Keyword: socialsecurity
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Throw-away track phones bought at a nearby dollar store. Private investigator hired to trail working mom. Massive document shredding days. Bashing of hard drives. Office Chaos. Wow. Is this the latest fiction novel on a crime themed best seller list? No. These are actual references in US House of Representatives hearings on the massive Social Security Disability Fraud Scandal. Honest and dedicated federal employees, sickened and disgusted over the theft of money and services of US taxpayer dollars filed a whistleblower lawsuit to blow the lid off of a scandal that looks to bankrupt a federal agency founded for the...
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According to a recent report by the Congressional Budget Office (CBO), different generations have paid and will continue to pay disparate amounts of Medicare and Social Security payroll taxes, and they will also receive dissimilar amounts of Medicare and...
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Can anybody cite the law that exempts people (Sellers) from divulging their SS#s during real estate transactions? I know this can be done (at least in NH) because I was at a closing 8.5 years ago, where the Seller was refusing to release his. The in-house lawyer was then called upon and, when he came out, he and the Seller had a bit of a back-and-forth about it in front of everyone. The Seller then told the lawyer that he could prove it to him if he'd just come with him outside the room (presumably out to a telephone?). When...
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Stan Druckenmiller makes an unlikely class warrior. He's a member of the 1%—make that the 0.001%—one of the most successful money managers of all time, and 60 years old to boot. But lately he has been touring college campuses promoting a message of income redistribution you don't hear out of Washington. It's how federal entitlements like Medicare and Social Security are letting Mr. Druckenmiller's generation rip off all those doting Barack Obama voters in Generation X, Y and Z. "I have been shocked at the reception. I had planned to only visit Bowdoin, " his alma mater in Maine, he...
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How do you solve a problem if you refuse to admit you have one — or if you delude yourself into thinking it's not as bad as it actually is? The answer: You don't. You might minimize symptoms and make some progress. But unless you address the root cause, you will not find a real long-term solution. Unfortunately, far too many politicians in Washington refuse to acknowledge — and as a result, never accurately describe — the challenges currently facing America. I'm not sure why so many choose to keep their heads in the sand, but their state of denial...
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In prepared remarks given in advance to the Huffington Post, AFL-CIO President Richard Trumka warns Democrats against accepting any budget deal that includes cuts to Social Security, Medicare or Medicaid, and even goes so far as to threaten to end the career of any politician who fails to heed his call. “No politician … I don’t care the political party … will get away with cutting Social Security, Medicare or Medicaid benefits. Don’t try it,” Trumka says, according to the Huffington Post. “This warning goes double for Democrats,” he continues. “We will never forget. We will never forgive. And we...
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A number of years ago I was between flights on a business trip and was sitting in an airport restaurant having lunch. It was right after the 2008 presidential election and I knew that the election of America’s first black president, a man of the hard left, would make my job bringing a conservative message to black communities much more challenging and difficult. As I ate my sandwich I glanced at the wall and saw a sign with a quote from General Douglas MacArthur. It said, “We are not retreating – we are advancing in another direction.” I was...
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As gun sales break records—partly because of fear of coming gun control from the Obama administration—supplies of ammo ran so low that gun stores and ranges have to ration ammunition. Meanwhile, rumors of mass purchases of ammunition made by government entities began to fly around the Internet. Making all this even worse is that fact that it hasn’t been a short-term supply problem. Now well over a year since the shortages of popular types of ammo began there are still empty shelves and rationing here and there around the United States.
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A former Social Security official has pleaded guilty to identity theft on accusations he used information from the federal agency's database and took more than $160,000 of a Coventry man's stock investments. ... Hurst, who was assistant district manager for the Social Security Administration in Warwick, used a Social Security database to find personal information such as a Social Security number and date of birth.
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I wanted to share a quick story about something that happened in our household today and 3 days ago with a friend of mine as well of 23 years. My wife is on permanent disability for the remainder of her life due to a number of health reasons from on and off cancer battles to other sustained health issues that prevent her from working. My friend Cory injured himself on the job a few years ago breaking his back, right knee, and shoulder. Both have been getting around $1,000.00 a month in disability. My wife puts that money towards the...
