Posts Tagged ‘inflation’

“Growing Social Insecurity”

Seniors on Social Security receive a 1.5% boost!

Seniors are being left out in the cold as temperatures drop and heating costs rise along with rent, food, co-pay’s, and other vital necessities squeeze them for their precious and limited dollars.

Next week retired citizens receive their Cost of Living Adjustment (COLA) for Social Security, a paltry one and a half percent, for the average recipient a whopping $17 per month. Seniors will be forced to stretch their retirement income just a little further — sacrifice just a bit more.

It’s an embarrassment; a slap in their venerable faces! An affront to a life well lived.

Are we killing our seniors?

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Posted in Economy, Healthcare, Politics, Social Net | Comments Off

“Thomas Jefferson Warned Us!”

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
3rd president of US (1743 – 1826)

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Posted in Banking, Economy, Letters, Too Big to Bail | Comments Off