Political Rant – Pre-Existing Conditions not covered?

Every now and then I have to go into one of my Rants about the callous stupidity of our nations politicians.

This is one of those rants about these heartless and cruel politicians and their attempt at splitting people with Pre-Existing Medical Conditions away from the rest of the population, essentially condemning them to eventual poverty and becoming second class citizens, with health problems that will often lead to the depletion of any saving they have or worse, their deaths.

Continue reading “Political Rant – Pre-Existing Conditions not covered?”

A Seniors first Year of Retirement and the Financial Reality.

 

My article on the tax reality that I ran into after my first year of retirement.

I am a Baby Boomer, and my whole generation was told to put everything into tax-deferred savings.

The justification to us was that we would be in a lower tax bracket and would pay lower taxes.

Bit two things occurred that have been devastating to so many of my generation.

First, the Income tax system was stripped and rebuilt by Congress over the past couple of decades to where we Seniors, along with the lower middle-class of America are bearing the brunt of our countries tax load.

Second, The CPI index system was changed by Congress to where it is a false indicator of the true costs of living in America, and our Medical Insurance and care system costs have grown astronomically.

These things have made being a retiree a costly and dangerous lifestyle.

Click on the link below to read my article.

Tax Reality for my first year of Retirement

by Don Bobbitt, 2015

Bamboo_01

I’m just Having a Great Day, that’s all!

Don_09

I just thought I would let everyone know.

I’m having a good day, today.

You know how it is, some days you get up and you (or your body?) just isn’t in sync with the world.

Something might ache a little more than normal, or your brain is a mili-second out of sync with the physical universe, and you keep tripping over things, or dropping things, or whatever. Continue reading “I’m just Having a Great Day, that’s all!”

I was Just Thinkin’ – Is it time for there to be a Third Political Party? A Seniors Party?

I was just going through some of my recent rants on Congress and the President, and how they are slowly but steadily stripping our benefits from all of us Seniors.

And, from what I now see, neither political party has any idea how to handle us, the existing retirees or the Baby Boomers.
The fear in their eyes is evident whenever you see them on TV and the subject of how to may the Medicare and Social Security bills that are looming on the Federal budgetary horizon.
I won’t go into the fact that we, as a generation actually paid for our benefits and that the government stole our money and spent it on the Democratic “Great Society”.
No, I want to keep this a simple Blog.
In my opinion, if we Seniors and Baby Boomers do not get ourselves organized as a strong political entity, to protect our rights, them many of us, especially those that now already have marginal funds to support ourselves in our retirement, are going to be literally “on the street” within another year, with what I know and understand about the profound effects of “Obama’Care” on America.
So, really, fellow Senior and Baby Boomer, we need a viable representative for us and our rights, in Congress, and Now!
How do we do this? I do not have a clue, but I welcome suggestions and discussion.
I was Just Thinkin’
DON
———————————————————————————-
DON

AMERICAN GULLIBLE an article on how we are allowing the government to waste our Social Security

Wayne Brown profile image

AMERICAN GULLIBLE

Here is a great and thoughtful article written by fellow Hubber Wayne Brown.
I think every one of us that has concerns about our federal representatives and what they are doing with the budget and debt should read this one.

I recommend it highly.

—————————–

I Bought a HYBRID CAR today – How I made the decision as a Boomer Retiree

Toyota Hybrid – pic by Don Bobbitt

I Bought a Hybrid today – How I made the Decision considering the cost of a Hybrid Car

This link is to my HUB where I describe the process that I went through to purchase a new car, after my retirement, and get the best price, best fuel economy, and the best vehicle for my money, all at the same time.

Check it out!

Bamboo_01

Don Bobbitt

Key Word for 2011 – LESS

I sit here, on New Years Eve, reading all of the hype on the year, 2011.

They are all talking about how; “X” is better, “B” is worse, “C” is no longer important, and “D” is the new thing to watch.
You can fill in your own definitions for X, B, C, and D.

