Monday, July 19, 2010

The only reason to cut or eliminate SS and Medicare ...

... if cuts are proposed and enacted in Social Security and Medicare, they will hurt millions, weaken the economy, and the deficits will not decline. It’s a lose-lose proposition, with no gainers except a few predatory funds, insurance companies and such who would profit, for some time, from a chaotic private marketplace. [emphasis added]

-- Galbraith Blasts Alan Simpson: He “Lacks the Temperment to Do a Fair and Impartial Job” on Deficit Commission by Jane Hamsher,
And our day-late and dollar-short 'democratic' President, the O-Bomb, is doing all he can to help the destruction along.

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