Reply #10: K&R Max Baucus and Alan Simson are now in charge of Social Security Reform...

[lib2DaBone]

..They want to meet behind closed doors and Mr. Obama wants their decision to be "Binding" on Congress.

The Presidents Committee on Financial Reform is being consulted by The Pete Peterson Group, a Washington Looby firm of infamous Banksters and IMF thugs. They are coming for our Social Security... and they are GOING TO GET IT!
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http://www.thenation.com/article/looting-social-security

Governing elites in Washington and Wall Street have devised a fiendishly clever "grand bargain" they want President Obama to embrace in the name of "fiscal responsibility." The government, they argue, having spent billions on bailing out the banks, can recover its costs by looting the Social Security system. They are also targeting Medicare and Medicaid. The pitch sounds preposterous to millions of ordinary working people anxious about their economic security and worried about their retirement years. But an impressive armada is lined up to push the idea--Washington's leading think tanks, the prestige media, tax-exempt foundations, skillful propagandists posing as economic experts and a self-righteous billionaire (Pete Peterson) spending his fortune to save the nation from the elderly.


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http://www.huffingtonpost.com/roger-hickey/this-week-obamas-deficit_b_550807.html

It really does look bad - just as the White House is warning more progressive members of the Obama Commission to hold off on publicly talking about the commission's work - to allow the two co-chairs to attack senior organizations (as Simpson has, since being named) and to declare that Social Security and Medicare have to be cut (as Bowles recently did) and then to participate in this Peterson "summit" so obviously meant to push the White House in a conservative direction.