Wall Street Agitates for Social Security Cuts

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Richard “RJ” Eskow: On the same day that Goldman Sach’s CEO issued his “balanced” demand for Social Security and Medicare cuts, a Wall Street-funded group published a poll precisely reflecting the wishes of Goldman Sach’s CEO. Coincidence? I report, you decide.

Social Security and The Koch Lies

Social Security

The Koch brothers have poured millions of dollars into conservative think tanks that crank out studies claiming Social Security is going broke. Their solutions – raise the retirement age and turn your contributions over to the casino of Wall Street. The short and gripping video from Brave New Films, “Social Security Echo Chamber,” traces the origins of these Koch-funded lies.

Deficit Commission: Keynesian by Default

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John Peeler: The fact is, neither liberals nor conservatives, neither Republicans nor Democrats, have the stomach for the major sacrifices that Simpson and Bowles are calling for, and it’s not at all clear that the public in general is ready either.

The Fight to Save Social Security Begins Now

Social Security

Shamus Cooke: Obama’s Deficit Reduction Commission attacks Social Security and Medicare. The retirement age would be raised from 67 to 68 (for those born after 1959) and from 68 to 69 (for those born after 2006). But current retirees will be affected too. The social security cost of living adjustment will be unhinged from the inflation index, meaning, payments will decrease via inflation.

French Protestors: “Where Are You Americans?”

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Steven Hill: “Where are you Americans? Why aren’t Americans out in the streets? If Americans are angry, why aren’t they out in the streets like we are?” He said something quickly to his comrades in French, then reverted back to English. “It’s like Americans have gone to sleep or something. You used to have many protests.”

“Run, Rand, Run!”

Jack Conway

Berry Craig: Kentucky’s Tea Party-tilting Republican U.S. Senate candidate recently stopped in Louisville and Pineville for “meet and greet” sessions with voters. In Louisville, he pulled a speak and scram. In Pineville, Paul just skedaddled.

Financial Depression Spreads Among Seniors

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Sherwood Ross: President Obama has U.S. taxpayers paying billions to meet the costly payrolls of 50,000 troops and 190,000 contractors in Iraq while 20-million-plus jobless are looking for work in USA and can’t find it.

Can Progressives Get Coffee to the Tea Party People?

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Lycia Howell: To be blunt, all but a couple of Tea Party people were unable to express why they are angry in any specific terms.They voice sentiments along the lines that “Obama is ruining the country” or that immigrants are hurting us and some referred to a nasty rap song, “Press One For English,” but they could offer no specifics to back their feelings.

The Real News About Jobs and Wages: An Ode to Labor Day

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If we’ve learned anything from the Great Recession-Mini Depression of the last 18 months, it’s that the skewing of income and wealth to the top has made our economy far less stable.

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