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Economy
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Title: Pete Peterson Using High School Courses As Trojan Horse for Anti-Social Security, Medicare Propaganda
Source: naked capitalism
URL Source: http://www.nakedcapitalism.com/2011 ... horse-for-anti-social-security
Published: Feb 4, 2011
Author: Yves Smith
Post Date: 2011-05-28 00:12:04 by lucysmom
Keywords: propaganda
Views: 8600
Comments: 17

It’s not a pretty spectacle when a very rich man tells little people they ought to get by with less, particularly when his firm benefitted handsomely from the pump and dump operation that led to the financial crisis.

Pete Peterson, one of the two founders of the Blackstone Group, has had a longstanding campaign against Social Security and Medicare. He’s sufficiently aggressive that to combat consistent poll ratings that show that both programs enjoy substantial support, his foundation set out to generate different survey results by stacking the deck heavily in its favor.

snip

No one has done more than the billionaire private-equity investor Peter G. Peterson to stir America’s anxiety over deficits, debt, and what Peterson (among others) considers out-of-control entitlement-program spending. Those same concerns now lie at the heart of a “fiscal responsibility” curriculum being developed for America’s high schools. The curriculum bears the stamp of Columbia University’s prestigious Teachers College, but reflects the focus suggested by the Peter G. Peterson Foundation, which provided $2.4 million in funding for the project.

Teachers College gave Remapping Debate access to a set of 24 lessons set to be test-taught in four states this spring prior to a wider roll-out in 2011-12. Heavily weighted toward the themes and arguments of Peterson and other deficit hawks, the trial lessons could be seen as part of an effort by one of the country’s wealthiest men, now 82, to spread his gospel to coming generations…

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#1. To: jwpegler, Capitalist Eric, A K A Stone (#0)

I recommend reading all the comments, but this one is particularly interesting.

A. musing says: February 4, 2011 at 1:01 pm

I happen to work for one of Blackstone’s “assets”. How any of their employees (outside of top management) could fund a retirement without social security by working for them is beyond me. Perhaps I should enroll in one of these classes so Peterson can explain it to me.

Working for this particular Blackstone “asset” means full time is 32 hours at a sweet $10.50 an hour. This year I found out they don’t pay a Christmas bonus, not even a card. They throw in a bonus program that could make you all of another $500 for the year, max.

Right before Christmas they notified me, almost as if it was a perk, that I may qualify for the earned income tax credit, and that this won’t interfere with my ability to collect food stamps, or qualify for government assisted housing. I’m happy that at least my government can offer me that small Christmas tidbit, and thank you, dear employer, for bringing my attention this windfall funded by the taxpayer.

At the first of the year they presented me an affidavit to fill out, about my employment status PRIOR to their hiring me. I can only assume it is to be used so they can collect government incentives for hiring the unemployed, again funded by the taxpayer.

So I guess government programs like medicare and social security for me are bad, but government hiring incentive tax credits and government housing subsidies for your employees are just good business?

It is our responsibility to protect that child once that child’s born too. When we start debating a budget, let’s make sure we don’t cut 100,000 vaccines. Let’s make sure we’ve got health insurance. We seem to worship what we cannot see, but as soon as that baby’s born, oh no, we don’t want to be intrusive. Texas is going to shrink government until it fits inside a women’s uterus. Senator Leticia Van de Putte

lucysmom  posted on  2011-05-28   0:15:27 ET  Reply   Trace   Private Reply  


#2. To: lucysmom (#0)

As I already have states MANY times, the USA isn't just broke, it's BANKRUPT.

GET THIS FACT THROUGH YOUR HEAD.

That the electorate favors programs which empty the treasury to put a few bucks in their own pockets, is a solid signal that the financial end is near.

Whether you like it or not doesn't matter.

The hand-outs will SOON come to an end.

And that is a FACT.

List of those unable to think:
mcgowanjm, ferret mike, skippy, fartboy/yukko, white sands, bucky, lucys idiot mom, e_type_jackoff, go56, badlie, wreck, calCON, mininggold, war, Banjo Boris, Biff, Godwinson and meguro. If you're on the above list, you're too fucking stupid to hold a real conversation.

Bumper sticker on DwarF's car:

Capitalist Eric  posted on  2011-05-28   1:00:50 ET  Reply   Trace   Private Reply  


#3. To: lucysmom (#1)

So I guess government programs like medicare and social security for me are bad, but government hiring incentive tax credits and government housing subsidies for your employees are just good business?

None of the great barons of industry we have on this forum ever complain about socialism for businesses.

mininggold  posted on  2011-05-28   1:15:58 ET  Reply   Trace   Private Reply  


#4. To: mininggold (#3)

None of the great barons of industry we have on this forum ever complain about socialism for businesses.

As creators, they are entitled.

It is our responsibility to protect that child once that child’s born too. When we start debating a budget, let’s make sure we don’t cut 100,000 vaccines. Let’s make sure we’ve got health insurance. We seem to worship what we cannot see, but as soon as that baby’s born, oh no, we don’t want to be intrusive. Texas is going to shrink government until it fits inside a women’s uterus. Senator Leticia Van de Putte

lucysmom  posted on  2011-05-28   9:29:12 ET  Reply   Trace   Private Reply  


#5. To: Capitalist Eric (#2)

...end is near.

