The DLC attack on Social Security -

[TBF]

In the first State of the Union address I got chills when President Obama stated that we need to "have a conversation" about Social Security:

"To preserve our long-term fiscal health, we must also address the growing costs in Medicare and Social Security. Comprehensive health care reform is the best way to strengthen Medicare for years to come. And we must also begin a conversation on how to do the same for Social Security, while creating tax-free universal savings accounts for all Americans."

Read the entire text of the speech here: http://www.whitehouse.gov/the_press_office/Remarks-of-P... /

Now in his big "compromise" with the Republicans we are told they will call for a 2-percentage-point cut in employees' Social Security payroll taxes that would add $120 billion to the deficit. I guess they won't be needing higher payroll taxes if they are cutting the program. (cite: http://beta.courierpostonline.com/article/20101207/NEWS05/101207022/1006/NEWS01)

This is not something he came up with yesterday - they've been planning it. This has wall street all over it - who do you think will be making fees off these "universal savings accounts"? Of course this is not new, the DLC has been trying to push this through for quite some time: http://www.dlc.org/ndol_ci.cfm?kaid=125&subid=165&contentid=695 (read the entire article - with emphasis on this statement "Maybe the proposal will help both the Left and the Right "get" one of the fundamental tenets of the Third Way: progressive goals can best be achieved through market means.")

Bottom line: Obama has been able to accomplish for the DLC what Clinton was unable to do - they have purged the party of progressive ideas. We are now a party of free market worshipers, supporting union-busting and other free market approaches.

We have no left. The hard left was purged in the 1950's and the progressives are now purged. Congratulations DLC: million accomplished.