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View Diary: Salon [re CPI]: "...outraged progressives are organizing in advance " (143 comments)

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  •  Yes indeed. (5+ / 0-)

    That was the plan in 2005, and it's Wall Street's plan still, albeit a bit more opaque than when W decided to "spend his political capital" on it. I've returned many times over the intervening years to a 2005 Harper's essay (pdf behind paywall only, sorry for lack of link) by Michael Hudson, The $1 Trillion Pyramid, and recommend it highly as an explanation of Wall Street's obsessive quest to gain access to the Social Security Trust Fund. Long story short: they've already pissed away all the rest of the capital they could get their hands on. This is all that's left.

    "The only thing we have to fear is fear itself."........ "The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." (yeah, same guy.)

    by sidnora on Sun Jan 13, 2013 at 05:15:08 PM PST

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