My friend is spending today, Memorial Day, sweating over his bookkeeping records for the past year. He received a notice in Saturday's mail informing him he must show up at Social Security office on June 1 with all of his records: earnings, expenditures, bills, statements, checks, rent, medical bills, or risk losing his Social Security and his Medi-Cal. Why? Two years ago his rent was raised. Social Security, in their wisdom of budgetary cost cutting, ruled that he is voluntarily paying too much rent, so they lowered his income ceiling. The upshot, Social Security claims they overpaid him $100 each month for two years and is requiring him to reimburse them $2400. Either way, with or without the $100 extra per month, he is living close enough to the poverty line to just be getting by. Meanwhile, the biggest banks receive billions of federal dollars, no questions asked, when they practically destroy the economy by unsafe and illegal practices, and 2010 is the year all inheritances are tax free, no matter how large.
Yes, it makes me proud to be an amerikan -- happy memorial day! I know this is why those brave soldiers fought and died.