Blue Dog Democrats and Republicans Are Out to Kill Social Security and Medicare

Wall Street Propaganda: Blame Social Security

Posted By Mike Hall On May 26, 2010 @ 5:04 pm In Economy, Legislation & Politics | 8 Comments

The President’s Fiscal Commission is holding its second pubic meeting today and when commission members say “everything is in the table,” the biggest things they are talking about are Social Security and Medicare.

The commission was created by an [1] Executive Order from President Obama in February after a move to create a commission with much broader powers [2] failed in the Senate. The current commission’s charge is to propose ways to address the nation’s growing debt. The 18-member commission will meet throughout the year and then present its recommendations to Obama after the fall elections. (For more information, visit [3] Social Security Works.)

Conservative groups and Wall Street insiders, says [4] Dean Baker, co-director of the Center for Economic and Policy Research ([5] CEPR),

are spending more than $1 billion dollars to convince the public that slashing these programs [Social Security and Medicare] is the only way to protect our children and grandchildren from poverty.

Continue reading Blue Dog Democrats and Republicans Are Out to Kill Social Security and Medicare