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'Shock Doctrine': GOP Elites Point a Gun at the Middle Class


Health & Wellness  (tags: Medicare, health, healthcare, Health insurance, nutrition, safety )

Norm
- 2681 days ago - alternet.org
House Budget Committee Chairman Paul Ryan put out a budget proposal last week that will leave the vast majority of future retirees without decent health care by ending Medicare as we know it. According to the Congressional Budget Office (CBO) analysis, mo



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Comments

patricia lasek (317)
Wednesday April 13, 2011, 4:29 pm
It's time to prosecute the biggies on Wall St. for what they diid to this country.

Shouldn't forcing an economic collapse qualify for treason?
 

Bonnie B (103)
Wednesday April 13, 2011, 4:44 pm
And the pundits call Ryan's plan "serious." Yes, it is very serious. It is a serious plan for taking tens of trillions of dollars from low-income and middle-income people and giving them away as tax breaks to the rich and to the health care industry. It is about as serious as a robber with a gun pointed at your head.

Great ending! Thanks for posting this, Norm.
 

Past Member (0)
Wednesday April 13, 2011, 6:57 pm
Noted/thanks Norm
 

Ralph R Sutton (56)
Wednesday April 13, 2011, 7:18 pm
First it was Social Security they didn’t understand; now it is Medicare. Medicare is a paid for program and who is paying for it, the employee and their employer. Each contributes 1.45% of the employee’s wages towards Medicare. In addition to that, once you retire and start drawing Social Security you have to pay a monthly premium for your Medicare just like you would if you had a private insurance policy. That premium ($96.50) is taken out of every check the Social Security recipient gets and that is in addition to the 2.9% that was contributed to the Medicare Fund during the employee’s working lifetime.

How can they say that it is a budget issue when it is paid for separately from Withholdings? There are three Federal deductions on everyone’s paycheck; Federal Withholdings (income tax), Social Security Contribution and Medicare Contribution. Each of these goes into their own accounting system. Your Federal Withholdings go into the General Fund from which all budget items are paid. Your Social Security Contribution goes into the Social Security Fund from which all Social Security checks are drawn on. Medicare is slightly different in that it gets money from two sources; your paycheck and from the Social Security Fund.

Do a little math and see what you have paid for your Medicare. The average person will contribute $7.00 a week and their employer also contributes $7.00 a week for a total of $14.00 a week. Say the average person works 50 weeks a year and contributes $700.00 a year for 45 years or $31,500.00. Once you enroll in Medicare Part B you begin paying $1,158.00 per year for your coverage. That premium has gone up for 2011 so the deduction on Social Security Checks will increase and in most cases it will completely wipe out the Social Security Cost of Living Increase for 2011. What this comes to is roughly $2,600.00 in health insurance premiums a year for the average person who will live for another 20 years after retirement.

It blows my mind that these idiots can’t seem to understand something as simple as this. They must think we are as stupid as they are or maybe that is why they want to destroy the education system, so we will be as ignorant as they are.
 

H Nick H (1826)
Thursday April 14, 2011, 1:19 am
Thanks Ralph for explaining this. I've been saying it to, casue it's true. SS and Medicare are NOT part of our national budget, but on their own, self funding,......by the very workers who might or would use it.

WHY DON'T THOSE WHO ARE SMARTER THAN US SEE THIS? It's crazy. And republcians are the worst at speading these lies. They are well trained and experienced at doing that for sure. THEY NEED TO STOP AND SPEAK THE TRUTH.

I guess the real point is that they don't really care about the budget or money, but ONLY to impose their religons and view on everyone else, why paying back the very rich and large corporations who bribe them (sorry, I shouldn't say bribe). Now corporations can give their millions in secret. THAT HAS TO STOP TOO.
 

Rosie Lopez (73)
Thursday April 14, 2011, 12:23 pm
thank you
 
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