11:57 pm, April 19, 2014

FederalNewsRadio.com - Purpose of Comments statement Click to show

Hubbard Radio, LLC encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comment boards following articles, blog posts and other content can descend to personal attacks. Please do not engage in such behavior here. We encourage your thoughtful comments which:

  • Have a positive and constructive tone
  • Are on topic, clear and to-the-point
  • Are respectful toward others and their opinions

Hubbard Radio, LLC reserves the right to remove comments which do not conform to these criteria.

  • 17
       

  • The baloney yearly COLA deal
    PAULE
    Cost of living going up what cost of living is going up??? Not gas, or food, or health care, anything under 2% is a joke.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Are we really beggars now?
    contrarian
    friends make no doubt about it, we are hosed no matter what happens. The fiscal cliff is real. All the bad news is being pushed until next year. We are looking at huge tax increases, pay cuts and a recession next year. Corporate profits are finally coming back down to Earth, yet the Fed is juicing the stock market. I see all this and ask who does this manipulation benefit? The puppeteers would say they're doing it all for us. Do you really believe that? If so, we are already Rome.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • House of Cards
    Rob
    I agree. There's no way to avoid the double dip recession that's on the horizon. The Fed has built a house of cards with the juicing of the market. Get ready for those daily 300-600 point losses in the DOW. They're coming!
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • A Fragile House of Cards
    Linda
    Rob you are right, it is a house of cards and it is very fagile. Saw a short video on You Tube where an Accountant is showing where there would still be a deficit even if there was no govenment. That the revenues coming in do not cover the cost of the interest, Social Security Benefits, Medicare Benefits and TARP. Even if there was no other cost of government such as a war. Can't vouche for his figures, but I do not doubt them. The only way out of this is to cut services, increase retirement ages, and increase taxes. But, due to our political system that isn't going to happen as congress wants re-elected and you can't get elected if you increase taxes. I just hope this house of cards holds up another 40 years, (probably dead by then) but I doubt it.............................................. I foresee a huge increase in taxes for those of us who saved for retirement. And a lot of hardship for those who didn't. At this point I am just hoping my TSP is still there and Congress doesn't steal it saying it is Taxpayer Money and was too generous. I have just about given up on having a pension, not quite, but close.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Another Punt
    Rob
    Every other year is an election year so if anything is going to be done about the deficit it'll have to happen in 2013. Nobody wants to do anything in an election year. That's sad but its reality. If I had to bet on what happens in Nov I'd say Obama is re-elected and the GOP loses some seats in the House but maintains control. Control of the Senate is a coin toss.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Yet Another Punt
    Linda
    Yet again, I would have to say you will probably be right on the make up of the Presidency, House and Senate. I actually prefer a split Congress and President because more common sense things get done. I.e. Clinton and his Congress.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • We agree on something
    Moderate
    I believe there will be a very substantial loos in the Dow. If there is a recession, which I think there will be, then, I believe, go well below 10000. As to whether they will be one day losses or not, who knows? I will disagree with Linda and probably you, it is the economy. I compare this to the recession of about 1937 or 1938 after the Republicans were elected and money was tightened. It is happening again now.------Linda, I expect to retire next year and start collecting my pension the following year(CSRS) You will get your pension and keep your TSP.----I remember a few closures during the Clinton and Republican Congress years, but not a great deal of items getting done. I guess it depends on what you define as items getting done.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COLA
    Bud
    I'm CSRS retired.A 1.38% COLA is certainly better than nothing,but it'll be offset by health premium increases.I've lost all faith in the COLA formula since it doesn't reflect the much higher true inflation rate.And I empathsize with working FEDS who are getting royally hosed again in 2013.The fiscal cliff is coming quickly.It seems our congressional/administration/Bernanke "geniuses" are just trying to postpone the inevitable recession/high inflation/even depression scenario.Everything I've ever known about economics isn't being ptacticed by these clowns.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Good point about FEHB
    Moderate
    This is after the facts are out. Family BX standard will be about $200 next year for employees next year. Figure on a similar rise for retirees.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COLA
    Bud
    I'm CSRS retired.A 1.38% COLA is certainly better than nothing,but it'll be offset by health premium increases.I've lost all faith in the COLA formula since it doesn't reflect the much higher true inflation rate.And I empathsize with working FEDS who are getting royally hosed again in 2013.The fiscal cliff is coming quickly.It seems our congressional/administration/Bernanke "geniuses" are just trying to postpone the inevitable recession/high inflation/even depression scenario.Everything I've ever known about economics isn't being ptacticed by these clowns.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • NUF said
    Putt-Putt
    The way I see it, so-called federal non-discretionary, social welfare spending is like capsaicin - it doesn't actually kill the desire to better one's position in life, it just numbs you in to believing the you can't do anything without government assistance. Yes, it's a defense mechanism to ensure socialism is seen as a good thing.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • What Controversy?
    Rob
    Romney says 47% of Americans don't pay federal income tax and those dependent on government probably won't vote for him. Why does this statement anger people? I thought we wanted politicians to speak the truth.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • The Problem
    Linda
    Part of the problem with Mitt's statement is a large part of the people who don't pay taxes are the elderly who mainly have Social Security and savings (principal and little interest right now). They are afraid that Mitt will raise their taxes and lower his own. Not saying that is true, but that is the feeling. The other's who also don't pay are the ones with minimal to moderate income and lots of kids Due to the excessively large number of credits and deductions they get. Those are some of the people who will have to pay in the highest percentages if the Bush Tax Cuts go as written. DINKs will also pay more, but we didn't get the refundable credits so over all not such a shock to the system.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • To Putt Putt and Rob
    Moderate
    Are you writing about public school assistance, road building assistance, overpayments to defense contractors, payments to keep our air and water clean, inspectors of food, vitamins and other things, medicare, research, etc. These are all social welfare items, except for defense. Or are you for eliminating these social welfare items and going back to the sweatshop era? Since we are a mixed economy, it does include socialism as well as capitalism. Rob, it angers people because Romney does not give a darn about these people. And of course 47% do not pay federal income taxes. Minor children do not pay. Those that live on social security do not pay. Those who are in poverty do not pay. Do you want your pound of flesh or suck bllod out of a stone?
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }