Do it make you feel sick to think about? Do you feel like you are being used? How do you feel about it?
2007-10-27 02:46:19 · 8 answers · asked by Anonymous in Politics & Government ➔ Military
I'm not ranting the Fed will cut rates next week and the dollar will take a tumble. Do you people need to be spoon feed? Do you watch the business news?
2007-10-27 03:04:26 · update #1
This cuts that you mention are not intended to be read as you see fit or by trolls like you.
This are adjusments to Active Duty Soldiers and only affects a few.
2007-10-27 05:19:45 · answer #1 · answered by Mephisto 5 · 1⤊ 0⤋
Well said Just V. This is just an attempt by someone without military ties attempting to create the Anti-Bush crap. We all know in the military that the Fiscal year budget for 2008 has already been approved. The biggest concern should not be Cola or BHA cuts as much as the possible tax increases we will face for 2010. Most of these troublemakers fail to realize that we military pay the same taxes as anyone else.
2007-10-27 10:25:55 · answer #2 · answered by rance42 5 · 2⤊ 2⤋
1. Yes the COLA was reduced at least here in Korea over OCT-NOV 07 lower COLA rates are being phased in. 2 points on 1 OCT and 2 more points on 1 NOV for a total 4 point decrease in COLA for fiscal year 08.(1OCT07-30SEP08)
2. As far as Bush cutting my COLA I am quite sure he has many much more important things to worry about. The fact that you would try to "blame Bush" shows that you are one of two things:1.) A liberal 2.) a fool. I would actually guess both since the two usually go hand in hand.
3.The COLA rate is based on a mathematical formula comparing the price of a list of commonly purchased items in the US and the overseas country.
4. COLA is designed to give american military overseas the same spending power they would have if they were stationed CONUS. Yes the dollar is declining on the world markets thereby raising the price for goods bought on the economy overseas however the prices are rising in America even faster hence the decrease in COLA.
2007-10-27 10:16:16 · answer #3 · answered by Just V 1 · 5⤊ 3⤋
There is an organization known as the senate Armed Forces committee. Here's the link. Now, i don't know exactly what their job is, but once you see who is on it, I am not so sure THEY have any idea what their job is either.
2007-10-27 12:19:01 · answer #4 · answered by Barry auh2o 7 · 0⤊ 0⤋
COLA changes weekly. it will rise and fall according to how strong the Dollar is against the local currency. Bush has squat to do with that.
2007-10-27 11:46:23 · answer #5 · answered by Mrsjvb 7 · 2⤊ 1⤋
Do you have a source for all of this? I know you like to a come on here and try to start trouble. You may have your Q/A set to private but your name sticks out like a sore thumb.
2007-10-27 09:55:28 · answer #6 · answered by Anonymous · 3⤊ 4⤋
I smell a rat. Just another baseless rant from you.
2007-10-27 09:57:40 · answer #7 · answered by The Voice of Reason 7 · 5⤊ 2⤋
Much the same as Americans at home feel, however this has not happened yet, and there is no proof that it is about to.
2007-10-27 09:53:22 · answer #8 · answered by bgee2001ca 7 · 4⤊ 4⤋