The Fight to Protect Social Security
OPS_admin | Jul 24, 2010 | Comments 0
The bipartisan National Commission on Fiscal Responsibility and Reform, which was created by President Barack Obama earlier this year, is using exaggerated rhetoric to heighten deficit fears at a time when many economists say more government spending is needed to spur hiring and avert a second dip in the worst recession since the Great Depression.
The commission – co-chaired by former Republican Sen. Alan Simpson and President Bill Clinton’s White House chief of staff Erskine Bowles – is talking about cuts to Social Security, Medicare and middle-class benefits like the home mortgage deduction rather than focusing on three key causes of the deficit: massive war and weapons spending, giant tax cuts for the wealthy, and the faltering economy.
By contrast, 40 leading economists, including Nobel Prize winners, issued a statement calling for more government action in the short-term while treating the federal debt as a longer-range problem.
“We recognize the necessity of a program to cut the mid- and long-term federal deficit but the imperative requirement now, and the surest course to balance the budget over time, is to restore a full measure of economic activity,” the signers wrote.
Full Story: Consortiumnews.com.
Filed Under: Featured • social issues
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
LEGALIZE Democracy
" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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