Fri Nov 16, 2012, 04:30 PM
Bill USA (3,535 posts)
Wall Street uses Third Way to to Lead Its Assault on Social Security
Third Way, lobbyists for and from Wall Street who are leading the effort to enrich Wall Street by privatizing Social Security, was created by Wall Street to fool some of the people all of the time. I have written previously to expose their fictional claims to be a moderate or liberal Democratic group.
Eric Laursen documented Wall Street’s effort to become even wealthier by privatizing Social Security in articles and his recent book ("The People’s Pension: The Struggle to Defend Social Security Since Reagan" (AK Press)).
I showed that Third Way makes itself useful by providing a faux “liberal” or “moderate” “Democratic” quote machine that can be used to discredit Democrats and Democratic policies such as the safety net. I gave examples of how Third Way gave aid and comfort to the effort to defeat Elizabeth Warren and the effort to unravel the safety net. Third Way continues to prove that you can fool some of the people all of the time.
The National Journal ran an article on November 8, 2012 entitled “Left Divided over ‘Grand Bargain.’”
“Groups concerned with protecting entitlements such as Social Security and Medicare are finding themselves at odds over whether an overarching fiscal deal during Congress’s end-of-year session would help or hurt their cause.
The AFL-CIO organized a day of action on Thursday–part of a broader post-election campaign to protect entitlements–with dozens of events scheduled nationwide to urge lawmakers to avoid such a deal.
2 replies, 707 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Wall Street uses Third Way to to Lead Its Assault on Social Security (Original post)
|Bill USA||Nov 2012||OP|
|sabrina 1||Nov 2012||#1|
Response to Bill USA (Original post)
Fri Nov 16, 2012, 04:35 PM
sabrina 1 (47,432 posts)
1. I don't think the Left/Democrats are divided over the Grand Bargain.
The Third Way is not the Left. Their policies are far more in line with Republicans. What they are doing in the Dem Party is something that needs to be explained.