Posts tagged ‘Social security’

Hultgren and Ribble Republicans trying to end Social Security?

by , posted on Wednesday, October 16th, 2013 at 8:00 am

Looks like Randy Hultgren is finally trying to make good on some of the promises and agendas he offered at an Oswego Town Hall Meeting the summer of 2012 when he said “I’m not planning on Social Security. Most people my age aren’t planning on Social Security.” At the time, Hultgren actually paused a few moments and looked around for cheers which did not come forth. His pronouncements fell on dumbfounded ears–people could hardly believe he was attacking Social Security.

But now, over a year later, Hultgren has found about fifty other like-minded people in the House of Representatives. After joining the Suicide Caucus in August to shut down our government in their effort to defund Obamacare, Hultgren has additionally joined with fifty other Republican House members to demand Boehner use the government shutdown to negotiate Social Security reductions.

In a letter drafted by Wisconsin Representative Reid Ribble, and signed by Hultgren and 49 other House Representatives, the signers demand Boehner use the “ongoing fiscal discussions” and “this window of opportunity” (i.e. government shutdown), to address the “long-term viability of Social Security.” The letter has four demands, three which would clearly lower retiree benefits. Hultgren, Ribble and the rest, call for upping the retirement age, cutting retiree benefits by changing calculations, and for using ‘means testing’ for recipients.

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Thom Hartmann: I thought we voted for Democrats

by , posted on Thursday, December 20th, 2012 at 5:30 pm

pf_pick_avatar_50 from The Big Picture, with Thom Hartmann (RT)

With just 13 days to go until America goes over the fiscal cliff – progressives across America are asking why President Obama chose to put Social Security cuts on the bargaining table. Why is the president letting Republicans hack away at Social Security – instead of presenting progressive solutions that can help us avoid the cliff?

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Hultgren long on spin, wrong on facts, empty of solutions

by , posted on Thursday, June 28th, 2012 at 7:00 am

Representative Randy Hultgren (R IL-14) showed typical Republican spin at his Oswego Town Hall meeting recently. When asked direct questions regarding taxes, healthcare, social security, and Citizens United, he was long on spin, wrong on facts, and empty of solutions.

One frustrated attendant who tried to get a direct answer on healthcare, commented after the meeting that Hultgren “…seemed detached and unfeeling. His voice was just so syrupy and sweet he appeared unbelievable and unconcerned.”

His comments on Social Security were a surprise but shouldn’t have been, given the Republican Party’s relationship to corporate money and financial companies wanting to gamble with social security investment money.

“I’m not planning on Social Security,” Hultgren said. “Most people my age aren’t planning on Social Security.”

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President Obama’s Big Deal: Cuts for Social Security, but No Taxes for Wall Street

by , posted on Wednesday, July 20th, 2011 at 2:45 pm

Cross-posted from Truthout, where it was originally published on July 18, 2011.

The ability of Washington to turn everything on its head has no limits. We are in the midst of the worst economic downturn since the Great Depression. Even though the recession officially ended two years ago, there are still more than 25 million people who are unemployed, can only find part-time work or who have given up looking for work altogether. This is an outrage and a tragedy. These people’s lives are being ruined due to the mismanagement of the economy.

And we know the cause of this mismanagement. The folks who get paid to manage and regulate the economy were unable to see an $8 trillion housing bubble. They weren’t bothered by the doubling of house prices in many areas, nor the dodgy mortgages that were sold to finance these purchases. Somehow, people like former Federal Reserve Board Chairman Alan Greenspan and his sidekick and successor Ben Bernanke thought everything was fine as the Wall Street financers made billions selling junk mortgage and derivative instruments around the world.

When the bubble burst, one of the consequences was an increased budget deficit. This is kind of like two plus two equals four. The collapsing bubble tanked the economy. Tax revenue plummets and we spend more on programs like unemployment insurance and foods stamps. We did also have some tax cuts and stimulus spending to boost the economy. The result is a larger budget deficit.

All of this is about as clear as it can possibly be. The large deficit came about because the housing bubble, which was fueled by Wall Street excesses, crashed the economy. Yet, we are constantly being told by politicians from President Obama to Tea Party Republicans that we have a problem of out-of-control spending.

The claim of out-of-control spending is simply not true. It is an invention, a fabrication, a falsehood with no basis in reality that politicians are pushing to advance their agenda. And that agenda is not pretty.
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Loyal to a Fault

by , posted on Monday, July 18th, 2011 at 7:35 am

Like a lot of progressives, I’ve been troubled by the President’s response to the debt ceiling crisis which Republicans in Congress have been engineering lately. I’m not a deficit hawk. I believe we need more social investment, not less. So, as far as I’m concerned, both sides of this negotiation are on the wrong side of the debate.

And it’s not just that allowing the debate to narrow in this manner leads us to bad policy choices. It’s also bad politics.

Having the nominal leader of the Democratic Party himself opening the door to the possibility of Medicare cuts, even if it’s just some sort of negotiating ploy, undercuts the efficacy of a key campaign message that Democrats need to be able to run on in 2012: opposition to the desire of Paul Ryan and the Republicans to cut Medicare.

So, when the Progressive Change Campaign Committee began circulating a petition that it hoped would stiffen Obama’s spine in these negotiations, I signed on. And I posted a link to it on my Facebook wall as well, hoping that others of a like mind would sign the pledge, too.

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