Deficit-hawk and investment banker Pete Peterson has devoted a substantial part of his $2.8 billion fortune to pushing for cuts in entitlements like Social Security, in the name of deficit reduction. His Foundation lavishly funded the AmericaSpeaks “town hall” forums held on Saturday, the results of which will be presented to the national Deficit Commission this week — purporting to tell what the American public thinks about various deficit-reduction options.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Friday, July 2, 2010
Deficits, Social Security, and the American Public
from New Deal 2.0. A major effort to cut Social Security apparently has received a setback by the American people.