Wall Street Astroturf Anti-Entitlement Group Going Broke

By: Thursday February 13, 2014 12:14 pm

Can you say irony? The fake “millennial” group funded by Wall Street called “The Can Kicks Back” which supports cutting Social Security and Medicare to solve the debt problems and bring “fiscal sanity” to the budget has gone bust. Yes, the group created and funded by Wall Street to protest in favor of austerity to [...]

Is MyRA Wall Street’s Idea?

By: Wednesday February 5, 2014 8:45 am

One of President Barack Obama’s oddest proposals at the State of the Union was MyRA – my retirement account. MyRA will, in theory, provide an investment vehicle to help lower class Americans store what little money they can afford to save in a government backed retirement account. Even the theory is less than compelling but [...]

Maintaining Nuclear Arsenal To Cost $355 Billion

By: Thursday December 26, 2013 8:23 am

As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion. In these times is there a more telling comparison? Over one million Americans are casually tossed into the pain of poverty [...]

Third Way’s Attack On Elizabeth Warren Prompted By Calls For Expanding Social Security

By: Monday December 9, 2013 5:42 am

Why did Third Way launch an attack on Senator Elizabeth Warren? According to one of the op-ed writers it was Warren’s support for a plan to expand Social Security that was the “final moment.” Clearly an unforgivable offense against the bondholders that Third Way represents who want general austerity and cuts to Social Security to ensure [...]

Elizabeth Warren Pushes For Expanding Social Security

By: Tuesday November 19, 2013 6:01 am

Senator Elizabeth Warren responded to cynical attempts by the 1% and their media institutions to pit the 99% against each other by taking to the Senate floor and calling for an expansion of Social Security. She denounced attempts by groups like Fix the Debt and their fellow travelers in The Washington Post Editorial Board to [...]

Harry Reid Says No ‘Grand Bargain’ Coming, Van Hollen Remains Open

By: Friday October 25, 2013 5:59 am

Senate Majority Leader Harry Reid, speaking on Nevada Public Radio, let it be known that there is not going to be a “Grand Bargain”. While the Senate bill that ended the shutdown seemed to open the door for a deal that would cut Social Security and Medicare, Reid was adamant that was not going to [...]

Public Education Privatizers Join Fight To Cut Social Security

By: Tuesday October 22, 2013 8:29 am

To anyone who has followed the attempts to deform reform public education you will not only notice similar rhetoric to the Fix The Debt campaign, but behind the people like Michelle Rhee and Geoffrey Canada sit those very same rich oligarchs desperate to avoid paying taxes. The corporate cosmology of “letting the market decide” questions [...]

Democrats Opening The Door On Cuts To Social Security

By: Monday October 21, 2013 5:43 am

You would think after winning the shutdown and debt ceiling battle Democrats would press their advantage, instead they seem to be volunteering cuts to Social Security as a solution to a future budget deal. Senate Majority Whip Dick Durbin went on Fox News to promote a deal that would cut Social Security in exchange for [...]

Talks Begin On Debt Ceiling And Shutdown

By: Friday October 11, 2013 5:48 am

Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back. President Obama and [...]

Economic Confidence Craters As Shutdown, Income Stagnation, and Poverty Roil Americans

By: Tuesday October 8, 2013 10:32 am

We are now in day 8 of the federal shutdown and it seems Americans are rapidly losing faith that the powers that be can turn the economy around. Confidence in the economy has deteriorated more in the past week than in any week since Lehman Brothers collapsed on Sept. 15, 2008. And why not? Is [...]

Speaker Boehner Telling Colleagues ‘Grand Bargain’ Back In Play

By: Thursday October 3, 2013 5:55 am

The end result of the shutdown could be not only a victory for extortion tactics by the minority party, but also long lasting damage to the safety net with cuts to Social Security and Medicare. Speaker John Boehner is telling his Republican colleagues that negotiations are taking place behind the scenes on the so-called ‘Grand [...]

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