Reality Bites: Here come the Social Security payroll tax hikes and benefit cuts- gird yourself Gen X

As usual, Gen X is about to get royally screwed. We are the tiniest generation so the pols feel free to frak us over at any given opportunity.The Boomers suck up all the benefits and live high on the economic hog (sorry guys but it’s true) and drive up the debt and Gen Y, (the spoiled ones that Obama considers his ‘base’, you know the ones WE have to carry on our insurance until they are..27!!!) are going to cut our Medicare and Social Security and send us off on an ice floe….

Boomers– 1946-1964 (inclusive), 75.8 million

Generation X = 50 Million /ages 38 – 45

Generation Y = 78 Million /21 – 40

After spending trillions they are getting ready to talk tough on the deficit, HA! and WE the lucky lucky Gen X can expect to see higher payroll taxes, higher retirement age (neat trick since the healthcare plan wont give us a damn knee replacement to work these extra years after the cuts!) AND lower Social Security benefits. Right on schedule as predicted…

WSJ:

The White House is considering a bipartisan commission to tackle the nation’s swelling deficit, as it seeks to show resolve on a problem that threatens its broader agenda.Top White House officials, including budget director Peter Orszag, met Tuesday with Senate Budget Committee Chairman Sen. Kent Conrad to discuss establishing such a commission, which has been pushed by Mr. Conrad, a North Dakota Democrat, and his Republican counterpart on the committee, Sen. Judd Gregg of New Hampshire.

Senior congressional officials said the idea was gaining traction. Two officials said the White House was likely to make its own proposal for a panel, which could have less power than the proposed Conrad-Gregg commission. White House aides said no final decision had been made.

The idea is to bring Republicans and Democrats together to make tough decisions about how to cut costs or raise revenue in areas including Social Security, Medicare and taxes. For the White House, establishing a commission would show that the Obama administration is serious about tackling the deficit while postponing any real moves until after the 2010 elections….

* Reality Bites clip courtesy of carocia, soundtrack courtesy of juanperezextreme

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November 25, 2009. Tags: , , , , , , , , , , , , , , . Economy, Film, Healthcare, Obama Administration, Politics, Popular Culture. Comments off.

Update 2:MO Crowds Protest TOTUS at town hall: Crowds for Me but Not for Thee: Obama bashes Tea Parties…

Update 2: Instapundit has it via Gateway Pundit, hundreds of  Tea Party protesters showed up at TOTUS’ town hall in MO, BWAAAHAAAAA! And recall at the MO Tea Party they marched to Clare McCaskill’s office, Disclaimer I cant stand clare and her two faced ‘take Big Dawgs help to win while bad mouthing him to the media’ ways..ugh clare….

MO Tea Party Protestors Greet Obama in St Louis ; FM Radio host Dana Loesch addresses crowd (Gateway Pundit)

MO Tea Party Protestors Greet Obama in St Louis ; FM Radio host Dana Loesch addresses crowd (Gateway Pundit)

Phoenix Tax Day Tea Party

Phoenix Tax Day Tea Party (Photo Credit: Brad)

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April 29, 2009. Tags: , , , , , , , , , , , , , , , , , , , , . Economy, Entertainment, Finance, Healthcare, Hillary Clinton, Housing, Immigration, Labor Department, Music, Obama Administration, Politics, Popular Culture, TARP, Taxes, Uncategorized, Unemployment Statistics. Comments off.

Update: GOP Rep. turns down the WH….Monday: ‘Fiscal Responsibility’ Summit at WH…Social Security ‘reform’ and UHC on the menu….

The RSVPs aren’t all in the affirmative, not everyone wants their fingerprints on what Team Obama will no doubt later refer to as bipartisan work on the budget…
From Glen Thrush:

New York Republican Rep. John McHugh, the ranking member of the House Armed Services Committee, has turned down Barack Obama’s invite to Monday’s fiscal responsibility summit, his office tells my colleague Alex Isenstadt.

The New York congressman emerged as a tough critic of the economic stimulus package passed by Congress last week.

What will Americans lose at the Summit?? Social Security benefits, retirement age? Health Care Treatment Choices?? Place your bets and takes yer chances!!

What will Americans lose at the Summit?? Social Security benefits, retirement age? Health Care Treatment Choices?? Place your bets and takes yer chances!!

Ain’t it grand?! After spending more money in less time than anyone in history, they hold a ‘Summit’ on Fiscal Responsibility!! Summit to sound like they climbed a mountain and are having a global meeting I guess, even though this isn’t the G20..It’s a bunch of ‘propeller heads’ who plan to tell US, the PEOPLE, how to live responsibly on what THEY give BACK after they TAKE our money …GRRRRRRRR…Stay away from my Social Security you ‘pragmatic’ number crunching Team of Zeroes…

Via Ben Smith:

The event is to include about 100 guests, and will begin with addresses by President Obama and Vice President Biden. It’s set to include members of both houses of Congress from both parties.

The opening session will be followed by “breakout” sessions of five topics: health, tax policy, Social Security, contracting and procurement, and the budget, each led by senior officials.

The budget director, Peter Orszag, will be leading the health breakout — a policy area on which he’s long focused, and one expected to be front and center in the budget.

Christina Romer and Larry Summers will lead the Social Security session; despite fears on the left, entitlement reform advocate Pete Peterson appears to have no formal role in the gathering. (MiM here no ‘formal’; role but he IS THERE RIGHT??? RIGHT!)

Pete Peterson already has an ad to push his SS ‘reform’ guess HE thinks he has input somehow huh? HOW LONG WILL HE TRY TO KILL SS?!?!?:

CIA director Leon Panetta will be present to — to talk about the budget, however, which he ran in the Clinton years, not about his current portfolio.

Full schedule after the jump.

WHAT: The White House Fiscal Summit

WHEN: Monday, February 23rd, 2009

12:30 PM – Event Call Time

1:00 PM – Program Begins

4:30 PM – Event Concludes

WHERE: The White House

The State Dining Room

*Specific information on arrival gates will be provided shortly.

FORMAT: Approximately 100 guests will gather at the White House to participate in a summit on fiscal issues. The group will be composed of the President and Vice President, Members of Congress, members of the Cabinet and senior Administration officials, and various other experts in the field. The group of Members will be bipartisan and bicameral.

Session 1: The President and Vice President will each deliver remarks in an opening session in the State Dining Room. Open press.

Session 2: Breakout discussion groups led by members of the Cabinet and senior Administration officials on key fiscal issues. Pooled press.

Session 3: Plenary discussion led by the President regarding results of the five breakout groups. Pooled press.

Breakout sessions.

Health: Orszag, Melody Barnes, Sec. Shinseki

Tax: Geithner, Volcker

Social Security: Romer, Summers

Contracting & Procurement: LaHood, Napolitano, Bill Lynn

Budget: Nabors, Panetta

February 20, 2009. Tags: , , , , , , , , . Cabinet, Economy, Finance, Healthcare, Obama Administration, Politics, Wall St. 3 comments.

REPOST: Un-Dynamic Duo: Sebelius and Orszag to lead Healthcare & SS Reform?

REPOST: It’s official Shebores us has been nominated for HHS, here is the writeup we did last month…2 best things IMO, Daschle screwed himself out of the job and Howard Dean who broke TEH ROOLZ for Obama to win the primaries is UNDA DA BUS….BWAAAAHAAAAAA! Frakkers..

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February 19, 2009. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , . Cabinet, Economy, Hillary Clinton, Obama Administration, Politics, Uncategorized. 2 comments.

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