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In reply to the discussion: Change is happening because President Obama & friends are the community organizer that he is [View all]HiPointDem
(20,729 posts)humble his origins, he's currently a billionaire lobbying to raise the age for medicare and SS and having super-duper private meetings with the president.
Last night, Goldman Sachs CEO Lloyd Blankfein came out of the CEO meeting with President Obama and said that the President's plan to avert the fiscal cliff was "very credible."
It's still not clear what mix of spending cuts and tax hikes Obama is focusing on, but we do know that Blankfein, like many other CEOs, thinks that an increase in the retirement age is something that we should be shooting for as a way to alleviate the perceived entitlement crisis.
Read more: http://www.businessinsider.com/interview-with-james-galbraith-on-lowering-the-retirement-age-and-the-fiscal-cliff-2012-11#ixzz2DhgvJmNf