General Discussion
In reply to the discussion: AARP statement on Social Security Cut... NO!!!!!! [View all]libdem4life
(13,877 posts)$19 a year.
I've looked, but haven't found any other PAC with 35 million members and one major issue...seniors 50 and older. I've been a bit criticized on here as it has been considered Republican, which is probably true. I don't buy anything they have yet, maybe I will...we need some powerful punch to our rights and benefits with all of those "negotiators" and their whittling knives and carving tools.
Consider the option ... wait and vote in 2014 or at worst 2016. These alerts come out almost daily. The bottom line...keep your grubby hands off our benefits. No changes. Heck, one came out with a text with a number to call the white house. That's power I can get behind.
And about the foreclosure shame that effected seniors...here...
http://www.aarp.org/about-aarp/press-center/info-07-2012/AARP-Study-Foreclosure-Report.html
Millions of Homeowners Age 50 and Older Remain at Risk
WASHINGTON Today, AARPs Public Policy Institute (PPI) released a new study measuring the progression of the mortgage crisis and its effect on people age 50 and older. Looking at nationwide loan-level data for 2007 through 2011, the analysis finds that more than 1.5 million older Americans lost their homes since 2007. The study also finds that the percentage of seriously delinquent loans those in foreclosure and loans 90 or more days delinquent increased from 1.1 percent in 2007 to 6.0 percent as of December 2011 for people age 50 and older, a more than fivefold increase.
The collapse of the housing market has been especially painful for older homeowners, said Debra Whitman, AARP Executive Vice President for Policy.
According to the report, millions of older homeowners also remain at risk. As of December 2011, more than half a million (600,000) loans were in foreclosure and a similar number (625,000) were 90 or more days delinquent. Further, as of December 2011, 16 percent of loans belonging to people age 50 and older 3.5 million loans were underwater, meaning the amount owed on the loan is greater than the value of the property.
Older homeowners often rely on their home equity to finance their needs in retirement things like health care, home maintenance and other unexpected needs. The fact that so many older Americans have no equity at all is troubling, Whitman continued."