A deficit reduction panel commissioned by U.S. President Barack Obama wants to modify Social Security, trim Medicare and Medicaid and cut government bureaucracy. Released on Wednesday, the new proposals – crafted by former White House chief of staff Erskine Bowles (a Democrat) and former U.S. Senator Alan Simpson (a Republican) – would also enact sweeping [...]
Spratt Doesn’t Like Cameras
U.S. Budget Chairman John Spratt gave a speech earlier this month bashing private accounts for America’s debt-laden Social Security system – a concept he supported in the not-too-distant past.
Of course what’s noteworthy about the embattled Congressman’s latest adventure in flip-flopping on this issue isn’t so much the Democratic talking points he regurgitates in this speech, [...]
The Big Lie
If you tell a big enough lie enough times, chances are just enough people will believe you … which means you can hang onto power long enough to find something else to lie about. And while it’s been said that you “can’t fool all of the people all the time,” odds are that plenty of [...]
Letter From The Government
In an effort to help us “plan for our financial future,” our founding editor received a friendly note from the U.S. government earlier this summer alerting him to the status of his social security account.
Here’s the operative paragraph, courtesy of Social Security Administration (SSA) commissioner Michael J. Astrue:
In 2016 we will begin paying more in [...]
Oops! Democrats Slam … Spratt?
By FITSNews || Democrats across the country are hating life right now, facing the prospect of sizable electoral losses in 2010. As a result, they’re having to resort to some pretty tired old tactics in an effort to stop the bleeding – like bashing Republicans for supporting Social Security privatization.
Yeah … how 1990 of them.
Anyway, [...]
