If I were wealthier than Lydian King Croseus, the US government or at least the people’s representatives would have been falling over themselves to help me out. But I’m not. Workplace rules are feel good rules that can’t be applied in the real world and my last business wasn’t too big to fail. It was o-kay for unregulated banks to crash the entire world economy, and it was necessary for the US taxpayer to bail out companies that had been allowed to grow to be to big to be
- allowed
to fail. And in a true free market economy that’s wrong too.
(Reuters) House of Representatives rule change that could prompt a steep cut to Social Security disability benefits next year, congressional aides said on Monday.
The new legislative rule, pushed through with little notice last week, would prohibit a routine transfer to the Social Security Disability Trust Fund, which is expected to be depleted by late 2016.
Republicans say they passed the rule change to force reforms to the disability program, which they claim is rife with fraud and mismanagement.
Republican Representative Sam Johnson, of Texas, who authored the rule change, said it was meant to protect Social Security retirement benefits from being “raided” by the “fraud-plagued disability program” and to encourage reforms.
(Reporting by David Lawder; Editing by John Whitesides and Leslie Adler)
After removing the Glass-Steagall Act and now removing any teeth that the Dodd-Frank legislation might have had, it’s time to attack the poorest among us once again.
The Waste and Fraud argument reached it’s peak of foolishness under Our Lord and Saviour, Ronald Reagan with the Cadillac driving, Fur wearing welfare queen. Linda Taylor, Reagan’s Welfare Queen, was anything but. In reality Miss Taylor was a sophisticated con artist under investigation by the police, the police who repeatedly asked the government to leave her alone so the police could gather evidence and obtain a conviction.
But we’re still at it. Trust me folks, if there’s waste and fraud it ain’t much. I use the system. I believe that I earned the right by working so hard I can’t work anymore. Believe you me, it ain’t Champagne and Caviar.