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Sat Apr 9, 2016, 08:29 PM

 

Bill Clinton's pact with Newt Gingrich to Privatize OUR Social Security

Did You Know THIS? "The Pact: "Clinton, Gingrich, Bowles"

(How Many Knew This? ...I was too busy Defending Bill and Hillary against the RW CRAZIES to notice this at the time. I was new to the Internet and Clinton was MY and OTHERS...OBAMA!...I couldn't believe the Crap the RW Threw Against Him! I lost Friends defending him

NOW ....I'm Rethinking what I used to think about Clinton...when I was a Loyalist to him...)

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How Monica Lewinsky Saved Social Security: Clinton, Gingrich, Bowles and “The Pact”

Please welcome Steven Gillon, author of The Pact: Bill Clinton, Newt Gingrich, and the Rivalry that Defined a Generation

Gillon writes:


In private conversations with Gingrich and with Texas Republican Bill Archer, powerful head of the House Ways and Means Committee, the president promised to “provide political cover” for Democrats and Republicans by announcing his support for raising the minimum age required for Social Security and for changing the COLA formula. The president was willing to oppose the leadership of his own party and support the Republican demand for private accounts.

According to Gingrich:


“I understood that I would have to fight some of my old guard,” Gingrich recalled. “He understood that he would have to fight his hard left. Together we could shape about a 60 to 65 percent majority. I was happy for him to be a successful president. He was comfortable with us being a successful Republican congress.”

It looked like they had a path to success. Clinton would take the heat from Democrats and work through “centrist” Democrats and Republicans, as he had when he passed NAFTA and welfare reform.

And then Monica Lewinsky broke into the headlines:

Politically, it forced Clinton to seek refuge in the liberal wing of his party, the same group he had agreed to abandon a few months earlier. “All opportunities for accomplishment were killed once the story came out,” reflected a senior White House official. “If we cut a deal with the Republicans on Social Security there was every possibility that the Democrats, who were the only people defending him in Congress against these charges, could easily get angry and abandon him.” With conservatives in an uproar, Gingrich lost his political wiggle room and was forced to appease his right-wing base. If Gingrich did not “feed the conservative beast,” recalled a colleague, he would have been removed from his job as Speaker.

As Erskine Bowles himself said, “Monica changed everything.”

http://firedoglake.com/2010/05/18/how-monica-lewinsky-saved-social-security-clinton-gingrich-bowles-and-the-pact/
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Don't think Hillary will save it...

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 08:32 PM

1. Hillary is open to raising the age AGAIN. There's not enough jobs and who'll hire all the 67 yr olds

 




I saw a government rating I need to find again that stated for the number of existing jobs, retirement in this country should be 55! So.....Hillary don't tell me you can just raise the age again.

Bernie's plan is real!

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Response to ViseGrip (Reply #1)

Sun Apr 10, 2016, 08:24 AM

9. And means-testing the rest of us, a divide-and-conquer strategy.

 

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 08:32 PM

2. Professional liars. And cut the damn cap on SS

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 08:34 PM

3. Gingrich? You believe him?!

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 08:36 PM

4. Mr. Simpson of Simpson Bowles was invoved, and it was Monica who stopped it all.

 

So, you didn't hear about it, cuz Monica sold more papers and derailed anything in the works. The rest of his time....was impeachment.

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 08:44 PM

5. Hillary's already said she'd consider raising retirement age and make SS a means-tested

Welfare program for certain types of seniors.

She's already laying the groundwork to screw us if she becomes president which is one of the main reasons why I'll never support her.

And I've seen that story on Bill before, but I wasn't aware of it when he was president. He's even grosser than I thought he was.

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Response to CharlotteVale (Reply #5)

Sat Apr 9, 2016, 08:49 PM

6. Never ever trust her or vote for her EVER!

 

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Response to ViseGrip (Original post)

Sat Apr 9, 2016, 09:01 PM

8. Why else would the banks give her so much cash?

 

The results of a Clinton presidency should be glaringly obvious to all.

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Response to PowerToThePeople (Reply #8)

Sun Apr 10, 2016, 08:27 AM

10. you got it. They want to get their hands on that trust fund and loot it just like they did to

everything else.

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