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In reply to the discussion: Pete Peterson bankrolled debunked austerity study, could make billions off safety net privatization [View all]Triana
(22,666 posts)14. Forbes article about these "Fix the Debt" schmucks....
The Great American Retirement Scam: Why The Wealthiest CEO's In America Want To Take Away Your Social Security
THE REST:
http://www.forbes.com/sites/rickungar/2012/11/28/the-great-american-retirement-scam-why-the-wealthiest-ceos-in-america-want-to-take-away-your-social-security/
. . .Meet the Fix The Debt ganga collection of more than 80 of the nations most powerful and wealthy CEOs who have generously committed their time, money and lobbying efforts to contribute a solution to the nations debt crisis in the effort to avoid an economic disaster. And what do these great Americans have in mind as the recipe to cure our national ills?
A plan that leaves it to the poor and middle-class to pay off our burgeoning debt through the scaling back of Social Security, Medicare and Medicaid.
Certainly, there is nothing particularly new about the notion of the 1 percent looking to entitlements as the solution to debt, but these clever executives have added a few wrinkles to the plan that are well worth noticing as these corporate leaders are not simply content to simply lay the debt on the shoulders of those least able to bear itthey intend to make billions in the process.
Their proposal comes complete with ideas ranging from granting themselves some sweet tax breaks via a change in the tax laws that would allow their companies to return overseas profits to the US tax freeinstantly dropping some $134 billion to their companies collective bottom lineto a well buried benefit that will earn them billions as a direct result of modifying Social Security to delay benefits to the millions who will suffer.
And all of thisthey would have us believeis in the interest of serving their country.
A plan that leaves it to the poor and middle-class to pay off our burgeoning debt through the scaling back of Social Security, Medicare and Medicaid.
Certainly, there is nothing particularly new about the notion of the 1 percent looking to entitlements as the solution to debt, but these clever executives have added a few wrinkles to the plan that are well worth noticing as these corporate leaders are not simply content to simply lay the debt on the shoulders of those least able to bear itthey intend to make billions in the process.
Their proposal comes complete with ideas ranging from granting themselves some sweet tax breaks via a change in the tax laws that would allow their companies to return overseas profits to the US tax freeinstantly dropping some $134 billion to their companies collective bottom lineto a well buried benefit that will earn them billions as a direct result of modifying Social Security to delay benefits to the millions who will suffer.
And all of thisthey would have us believeis in the interest of serving their country.
THE REST:
http://www.forbes.com/sites/rickungar/2012/11/28/the-great-american-retirement-scam-why-the-wealthiest-ceos-in-america-want-to-take-away-your-social-security/
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Pete Peterson bankrolled debunked austerity study, could make billions off safety net privatization [View all]
HomerRamone
Apr 2013
OP
How so? THIS Blue Team has offered up and handed over unasked, that which...
TheMadMonk
Apr 2013
#51
That's just it, we are all supposed to treat our 2 parties like teams so we will get carried away
Dustlawyer
Apr 2013
#20
I agree to the extent that it will take a HUGE number of people marching and holding out
Dustlawyer
Apr 2013
#42
May I remind everyone that Pete Peterson headed the committee that picked Timothy
JDPriestly
Apr 2013
#22
Is this the same Blackstone Group which is buying up foreclosed single family homes? nt
avgjo
Apr 2013
#32
Some of these people had dreams of reversing ALL of FDR's New Deal under Ike...
Spitfire of ATJ
Apr 2013
#36
He's worse. He has the president of the United States and Congress wrapped around his finger. n/t
duffyduff
Apr 2013
#54
It doen't matter what "math" and "facts" say: this President stands firm.
MannyGoldstein
Apr 2013
#47
is there any idea too stupid or destructive that our politicians won't enact if the price is right?
yurbud
Apr 2013
#49
This story was posted early Sunday. I want to kick it again. It is huge to my mind.
JDPriestly
Apr 2013
#68