Thread: The Federal Government is cooking the books – Celente

The Federal Government is cooking the books – Celente

Published 17 October, 2009, 02:47

Video at the link

Instead of a long-term payment increase Social Security will give out a one-time $250 payout in 2010. The government, says Gerald Celente from the Trends Research Institute, is bribing people ahead of midterm elections.

http://www.russiatoday.com/Politics/200 ... books.html

Originally Posted by AirborneSapper7

The Federal Government is cooking the books – Celente

Published 17 October, 2009, 02:47

Video at the link

Instead of a long-term payment increase Social Security will give out a one-time $250 payout in 2010. The government, says Gerald Celente from the Trends Research Institute, is bribing people ahead of midterm elections.

http://www.russiatoday.com/Politics/200 ... books.html

And since all subsequent pay increases are based on current pay....the elderly get ripped off forever. They pay increases are a percent of the current payment. So by not getting an increase this year, all increases in future years will be less.