They may be a little different depending on your own personal lifestyle, but regardless, they are the hot topics.

Well, as a retiree, with, essentially, frozen assets and income, the big thing for me, is the word LESS!

Yeah, sure, I have a pension and SS checks, along a little savings in IRA’s, but they are not growing, like my assets did when I was working.

Now they are shrinking

Consider the following facts:
1- SS and Medicare got no increases for the last two years, regardless of the fact that EVERYHING went up in price during the same time, like, food, clothing, labor.

2- Congress tacked one of their “screw the retirees” acts to a budget bill, that increases the cost to the retiree for SS and Medicare for 2012 and 2013 that will be devastating for those of us that are just getting by.

3- We have an economy that, with 2012 being an election year, will be manipulated heavily by both political parties to either; look Good (democrats) or Bad (Republicans).  That will be their sole purpose in pretty much everything that they do; Win the Elections!

Meanwhile, we retirees are; eating cheaper, wearing our old clothes longer, cutting back on entertainment, and pulling more and more from our savings to get by.

On the news yesterday, they stated that the Poor and Low Income people of our country now account for over 40% of the population. while, of course, the Middle Class has shrunk, yet again.

Filter out the B.S. and what they told us that there are LESS people making as much as in the past. Which in turn, means that there are more people that are paying LESS or NO taxes, to support the Federal spending machine.

What is the Congressional reaction? Let’s cut benefits! That is B.S. plain and simple.

If you want to increase tax income, then you need more people making more money.

This is not rocket science, just simple economics.

If you raise my taxes, I will have less to spend, thus, I will have less to support other service industry workers,  thus reducing the work force even more.

Anyway, I will stop here with my Rant.

2011, it has been the year of LESS.

And if the idiots in Congress don’t get off their partisan Ass’ by the end of 2012, we, the people, and specifically the retirees, will have even LESS!

Bamboo_01

Don Bobbitt

My Morning Rant or The Times we live in.

My Morning Rant or The Times we live in.

This is another of my Morning Rants about the way the news media considers everyone to be in their twenties and physically in great shape when they talk about drugs, foods, exercise and so forth.
 Bamboo_01
Don Bobbitt

The Congressional Super Committee – What a Joke!

Super Committee pic by DonkeyHotey via Flikr

Yes, What a Joke.
When cowards get together and need a way to cover their A**, especially political cowards, they form a Committee.

Then the Committee can meet, behind closed door of course, and just DO NOTHING.

Well, it looks like the fools in Washington have done it again.

They are already admitting that they have no agreement and expect none on the Budget fiasco, so “don’t blame them!”

Don’t blame them for what, you might say?

Well,don’t blame them for the automatic changes that will devastate our Social Security and Medicare systems in America, and go into effect, in 2013.

THEY didn’t do it to all of us!

Nope it was done by Congress a few months ago when they passed their TEMPORARY bailout.
Get ready people, Here it comes!

Bamboo_01

Don Bobbitt

Hey, Mr. 1%!

Hey, Mr. 1%!
Let me think a minute! 
OK! If I work for a living and make, say, $30K, I have to pay taxes. 
I don;t know how to do taxes, typically, so I pay someone to do that for me. I have no deduction except for my House interest and it is not enough. My medical care was not catastrophic, so it’s not deductible. My work clothes are not uniforms.
SO I have to file straight form and PAY, because my Boss didn’t take out enough, in the first place?
You? the 1%? You have an accountant. You get to take your Sports car as a business expense. You get to take your week in the Bahamas as an expense because you went to a one-day conference on how to save on your taxes. You write off your designer clothes as a business expense. And on and on!
After every possible deduction by your accountant, you end up claiming $100K as income. And you feel that’s unfair to you?
Get a Life, Mr. 1%.
We need the playing field leveled a bit!

Bamboo_01

Don Bobbitt