social security

In the very near future, President Obama will send congress his budget proposal for the next fiscal year.
It is imperative that we all send a message to the President to take social security off budget in his budget proposal to Congress for the next fiscal year.
This will prevent Congress from " borrowing " money from the social security fund and then telling participants and recipients of social security there are no funds for cost of living increases social security disability grants and retirement benefits.
Write to President Barack H. Obama
The White House
1600 Pennsylvania Avenue
Washington, D.C.
20500

student loans

Anyone who has a student loan or has a relative or friend who has a student loan is urged to send a message to his or her senators and members of the house of representatives and prevail upon them to forgo earmarks in the next fiscal year and use the $8B to buyout the existing loans and restructure them to a pre determined rate of simple interest through the U.S. Department of Education so that the lending program will be self supporting
Visit my website www.eugenedicerbo.com

An Idea for Student Loan Reform

$8 BILLION!
In the recent tax bill signed by President Obama, there were $8 billion in earmarks.

REFORM
My suggestion is for members of Congress to forgo the earmarks and use the money to buyout all existing loans and through the U.S. Department of Education restructure the loans to the original amount of the loan minus payments made to the principal and adding predetermined accrued simple interest since the time the loan was granted and set the loan at simple interest high enough to make the program self supporting and low enough to make higher payments on the principal.

This will result in a much better approval rate for Congress, be beneficial to constituents and improve the economy by having the loans repaid much earlier and making it possible for the purchase of luxury items.

A CALL TO ACTION
I ask all my blogging friends to send messages to their Senators and Representatives. Click here for a list of addresses for your Congressperson.

Tax Bill

With all the rhetoric about the importance of cutting our national deficit, Congress had the gall to add $8B in Pork Barrel projects to a tax bill and signed by President Obama into law.There should be a public outrage against such a reprehensible bill. That money could have been used for buying out all the student loans and restructure them at simple interest minus payments made and at a rate high enough to make the program self supporting and low enough for repaying the loans much sooner as explained in my recently published book, For A Better America:Observations, Insights, and A Plan for Action by A Ninety Five Year Old American, the theme of which is to motivate " We the people" to take a more active role in the affairs of government, available at Barnes and Noble. com.

Student Loans

According to news sources, more money is owed on student loans than on outstanding credit card debt.

One student borrowed $255,000 to become a doctor and upon graduation owed an outrageous $555,000. Students are in debt for most of their working lives. This is a disgraceful situation that needs to be changed.

So what's an alternative?

The Department of Education should grant student loans at a simple rate of interest-- high enough to make the program self supporting and low enough for students to make substantial payments on the principal.

This and more in my recently published book, For A Better America:Observations:Insights and A Plan for Action by A Ninety Five Year Old American available at Barnes and Noble.com

Social Security

I think it is terrible that changes are being considered for Social Security that will raise the retirement age, reduce benefits and cost of living increases.The answer is for the President to take Social Security OFF Budget when he makes his budget proposal for the next fiscal year. This will prevent Congress from raiding Social Security and using its funds for other purposes, thus denying or reducing benefits for Social Security recipients.

illegal immigration

It seems that President Obama is considering granting amnesty to illegal immigrants and thus making them eligible for social security benefits. This is unacceptable because these people have violated our laws and should not be rewarded with amnesty and social security benefits.What happens twenty or thirty years in the future? Do we grant amnesty to another multi million group of illegal immigrants?Please send a message to President Obama opposing amnesty for illegal immigrants.