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James C. Petersen commented on the diary post Social Security Was Itself A Compromise, Mr. President by masaccio.
And now the current tear down of SS in the Tax Plan. Read my post
“They are tearing down Social Security!
http://my.firedoglake.com/jcpetersen/2010/12/08/they-are-tearing-down-social-security/ -
James C. Petersen commented on the diary post They are tearing down Social Security! by James C. Petersen.
What is your reference for the transfer, I haven’t found an actual copy of the bill. However, even if they transfer the the funds for this round, is there any doubt they will use this as a precedent to make the 2% “permanent”. Then they will use the newly logged revenue stream (lower) as a [...]
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James C. Petersen wrote a new diary post: They are tearing down Social Security!
They say the devil is in the details. But this Tax Cut, so “reluctantly” endorsed by President Obama, may be more of a Three Card Monte game. In the negotiations, one of the concessions claimed by Obama was the 2% Payroll Tax cut, to be taken from the Social Security/Fica. There are two components, Social [...]
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