payments are only shrinking because the actuaries of the program estimate that there won’t be a cost of living adjustment (COLA) for the next two years. Why? Deflation, of course! If only the Associated Press had hired...
  • Social Security cancels COLAs (Fixed income on which seniors rely on frozen at current levels)

    08/25/2009 4:34:50 PM PDT · by SeekAndFind · 53 replies · 2,112+ views
    Hotair ^ | 8/25/2009 | Ed Morrissey
    Barack Obama already has had a tough time with seniors on the health-care reform initiative, and for good reasons. The latest news from Social Security won’t make them any happier about it. The Social Security administration has canceled cost-of-living adjustments (COLAs) for the next two years, which means the fixed income on which these seniors rely will freeze at current levels. However, their Medicare premiums will still increase, which means they will get less money over the next two years, the first declines in SSA in more than 30 years: Millions of older people face shrinking Social Security checks next...
  • Social Security’s Flat COLA

    08/24/2009 6:02:04 PM PDT · by SalAOR · 19 replies · 817+ views
    Axis of Right ^ | 8/24/2009 | Ryan
    It’s funny. Some of the veteran teachers I work with indicated last November that the largest pay increases they ever received occurred during Reagan and Dubya’s time in office; that in fact when Dems are in the White House, raises were more like meager cost of living adjustments which ended up netting less than the rate of inflation. Anecdote, I know, but interesting. I digress. Social Security hasn’t missed a COLA (cost of living adjustment) increase since 1975, but is slated to stay flat for the next two years (outside those whopping stimulus checks, of course!). This amounts to a...
  • No Social Security raises for two years (Medicare deduction to increase)

    08/24/2009 1:00:01 AM PDT · by STARWISE · 325 replies · 9,884+ views
    HeraldNet/AP ^ | 8-24-09 | Stephen Ohlemacher
    Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise. The trustees who oversee Social Security are projecting there won’t be a cost of living adjustment (COLA) for the next two years. That hasn’t happened since automatic increases were adopted in 1975. By law, Social Security benefits cannot go down. Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug program because the premiums, which often are deducted from Social Security payments, are scheduled to go up slightly.
  • Millions face shrinking Social Security payments (more Hope & Change for seniors)

    08/23/2009 2:12:07 PM PDT · by Frantzie · 30 replies · 1,649+ views
    Yahoo News/AP ^ | 8-23-2009 | STEPHEN OHLEMACHER
    WASHINGTON – Millions of older people face shrinking Social Security checks next year, the first time in a generation that payments would not rise.
  • Sodas a Tempting Tax Target

    05/20/2009 12:44:55 PM PDT · by Red Steel · 30 replies · 1,097+ views
    nyt ^ | May 19, 2009 | DAVID LEONHARDT
    Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.” — Adam Smith, “The Wealth of Nations,” 1776 That quotation, from the great philosopher of capitalism, appeared at the start of an article that ran a few weeks ago in The New England Journal of Medicine. The article argued for taxing Coke, Pepsi, Gatorade, Red Bull and any other sugar-sweetened beverage, largely to combat obesity. The authors were Kelly Brownell, a longtime obesity researcher at Yale, and Thomas Frieden, the New...
  • Too much cola zaps muscle power

    05/19/2009 6:26:31 PM PDT · by JoeProBono · 31 replies · 1,720+ views
    bbc ^ | 19 May 2009
    Excessive cola consumption can lead to anything from mild weakness to profound muscle paralysis, doctors are warning. This is because the drink can cause blood potassium to drop dangerously low, they report in the International Journal of Clinical Practice. They tell of the curious case of an Australian ostrich farmer who needed emergency care for lung paralysis after drinking 4-10 litres of cola a day. He made a full recovery and was advised to curtail his cola drinking. We have every reason to think that it is not rare Dr Clifford Packer from the Louis Stokes Cleveland VA Medical Centre...
  • Dr Pepper artifact may reveal soft drink's origin

    05/04/2009 7:59:19 AM PDT · by stainlessbanner · 53 replies · 2,703+ views
    yahoo ^ | 04-may-2009 | JAMIE STENGLE
    DALLAS – Poking through antiques stores while traveling through the Texas Panhandle, Bill Waters stumbled across a tattered old ledger book filled with formulas. He bought it for $200, suspecting he could resell it for five times that. Turns out, his inkling about the book's value was more spot on than he knew. The Tulsa, Okla., man eventually discovered the book came from the Waco, Texas, drugstore where Dr Pepper was invented and includes a recipe titled "D Peppers Pepsin Bitters."
  • Social Security Benefits Not Expected to Rise in ’10 (or in 2011)

    05/03/2009 6:17:31 PM PDT · by TornadoAlley3 · 25 replies · 1,453+ views
    nyslimes ^ | 05/02/09 | ROBERT PEAR
    WASHINGTON — For the first time in more than three decades, Social Security recipients will not get any increase in their benefits next year, federal forecasts show. The absence of a cost-of-living adjustment, calculated under a formula set by law, will be a shock to older Americans already hit by plummeting home values, investment losses and rising health costs. More than 50 million people receive Social Security. “Most seniors have never been through a year in which there was no Social Security COLA,” said David M. Certner, legislative counsel at AARP, the lobby for older Americans. Beneficiaries have received automatic...
  • Pepsi, Coke rivalry becomes physical

    10/13/2007 12:26:06 AM PDT · by TigerLikesRooster · 95 replies · 170+ views
    AP ^ | 10/13/07
    Pepsi, Coke rivalry becomes physical Fri Oct 12, 9:46 PM ET The long-standing rivalry between Coke and Pepsi took a physical turn Friday when a Pepsi deliveryman allegedly punched his Coke counterpart in the face at a western Pennsylvania Wal-Mart, state police said. The two deliverymen were "apparently bickering back and forth" while unloading their wares at the Indiana County store, police said. When the Coke deliveryman left the store, his counterpart allegedly punched him in the face three times, breaking his nose and giving him a black eye, police said. No charges have been filed, but police characterized the...