Wednesday, July 03, 2013

The Chain

Protest of “chained CPI” at Federal Building in Des Moines

I love it went the leftsists protest the President they elected and then re-elected.

And the scientific community is united in that fact.

The Social Security Administration says it has been using the Consumer Price Index to measure inflation for the cost-of-living adjustments since legislation instituting automatic cost-of-living increases was enacted in 1972.

Even when inflation was so low that COLA didn't kick in, the politicians in CONgress could always get a a few more dollars into retirees checks to keep that voting bloc sated.

Also, Danny Homan may not be a good example to hold up to the public as someone worried about retirement.

The Head of ASSME will probably triple dip, receiving dollars from IPERS, his union and Social Security.

The turnout was pathetic too, as these Fiberals (Iowa Alliance for Retired Americans, several labor groups and other liberal entities) had alerted the media at least 5 days prior to the event.

Radio Iowa had the crowd(?) at about 40 and the Ragister was more than generous with its guestimate of about 50.


Anonymous Anonymous said...

Homan will be great for IPERS and SS. He's so fat that he will probably have the big one within months of retiring so he won't collect back everything he paid in.

12:29 PM

Blogger King of SNARK said...

Reminds me of the Waylon Jennings hit, I Ain't Living Long Like This.

Thanks for reading!

12:36 PM


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