Social Security COLA 2012

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Old 10-18-2011, 01:46 PM
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Default Social Security COLA 2012

Article in Yahoo finance.

http://finance.yahoo.com/news/Social...&asset=&ccode=
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Old 10-18-2011, 01:50 PM
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Don't hold your breath. Congress needs a raise first, they have been working so hard for WE THE PEOPLE.
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Old 10-18-2011, 04:16 PM
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Read the linked article. Social SecurityCOLA raises are done by formula, precisely to take political manipulation out of it. Final number is due out tomorrow morning.

Thanks for the link, 2B
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Old 10-18-2011, 05:16 PM
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On the news tonight, they announced 3.5%.
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Old 10-18-2011, 05:19 PM
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Originally Posted by mac9 View Post
On the news tonight, they announced 3.5%.
cola or congress raise?
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Old 10-18-2011, 05:27 PM
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Hopefully SS, but then again congress will raise Part B payment so they can afford a 7 percent raise for themselves. No matter what the Foggy Bottom Boys/Girls will get theirs.
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Old 10-18-2011, 05:46 PM
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cola or congress raise?
What? you didn't know you would get a SS cost of living raise in 2012!!! its election time and you know WHO is already out on the road looking for another term!!!
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Old 10-18-2011, 05:52 PM
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What? you didn't know you would get a SS cost of living raise in 2012!!! its election time and you know WHO is already out on the road looking for another term!!!
Hahaha Moe, it's not "you know WHO" that gives ya that COLA. It's those other guys lookin for to get back in.
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Old 10-18-2011, 06:21 PM
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Hahaha Moe, it's not "you know WHO" that gives ya that COLA. It's those other guys lookin for to get back in.
Maybe sooo, but you gotta know he will take the credit!!
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Old 10-18-2011, 07:55 PM
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Quote:
Originally Posted by villages07 View Post
Read the linked article. Social SecurityCOLA raises are done by formula, precisely to take political manipulation out of it. Final number is due out tomorrow morning.

Thanks for the link, 2B
Good information to remember and keep in mind.
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Old 10-18-2011, 08:01 PM
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Ya know what that means 3.5% from us plus 3.5% for the equals 7 % raise for politicians after all theyb work very hard, NOT!
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Old 10-18-2011, 08:53 PM
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The Social Security Cost of Living Adjustment is based on the Consumer Price Index. It is not voted on by Congress.
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Old 10-19-2011, 06:29 AM
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skip, you have it right on the raise for our hard working congress criminals and then to top it off, they will raise Part B by 3.6 percent. We should do just fine with less.
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Old 10-19-2011, 06:39 AM
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Geeezzzzz.... This is the first time I've ever seen folks be upset over getting a RAISE!

Be happy!

Last edited by memason; 10-19-2011 at 06:40 AM. Reason: hmmmmm....
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Old 10-19-2011, 08:07 AM
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memason, ain't no raise when you bottom line is less that what it was before the raise.
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