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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-29-10 06:31 PM
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More on the group that will "reform" Social Security..."enormous unaccountable authority"
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This is research from a Harvard watchdog group called the Neiman Watchdog.

The members of the commission have strong views on "reforming" Social Security. Their views show a clear agenda that will harm the middle class and our most vulnerable.

They will meet in secret, not in the open.

They will be using many resources and staff provided by a former member of Nixon's administration...Peter G. Peterson.
His views about Social Security and Medicare have been well known.

One of the scariest statements I have read lately is mentioned in the article. It is by Dick Durbin.

“Everything is on the table,” they say, but the members appointed by the minority leaders in the House and Senate have made clear that they do not believe that the problems in this country stem from under-taxing, rather from overspending. The one area that they seem to be in agreement on -- and which they are in fact, focusing on like a laser -- involves programs that help the middle class and those Americans who are the most vulnerable. Even liberal Senator Richard Durbin has stated, “the bleeding-heart liberals… have to…make real sacrifices to strengthen our nation.”


When I hear the term "bleeding heart liberals" from a Democrat I usually respect....I get the shivers.

Here is more about the commission, Peterson in particular...and the two co-chairs who scoff at liberals as well.

Has Obama created a Social Security 'death panel'?

Their title, not mine. But it's a good question.

The co-chairs, in particular, seem to have a clear agenda. Even before the commission held its first meeting, Erskine Bowles went on record before the North Carolina Bankers' Association saying that if the Commission doesn't "mess with Medicare, Medicaid and Social Security ... America is going to be a second-rate power" in his lifetime. (And he is already 64!) Alan Simpson, known for giving ugly voice to harsh, ageist stereotypes, described the future of the fiscal commission: "It'll be a bloodbath. Let me tell you, everything that Bush and Clinton or Obama have suggested with regard to Social Security doesn't affect anyone over 60, and who are the people howling and bitching the most? The people over 60. This makes no sense. You've got to scrub out of the equation the AARP, the Committee for the Preservation of Social Security and Medicare, the Gray Panthers, the Pink Panther, the whatever. Those people are lying... They don't care a whit about their grandchildren...not a whit."


Let those words sink in...scrub all of the safety net proponents out of the picture...Simpson says they are lying.

Sounds like their minds are made up.

And Peterson:

Q. Why is the Commission apparently working so closely with billionaire Peter G. Peterson, who served in the Nixon administration and who has a clear ideological agenda?

Q. Mr. Peterson has been on a decades-long crusade against Social Security. The day after the first meeting of the commission, which focused heavily on the need to cut Social Security, the co-chairs and two other members of the commission participated in a Peterson event that reinforced the same message. A Peterson-funded foundation is supplying commission staff. And Peterson’s foundation is funding America Speaks to develop a series of high-profile town halls across the country to host “a national discussion to find common ground on tough choices about our federal budget.” (For more background about Mr. Peterson, see William Greider in the Nation on Looting Social Security -- Part 2.)


Here is some of the article mentioned by William Greider at The Nation:

Greider points out that Peterson is forming his own media connections as the commission begins.

The Looting of Social Security

He's baaack--the Wall Street billionaire who wants to loot Social Security. This time, Pete Peterson has invented his own "news network" to promote his right-wing rants about shrinking the only retirement security system available to millions of working people. Peterson styles himself as a patriot saving the nation from fiscal insolvency and has committed $1 billion to that cause (a chunk of the wealth he accumulated at Blackstone Group, the notorious corporate-takeover firm). His efforts might be dismissed as ludicrous--except money does talk in Washington, and Peterson is now buying Washington reporters to spread his dire warnings.

..."The retired mogul has created a digital news agency he dubs "The Fiscal Times" and hired eight seasoned reporters to do the work there. "An impressive group of veteran journalists," Peterson calls them. I hope they have shaken a lot of money out of this rich geezer. Because I predict doing hack work for him will seriously soil their reputations for objectivity and independence.

With his great wealth, Peterson could have also bought a newspaper to publish his dispatches, but he did better than that. He hooked up with the Washington Post, which has agreed to "jointly produce content focusing on the budget and fiscal issues.


Ain't it amazing how the rich and powerful get their agendas pushed through? And the rest of us must get out of way.

Even more amazing are the comments of the co-chairs of the commission. They appear to be outdoing themselves in being snide and insulting toward the people who depend on Social Security.

Simpson refers to seniors as "old cats."

“These old cats 70 and 80 years old who are not affected in one whiff. People who live in gated communities and drive their Lexus to the Perkins restaurant to get the AARP discount. This is madness.”


Here are some words from Alan Simpson in a recent Newsweek interview:

Try this: Medicare, Medicaid, and Social Security will use up all the taxes—revenue—the government takes in this year. And to do the rest of governing we'll have to borrow, including for massive things like defense, homeland security, education. Those will be paid for by shaking a tin cup in front of the world. And China will probably be throwing more chips in the tin cup than any other country, just waiting patiently for us to expire under the debt. The people who distort the commission and try to scare people into doing nothing, let's say they win the day, and we don't do anything to try to bring down this debt. Well, great. They've got grandchildren, too, and in 40 years they'll be sucking canal water and picking grit with the chickens.


The other co-chair made a secret pact with Newt Gingrich in 1997. Gingrich met with the administration to begin the compromising regarding seniors who trusted Democrats to do right by them.

A deal with Gingrich

In the evening of Oct. 28, 1997, House Speaker Newt Gingrich headed to the White House to meet with President Bill Clinton, ostensibly to hammer out final details of the 1998 budget. In reality, Gingrich and Clinton were putting finishing touches on a deal to create a centrist political coalition to fix long-term problems facing Social Security and Medicare.

..."While there were dozens of reform plans circulating around Washington, ranging from minor tinkering to radical overhaul, there was a growing consensus around "middle ground'' proposals that combined some structural changes in the retirement age with some form of private accounts.

..."The exact details would have been worked out later, but the broad outlines were clear. Gingrich was willing to give up the tax cut for a proposal that included private investment in Social Security. "The balanced budget bill was Act I,'' Gingrich reflected. "This was Act II.'' Instinctively, both men still wondered whether the other was setting a trap in preparation for the upcoming elections. Would Clinton leak word that Gingrich was once again trying to tamper with Social Security and Medicare, reinforcing his image as hostile to the old and poor? Would Gingrich tell reporters that the president was ready to accept the centerpiece of Republican proposals for Social Security: privately funded accounts?


Also thanks to Hannah Bell for the previous post on this article today.

The agendas on education and the safety nets of Medicare and Social Security appear to be preset. I hope I am wrong.

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