free market theory

Will They Keep the Promise? The Social Contract that is Social Security

There is no doubt that many in the right wing - most in the GOP, for certain, and many conservative Democrats, as well. The same core group of corrupt politicians and the entrenched interests that own them and that always try to sell out citizens to corporations, no doubt - are desperate to take Social Security down and hand your retirement fate over to the same parasitic kind of corrupting corporate interests that robbed the entire nation to keep their elitist Wall Street and banking schemes alive:

Remember that these financial institutions are still living off the fat of their corporate welfare from the bailouts.

It is going to be harder for them to justify keeping their many sources of Bankers' welfare checks rolling as long as they continue to not lend anything out to help save main street...

So they are still desperately in need of new streams of money to keep their mega-bonuses flowing.

They need a long term and massive gravy train source, as well and to put it bluntly.

Currently, Campaign for America's Future is working to help the majority Americans that do not want to see Social Security cut or privatized get politicians on the record concerning protecting Social Security.

TAKE ACTION  Help us get candidates on the record to promise to oppose any cuts to Social Security benefits or any privatization schemes. Ask them to sign the promise, then email promise@ourfuture.org with their answer.
Learn more | See the promise and the candidate roll call | Sign the petititon

The right wing, as it always does after a crisis that their free market ideology caused, is always looking to distort and distract from reality of what is happening. As evidenced in the very first link in this piece - Heck! There could be an illegal invasion about to start on near zero grounds (make no mistake, "regime change" and "pre-emptive war" are weasel words that the right and the media use that mean "ILLEGAL") and the GOP would try to distract with "issues" like "FreeDumb Fries".

Distraction and distortion is the only way the right wing (and the media that repeats the stupid) can keep you from talking about truth and reality. (More below the fold)

Rigged Casinos and the Plunge Protection Team: Bernanke acknowledges greater intervention in the markets

Back on Saturday when I promised to write more about Kevin Phillips and his take on the Plunge Protection Team, I had little idea that the PPT would have such a public coming out party so soon.

This morning, according the to Wall Street Journal, Fed Chair Bernanke said “federal regulators, policymakers and private sector groups are already taking steps to address some of the concerns laid bare during the turmoil last year.”

Translation #1: The myth of the free market is debunked.
Translation #2: Investing in the US Stock Market is about as wise as gambling in a rigged casino.