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Eventually this shutdown crisis will end. And eventually the two parties will make another stab at a deal on taxes, investments and entitlements. But there’s one outcome from such negotiations that I can absolutely guarantee: Seniors, Wall Street and unions will all have their say and their interests protected. So the most likely result will be more tinkering around the edges, as our politicians run for the hills the minute someone accuses them of “fixing the deficit on the backs of the elderly” or creating “death panels” to sensibly allocate end-of-life health care. Could this time be different? Short of...
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I just heard my Conservative radio hosts discussing what is being put on the table by the Republicans in the House. They said Ryan is pushing means testing for SS benefits.
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The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased. When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the debt ceiling puts Social Security benefits at risk,” according to a person familiar with the agency directive. The warning was assembled after the agency consulted with the Treasury Department, which would play a lead role in determining how the government handles payments if the borrowing limit isn’t raised soon....
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Social Security Administration employees are being instructed to tell people who ask that if the debt ceiling is not raised, their social security benefits could be in danger. In an email sent Friday, obtained by The Daily Caller, employees are instructed: “If a member of the public asks whether their Social Security payment will be affected if the federal debt ceiling is not raised, you may give the following response: ‘Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the debt ceiling puts Social Security benefits at risk.’ “Direct all program–related...
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The President’s comments, underlying the danger of not authorizing an increase in government debt, highlights the structural concerns within the government’s current fiscal policy. During a campaign style speech (does he give any other kind?) the President said "In a government shutdown, Social Security checks still go out on time, [ but] if we don't raise the debt ceiling, they don't go out on time." double speak "In a government shutdown, Social Security checks still go out on time, [ but] if we don't raise the debt ceiling, they don't go out on time."
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President Barack Obama warned Thursday that as bad as the government shutdown is, a failure to raise the debt ceiling would be even more damaging to the U.S. economy, and called on congressional Republicans to end their “irresponsibility” on both issues. “As reckless as a government shutdown is … an economic shutdown that results from default would be dramatically worse,” Obama said on the morning of the third day of the government shutdown, at an event held at M. Luis Construction Company in the D.C. suburb of Rockville, Md. The president had on Wednesday warned Wall Street that “this time’s...
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Pensions: In Chile, a major study shows the nation's private retirement accounts provide workers pensions worth 87% of their salaries, 73% of that from profits on savings. So much for the canard about the perils of markets. The story was front-page news in Chile's largest newspapers, El Mercurio and La Tercera, on Sept. 3, a powerful affirmation of what former Republican presidential candidates Newt Gingrich and Herman Cain called "The Chilean Model" of private retirement accounts. The study of 28,000 households by Dictuc, a consultancy affiliated with the Catholic University of Chile, showed that male workers who contributed just 10%...
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In response to Just How Distorted is the U.S. Unemployment Rate Number?, reader Bjorn asked "care to take a guess on the percentage of fraud among the population receiving disability compensation?" Fraud Incentive My Reply Follows: I suspect fraud is in the neighborhood of 25-50% (and higher would not surprise me one bit). The reason is that States Have an Incentive to Promote (Not Stop) Disability Fraud. This all goes back to 1996 when president Bill Clinton promised to "end welfare as we know it". He did indeed do just that, and fraud is the result. Why? The federal government...
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Americans who dream of a retirement filled with sandy beaches, temperate weather and colorful local life may have another thing coming. That's because a new report from the National Institute on Retirement Security finds that 45 percent of working-age households have no retirement savings at all. The average figure for funds set aside by households nearing the end of their working lives was a meager $12,000. That's not enough to cover a single year. If there is no change in their savings rate, many Americans may wind up living on monthly Social Security benefits alone. Monthly benefits now average just...
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One potential benefit that can come from last week’s March on Washington 2013, which commemorated the 1963 civil rights event, is the various data publicized about the current state of affairs of black America vis a vis the rest of the country. In particular, it has been an eye opener for many to see how little progress has been made over the last 50 years in closing the economic gap, on average, between blacks and whites. I call shining light on the data a “potential” benefit because there is no benefit if real remedial action is not taken to improve...
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