If you don’t know who Pete Peterson is, let me help you (We like helping!):
…we can now return to the never-ending attempt by conservatives to gut Social Security. One of the key figures and bankrollers in that attempt is financier Peter Peterson. By key, I mean that he has spent around one billion dollars financing the Peterson Foundation, which advocates various ‘fiscal responsibility’ measures (i.e., making Granny eat cat food) and slashing Social Security benefits… But as always, one must follow the money, since Peterson’s ‘charity’ seems rather self-interested–and not in the sense of ‘healthy children are good for all of us’
Last weekend, while most humans were trying to enjoy themselves, the Peterson Foundation held a series of
well-staged propaganda pieces meetings called America Speaks. Despite this being a lengthy attempt at brainwashing, it didn’t seem to take.
Participants were given an option to choose how they thought the non-existent crisis* should be addressed. The top choices:
•Raising the limit on taxable earnings in Social Security
•A 5% tax increase on people making over $1 million dollars a year
•A carbon tax
•A tax on financial transactions
I’m guessing these were not the answers Peterson wanted**. I would appear Pete Peterson’s anti-Social Security propaganda didn’t seem to take, thank the Intelligent Designer. I’m impressed by the common sense shown by my fellow citizens, since many Democratic ‘leaders’ have either not pushed back on this propaganda or, worse, supported it.
Or maybe most Americans are just Dirty Fucking Hippies.
*I’ve dealt with this ad nauseum, but as I’ve written many times before, without a decades-long economic slump, the annual revenue generated by the Social Security payroll tax plus the liquidation of the trillions of dollars of U.S. securities held by the Social Security Trust Fund will adequately cover all expected payouts. The budgetary crisis has to do with the general budget (and national debt)–and that is due to uncontrolled healthcare costs. Why one would be motivated, instead, to consider slashing the most successful anti-poverty program in U.S. history as the first option in order to solve a general budgetary problem (as opposed to further reducing runaway Medicare costs, cutting other areas, or raising taxes–AAAIIEEE!!!) is puzzling. Given that Peterson is not stupid, and presumably understands the finances of Social Security, I assume he’s a moral degenerate.
**In fact, they’re expanding the list of ‘top’ in order to get their desired outcomes on the list.