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Fw: 2012 Cola 3.6%?

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allan

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  • HadIt.com Elder

To: Veteran Issues by Colonel Dan <VeteranIssues@yahoogroups.com>

Subject: [VeteranIssues] FW: 2012 COLA 3.6%?

Date: Sep 17, 2011 6:33 AM

From: DON HOLLAND [mailto:donholland1@yahoo.com]

Sent: Friday, September 16, 2011 10:37 AM

To: DON HOLLAND

Subject: 2012 COLA

Hey Shipmates,

It looks like the Warrior President is going to give us a healthy COLA ON ALL OF OUR GOVERNMENT CHECKS in January. If this months CPI-W is anything like last months, we could get a 4% COLA!!!!

AS IT STANDS RIGHT NOW WE WOULD GET 3.6%

http://www.moaa.org/colawatch

ULTIMA,

Don

DON HOLLAND

20313 NETTLETON ST

ORLANDO, FL 32833

321-278-7226

__._,_.___ "Keep on, Keepin' on"

Dan Cedusky, Champaign IL "Colonel Dan"

See my web site at:

http://www.angelfire.../VeteranIssues/

http://www.facebook.com/dan.cedusky

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The inflation rate used to determine COLAs is only 1.8 tp 2.0%. The CPI is 3.8% but this is not the scale they use. CRAP! We might get something to stimulate the economy, but isn't at all certain. We have a month and a half to go, so let's keep our fingers crossed. Gasoline is up 40% where I live but food gasoline and housing aren't considered where COLAs are concern. The Greeks used to kill the messenger who brought bad news, I sure hope hadites don't!

Semper Fi!

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  • HadIt.com Elder

You can bet that any possible increase is already more than offset by increased food, fuel, taxes, increases in insurance premiums, co-pays, and the like.

Worse, this has been going on for a very long time! Decades ago, the politicians gutted SSA, changed the COL formula, and reduced the pension paid for money put in.

Unless things have changed recently, Medicaid provides more generous benefits than Medicare. Yet, the politicians want to reduce medicare benefits?

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  • HadIt.com Elder

Medicade is more generous than medicare. Medicade pays for eyes, dental and drugs. How many toothless vets do you see when you go out to the local VAMC? I see lots of people in awful condition. If they are not 100% SC they get very less than someone on medicade. This is one reason lots of young, poor women don't get married. They are better off getting welfare and medicade.

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I'll believe it when it's in the bank, till then I won't hold my breath.

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My understanding is the COLA is a computation of the rate in 08 vs what it is now in 11. To me that means -1.9 + 3.6= 5.5, but, we will have to wait and see. I do agree Something is far better than nothing.

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