“Attention Seniors: This is President HopeBama Speaking. Due to the fact that there is no inflation – Ben Bernanke says so, and in fact he says there’s deflation which is why we must massively devalue the dollar and print money – a policy I entirely agree with and, incidentally, his truth-telling and wisdom is why I reappointed him – you will be receiving smaller Social Security payments next year.“
WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ — The combination of rising Medicare premiums and no annual cost-of-living adjustment (COLA) would reduce Social Security payments for about 23 million of the nation’s seniors in 2011, according to The Senior Citizens League. This figure represents two-thirds of the 37 million seniors who receive Social Security benefits.
Of course we don’t count in the word “inflation” any of the following:
Yes, that really is a near-double in corn the last three months. While you eat some corn, your food eats even more of it.
While you probably don’t eat Oats, your food does. And it has more than doubled in price over the last four months.
You don’t use soy in anything, do you? Beans in the Teens, anyone? Kinda likely here eh?
I know you don’t like bread (made from wheat) at all. Yeah, it’s come in a bit on price the lat couple of months – but that ramp job still is fairly close to a double – in four months.
These are impressive numbers, and they will show up in food prices soon enough. It cannot be otherwise. And those on fixed incomes, unfortunately, spend more on food (and energy, which is also on a tear) than any other group, save the completely destitute.
Just make sure that you say thanks to all those fine Democrats in Congress and the White House, who have bailed out the Banksters with printed money we didn’t have, and continue to do so today, including covering up their bad mortgage paper.
After all, if you wind up eating dogfood it’s not their problem, right?
Just be sure you remember Seniors – it’s BEN BERNANKE, the UNITED STATES CONGRESS and THE PRESIDENT OF THE UNITED STATES that are entirely responsible for this crap, for one simple reason:
They let the Banksters rob you once, and now they’re letting them rob you again.
Isn’t it grand when the bank robs you?
Your opportunity to thank them all comes on November 2nd. Just make sure that when you thank them you hold the person you think will resolve this to account too. After all, those fantastic Republicans have done such a great job letting the bank rob you over the last 20 years as well!
This has been a public service announcement from The Market Ticker.