Bill Black: Wall Street Uses the Third Way to Lead its Assault on Social Security
Third Way, lobbyists for and from Wall Street who are leading the effort to enrich Wall Street by privatizing Social Security, was created by Wall Street to fool some of the people all of the time. I have written previously here and here to expose their fictional claims to be a moderate or liberal Democratic group.
Eric Lautner documented Wall Street’s effort to become even wealthier by privatizing Social Security in articles and his recent book (“The People’s Pension: The Struggle to Defend Social Security Since Reagan (AK Press)).
Read more at
http://www.nakedcapitalism.com/2012/11/bill-black-wall-street-uses-the-third-way-to-lead-its-assault-on-social-security.html#qlZRxCUpxgq2Wbf2.99
The “left” is not divided on the need to oppose austerity and the Great Betrayal. Third Way is not left or center or even right. It is Wall Street on the Potomac. Opposition to austerity and the Great Betrayal is not a left v. center issue. Wall Street’s proposed financial policies are terrible for virtually all Americans.
Here.
Whether one believes this or not, the pedigree of the organization, consisting of several people who either worked for companies who clearly perpetuated fraud to profit from the American people, or made their profit by shipping jobs overseas to the detriment of the American economy, has to give one pause.
Regardless, anyone who thinks we need to accept any cut to SS or Medicare, which will surely kill people and lead to tragedy for thousands of NEW victims, while we are paying people like Sheldon Adelson $40 billion a month to shore up his mortgage-backed assets, while at the same time removing over 700,000 of our neighbors from their homes during the 1.2ish million foreclosures that will complete this year shouldn't look at me as anything but an opponent.
