top
San Francisco
San Francisco
Indybay
Indybay
Santa Cruz
Santa Cruz
Indybay
Regions
Indybay Regions North Coast Central Valley North Bay East Bay South Bay San Francisco Peninsula Santa Cruz IMC - Independent Media Center for the Monterey Bay Area North Coast Central Valley North Bay East Bay South Bay San Francisco Peninsula Santa Cruz IMC - Independent Media Center for the Monterey Bay Area California United States International Americas Haiti Iraq Palestine Afghanistan
Topics
Newswire
Calendar
Features
From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature
New Front Opens in the War on Social Security
by Bill Carpenter (wcarpent [at] ccsf.edu)
Saturday Feb 17th, 2007 5:59 AM
Senator Diane Feinstein takes the lead in tryiing to establish what will be called the "Social Security and Medicare Solvency Commission." One-minute QT movie. 10MB.
Copy the code below to embed this movie into a web page:
§Save Our Social Security!
by Bill Carpenter Saturday Feb 17th, 2007 5:59 AM
070214socsec2179.jpg
SOCIAL SECURITY AND MEDICARE SOLVENCY COMMISSION

Democratic Senator Diane Feinstein and Republican Senator Pete
Domenici are co-sponsoring dangerous new legislation, S-355, that
would create a permanent bi-partisan "Social Security and Medicare
Solvency Commission" to drastically reduce Medicare,
Social Security, and other social programs over coming
decades.

The rulers have learned from the fiasco of Bush's 2005 plan to
privatize Social Security. Back then, they revealed the entire plan at
once. There was no long-term program. There was no bi-partisan
support. And there was no legislative mechanism to ram the plan
through over popular opposition.

Feinstein and Domenici's commission aims to solve many of these
problems. Its plans are unknown. The commission would last forever.
Its members would be half presidential appointees and half Republican
and Democratic members of the Senate and House committees that oversee
these social programs. And its findings would be legislation that
Congress would have to act on as first priority.

We can't anticipate the Commission's proposals, but whether it's
privatization, contracting out, massive benefit cuts, or increasing
the retirement age, it's bound to hurt retirees, disabled people, and
children. We are going to have to be more vigilant than in the past,
particularly as these programs to cut entitlements are being promoted
as saving them.

70 million baby-boomers will reach retirement age in the next ten
years, after working for decades, and paying into systems to provide
our retirement years with income and health care. Business and
government say it's more important to fight wars over oil and give tax
cuts to the rich. Business and government, Democrats and Republicans,
they all say they can't afford to fund Social Security, Medicare,
Medicaid and the other social programs that we and our parents fought
for and won. Indeed, they say even current level of social spending
threatens the market economy. If the market economy cannot afford to
give us a decent life and medical care after we've worked all our
lives, then it doesn't deserve to exist.

--Michael Lyon

Kaiser Foundation Daily Report

Alliance for Retired Americans Friday Alert, Jan. 26, 2007

Testimony of Domenici and Feinstein in introducing bill
§Save Our Social Security!
by Bill Carpenter Saturday Feb 17th, 2007 5:59 AM
Copy the code below to embed this movie into a web page:
§Save Our Social Security!
by Bill Carpenter Saturday Feb 17th, 2007 5:59 AM
marymagill.jpg
We are 100% volunteer and depend on your participation to sustain our efforts!

Donate

donate now

$ 157.00 donated
in the past month

Get Involved

If you'd like to help with maintaining or developing the website, contact us.

Publish

Publish your stories and upcoming events on Indybay.

IMC Network