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Barney Frank: 'People Sitting On Their Asses-Telling Some Woman On Her Feet That 67's TOO Early...'

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:21 PM
Original message
Barney Frank: 'People Sitting On Their Asses-Telling Some Woman On Her Feet That 67's TOO Early...'
In an interview with TPM, Rep. Barney Frank (D-MA) -- the top Dem on the House Financial Services Committee -- dismissed outright, and in Frank-esque terms, the idea of reducing seniors' cost of living adjustments, or increasing the Medicare eligibility age. "That's people who've been sitting on their asses their whole lives telling some woman who's been standing on her feet as a store clerk that 67's too early for her -- she should do it till she's 70."

But he distinguished those sorts of benefit cuts from means-testing of both Social Security and Medicare, which he said would be appropriate steps to take to improve America's fiscal situation.

"A means test done in an efficient way isn't a problem," he said. "I understand that. Like in Social Security. We already have a partial means test. I get Social Security. My Social Security income is taxed as it should be. I would increase the tax rate on my Social Security income. You don't want to means test it up front -- that becomes awkward -- but say you're making more than $100,000? Tax my Social Security at 95 percent. That's fine. There's an easy way to do that."

On Medicare, "I would be for increasing copays for people above a certain income," Frank said. "I think high copays for people making more than $100,000 is perfectly reasonable."

http://tpmdc.talkingpointsmemo.com/2011/07/pelosi-outlines-revenue-free-path-forward-on-debt-limit-fight.php?ref=fpb
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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:24 PM
Response to Original message
1. I guess Barney is correct, If you make more than 100,000 you afford more.
Edited on Fri Jul-22-11 07:25 PM by Stuart G
. What percentage of seniors make more than 100,000..I would like to know.
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Mojorabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 01:48 AM
Response to Reply #1
20. I disagree
I doubt the percentage of people making that amt is very big. Once you let them tinker with means testing, it changes the program. YOu Know they'll continue to lower the threshold if you let them start. I also disagree with taxing it away on the other end.It presents the same problem, ie talking about taxing it at a 95 percent rate. Let the wealthy pay more on the front end by increasing the cap and then let them collect their payment like everyone else.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:26 PM
Response to Original message
2. How many people actually wait til the full retirement age anyway?
Edited on Fri Jul-22-11 07:28 PM by dkf
Most people I know collected at 62 and took the cut.

It's deceptive to say people have to wait til full retirement age.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:30 PM
Response to Reply #2
6. You are nuts. Those that "retire" early suffer serious reductions. Why do you hate our seniors? nm
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RebelOne Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:42 PM
Response to Reply #2
8. Though I was still working at 65, I filed for SS.
That supplement was a big help in being able save a little extra money. Glad I did. I was laid off my job last year. Fortunately, I was able to also collect unemployment benefits. Those benefits will expire in October. But along with my savings and SS benefits, I should be able to survive a few years before I have to eat cat food.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:58 PM
Response to Reply #2
11. I'm not surprised that you don't know people who are struggling.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 05:34 AM
Response to Reply #2
23. Many of us can't afford health insurance! We would love to retire early
Hell my dad retired when he was 55 with a good union pension plan that included health care, but that was back in the good old days! Now we have to work until we die!!
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Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 03:38 PM
Response to Reply #2
37. No Medicare at age 62 eom
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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:27 PM
Response to Original message
3. K&R!
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:28 PM
Response to Original message
4. POW!
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:30 PM
Response to Original message
5. direct hit.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:31 PM
Response to Original message
7. Many people arent allowed to work until 67. Age discrimination abounds. Many are forced out
Edited on Fri Jul-22-11 07:32 PM by rhett o rick
at 55 and have to wait until 67. Now the cruel Republicans want them to wait longer.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:10 AM
Response to Reply #7
24. Forced to take a min wage job because of their age. That's the republican
Edited on Sat Jul-23-11 07:11 AM by B Calm
plan to have millions of desperate, hungry, baby boomers to hire as cheap labor.
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Patiod Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 11:00 AM
Response to Reply #7
35. I heard some "bipartisan think tank" idiot say we all have desk jobs
He was telling the interviewer on NPR that "most of us work and desk jobs, and can keep working well past 65". Really?

People are rushing to hire the over-50 set?
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 11:08 AM
Response to Reply #35
36. And many employers find ways of dumping the older employees. nm
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:49 PM
Response to Original message
9. Barney Frank is correct
but I hope he and other Democrats tie that cutoff point to inflation instead of setting it into stone and gradually pushing more people into poverty when they have the bad luck to get sick.
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NC_Nurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:57 PM
Response to Original message
10. Barney is right. let these assholes try working as a nurse when they're 70.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 12:52 AM
Response to Reply #10
18. "It's deceptive to say people have to wait til full retirement age!"
See post 2!
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:11 AM
Response to Reply #10
26. That's what I've been saying: Do they want someone pushing 70
doing their loved one's chest compressions? :-)
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eilen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 10:40 AM
Response to Reply #10
34. I actually know a 70 year old nurse who has been having
trouble finding work and keeping her jobs. She knows she can't hack the hospital floors and doesn't try there but she says she gets a lot of age discrimination. Her husband died and she did not have enough with SS to cover all her bills and healthcare.
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myrna minx Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 07:58 PM
Response to Original message
12. K&R n/t
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:02 PM
Response to Original message
13. Recommend
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:19 PM
Response to Original message
14. Actually its people sucking on the publics tit telling her, while...
many never worked hard a day in their life. Washington is loaded with them they're called career politicians.
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 08:24 PM
Response to Original message
15. k and r
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 12:37 AM
Response to Reply #15
16. +
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 12:47 AM
Response to Original message
17. My mom worked on her feet for decades and had heel spurs by the time she was 57.
Every day of every year afterward was painful. Eight hours a day every day. She also blew two rotator cuffs.

She worked on an assembly line for DuPont (then bought out by Dade) and never thought that unionizing was okay until they started firing the old ladies near her age in order to rob them of them of their pensions. Fortunately, after months of actually yelling in her face we convinced her to take early retirement so she could avoid the firing line.
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 01:02 AM
Response to Original message
19. recommend.
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 04:17 AM
Response to Original message
21. K&R!!!!!!!!!!!!!!! n/t
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 04:32 AM
Response to Original message
22. I get so god damn mad when I hear people are living longer now. A
big part of that is because the infant mortality rate is better now than what it use to be.
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:11 AM
Response to Reply #22
25. ^ Exactly! ^ n/t
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:17 AM
Response to Reply #25
28. If only people would use their common sense when they hear this
right-wing propaganda.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 04:27 PM
Response to Reply #22
38. I read on DU awhile ago that people live longer if they
are rich
not as long if they have struggled through life
the money makes the difference
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 04:52 AM
Response to Reply #38
39. That's a fact
Rich people have may advantages, not least of which is access to health care of their choice.
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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:16 AM
Response to Original message
27. I'll add : people who get taxpayer-funded health care insurance telling
Edited on Sat Jul-23-11 07:41 AM by PA Democrat
people who do not have such generous benefits (if any at all) they should continue to be extorted by the for-profit insurance racketeers for another 2 years!

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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:19 AM
Response to Reply #27
29. That's my wife's aunt who is retired from the VA.
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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:44 AM
Response to Reply #29
30. Austerity for thee, not for me.
I've found that people of this mindset feel they "earned" their benefits, but have the selfish misperception that the rest of us did not.
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:48 AM
Response to Original message
31. K&R
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MrMickeysMom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:49 AM
Response to Original message
32. Amen, Barney!
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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 10:05 AM
Response to Original message
33. I totally agree with Barney.
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