Celente: Government is Bribing Seniors

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Uploaded on October 16, 2009 by RussiaToday Powered by YouTube

Next year, for the first time ever, social security recipients will not receive a cost of living adjustment in their payments. Instead, Barack Obama is proposing a one-time $250 payment right before next fall's midterm elections. Gerald Celente says that the cost of living really hasn't decreased, the government is basing their measurements on a decreasing standard of living and the payout is just to keep people quiet.

Tags:
Gerald Celente, Trends Research Institute, Cola, Standard Of Living, Wall Street, U.s. Dollar, Federal Reserve, Debt, Barack Obama, Dina Gusovsky, News & Events

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