Posted on 10/15/2010 12:55:22 PM PDT by Washi
President Obama is calling for a $250 rebate for seniors after the Social Security Administration announced Friday that interest rates in 2010 haven't risen enough to justify an increase in benefits next year to the 58 million retirees and disabled Americans who receive the entitlement.
Congressional Democrats, already in a precarious position headed into Election Day, are heeding the president's call.
White House spokesman Robert Gibbs announced that in light of the economic downturn and the fact that Social Security will not provide a cost-of-living adjustment for a second year, the president will ask Congress to approve a $250 "economic recovery payment" to seniors, veterans and people with disabilities.
(Excerpt) Read more at foxnews.com ...
Notice that this happens two weeks before the election, is announced on Friday afternoon to avoid the immediate attention of conservative talk shows, and benefits those democrats in congress that will "push the president's agenda forward."
This makes me sick, and I hope the seniors will see it for the bribe that it is, and not sell their vote for a measly $250.
I don't want it...These SOBs will take it back in taxes at the end of the year...Just like he did in 2009.
I don’t know that this is a plus or a minus.
Obama is not smart to announce two weeks before an election that no cost of living increase is to be forthcoming.
A $250 one time payment although directly attributable to Obama is NOT what most of the seniors are going to think is fair. They know there has bee electrical and food inflation and they aren’t going to buy the lie that there hasn’t been.
A $250 payment is what Obama offered them last time. So this is just keeping pace with last year.
BTW, taxes collected on Social Security benefits are not returned to the "trust fund" even though they are all paid at the top applicable rate.
Taxing benefits and not returning the money to the "trust fund" is a double dip on the part of the General Fund.
Most likely $250 will not buy many votes.
But, TRULY, there are some that REALLY need it.
(i.e. my parents...that I cannot make up for)
They’ll probably just go out and blow this $250.00 on a tank of gas.
$250 doesn't go very far these days.
ROTFLOL... 250 bucks? Like that’s going to help them? That might cover a few prescriptions for the month.
Our seniors are not stupid.
Obama is such a joke.
Hey, you know what we did when we found out we weren’t going to get a benefit hike? We started an online business. I’m not a benefit bunny, as The-Negro-Without-An-Accent-Unless-He-Wants-One wants me to be.
That’s right.
The One giveth and The One taketh away...............Piss be upon him.............
When seniors and taxpayers en masse got $300 each, I believe it was, from Bush, I remember Michelle sneering, “that’s not enough to buy a pair of earrings.” Hey, Michelle, I want enough to buy a pair of earrings.
What’s another 15 billion dollars in debt, right?
He wants to buy your Democrat vote (not that I’m saying you’re Democrat) He thinks you’re petty enough to sell your soul for $250 cash.
I believe the SS death benefit is also $250. Doesn’t take a psychiatrist to read the Democrats’ minds.
I checked it out here - it’s actually $255.
http://dying.lovetoknow.com/Social_Security_Death_Benefit
Lump Sum Death Benefit: This is a one-time payment from Social Security given to the next of kin or beneficiary. As of January 2008, that amount was $255, and only one payment per family is allotted.
For some, just a week....BUT...
Michelle Obambi said re Dubyas $600.....
Wada ya gonna do, buy a pair of earrings?-She knows real class !..NOT!
This is a blatant attempt to buy the votes of seniors with taxpayer money.
Notice that this happens two weeks before the election, is announced on Friday afternoon to avoid the immediate attention of conservative talk shows, and benefits those democrats in congress that will "push the president's agenda forward."
This makes me sick, and I hope the seniors will see it for the bribe that it is, and not sell their vote for a measly $250.
I don’t get it. “Veterans?” Does he mean all vets, or just disabled ones?
My moron younger son is still waiting for the $500 check from Obama, that the college Democrat club promised him if he would vote for the Kenyan Deceiver.
There was a flyer with the $500 promise directly quoted from Obama.
Actually, this is just par for the course. As an oldster myself, I find it offensive, but the fact is if the Social Security formula doesn’t spit out a COLA for any given year, then to heck with the formula. Politicians of both parties will fall all over themselves to give money to a bloc that votes regularly.
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