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Is S&P Running Interference for the Right to Help Crush Social Security and Medicare?

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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:20 AM
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Is S&P Running Interference for the Right to Help Crush Social Security and Medicare?
http://www.thiscantbehappening.net/node/568

An 'Oh Please!' Moment: Is S&P Running Interference for the Right to Help Crush Social Security and Medicare?
Dave Lindorff

snips:
As Prof. Galbraith notes, the US can continue to print money to repay its debts, because they are denominated in the same currency.

...what S&P is talking about--a risk of default on current US debt--is simply absurd, and does raise questions about behind-the-scenes pressure from some nefarious actors on the right anxious to do away with Medicare and Social Security before todays Baby Boomer population becomes the biggest retirement and Medicare-entitled voting bloc--both numerically and proportionally --in the nations history.





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Cassandra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:23 AM
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1. Yes.
They've already whored themselves out to the banks, what's one more trick?
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:24 AM
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2. The timing was too convenient to be anything but
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:29 AM
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3. yes....they want to convince people that stock market gambling is a more secure alternative than SS
But we all know how that plays out.....Wall Street barons getting richer while the working class dies off sooner and poorer.
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CelticThunder Donating Member (460 posts) Send PM | Profile | Ignore Mon Apr-25-11 11:40 AM
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4. No doubt about it.
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