Another manifestation of your anal fixation?

It is our responsibility to protect that child once that child’s born too. When we start debating a budget, let’s make sure we don’t cut 100,000 vaccines. Let’s make sure we’ve got health insurance. We seem to worship what we cannot see, but as soon as that baby’s born, oh no, we don’t want to be intrusive. Texas is going to shrink government until it fits inside a women’s uterus. Senator Leticia Van de Putte

lucysmom  posted on  2011-05-28   9:33:30 ET  Reply   Trace   Private Reply  


#6. To: lucysmom (#1)

If someone don't like the job. Quit. Find another job. Start your own company picking up dog shit. Clean houses. Clean someones gutters out.

We are owed nothing by anyone.

The government is run by liars, murderers and thieves.

A K A Stone  posted on  2011-05-28   9:45:05 ET  Reply   Trace   Private Reply  


#7. To: Capitalist Eric (#2)

...the USA isn't just broke, it's BANKRUPT.

Bankruptcy is a state in which you are not only unable to pay your bills. The US is able to pay its bills.

So, it's no wonder that no one gets that through their head because it isn't true.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-28   9:47:58 ET  Reply   Trace   Private Reply  


#8. To: war (#7)

Bankruptcy is a state in which you are not only unable to pay your bills. The US is able to pay its bills.

So, it's no wonder that no one gets that through their head because it isn't true.

The United States is Bankrupt. You are bankrupt when your debts are higher then your assets.

A K A Stone  posted on  2011-05-28   9:54:35 ET  Reply   Trace   Private Reply  


#9. To: A K A Stone (#6)

If someone don't like the job. Quit. Find another job. Start your own company picking up dog shit. Clean houses. Clean someones gutters out.

If I am to be successful picking up dog poop then I need a pool of people with dogs and enough money to pay me to pick up dog poop.

We are owed nothing by anyone.

Apparently that includes work to do.

It is our responsibility to protect that child once that child’s born too. When we start debating a budget, let’s make sure we don’t cut 100,000 vaccines. Let’s make sure we’ve got health insurance. We seem to worship what we cannot see, but as soon as that baby’s born, oh no, we don’t want to be intrusive. Texas is going to shrink government until it fits inside a women’s uterus. Senator Leticia Van de Putte

lucysmom  posted on  2011-05-28   9:59:21 ET  Reply   Trace   Private Reply  


#10. To: A K A Stone (#8)

You are bankrupt when your debts are higher then your assets.

Nope. You're bankrupt when you can no longer pay your bills.

The typical middle class family has debts higher than their assets. Household debt in the US is roughly equivalent to GDP right now.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-28   10:54:16 ET  Reply   Trace   Private Reply  


#11. To: A K A Stone (#8) (Edited)

The United States is Bankrupt. You are bankrupt when your debts are higher then your assets.

Then why does the US treat it's debt as a marketable product and asset?

mininggold  posted on  2011-05-28   11:27:18 ET  Reply   Trace   Private Reply  


#12. To: mininggold (#11)

Then why does the US treat it's debt as a marketable product and asset.

I don't know. We slaves?

A K A Stone  posted on  2011-05-28   11:28:10 ET  Reply   Trace   Private Reply  


#13. To: A K A Stone (#12)

I don't know. We slaves?

Because they can make money off it.

mininggold  posted on  2011-05-28   11:29:01 ET  Reply   Trace   Private Reply  


#14. To: mininggold (#13)

We slaves?

A K A Stone  posted on  2011-05-28   11:30:16 ET  Reply   Trace   Private Reply  


#15. To: war (#7)

Bankruptcy is a state in which you are not only unable to pay your bills. The US is able to pay its bills. So, it's no wonder that no one gets that through their head because it isn't true.

Actually, it IS true, that the USA is bankrupt.

I have posted the data many times, and you have yet to refute it, beyon effectively saying, "no, that CAN'T be true."

I post data, you post wishful-thinking opinions based on nothing.

Think what you will, it doesn't alter the truth.

List of those unable to think:
mcgowanjm, ferret mike, skippy, fartboy/yukko, white sands, bucky, lucys idiot mom, e_type_jackoff, go56, badlie, wreck, calCON, mininggold, war, Banjo Boris, Biff, Godwinson and meguro. If you're on the above list, you're too fucking stupid to hold a real conversation.

Bumper sticker on DwarF's car:

Capitalist Eric  posted on  2011-05-28   17:09:01 ET  Reply   Trace   Private Reply  


#16. To: Capitalist Eric (#15)

Actually, it IS true, that the USA is bankrupt.

The GOP has been working very hard to achieve that end, but no, we ain't there yet.

It is our responsibility to protect that child once that child’s born too. When we start debating a budget, let’s make sure we don’t cut 100,000 vaccines. Let’s make sure we’ve got health insurance. We seem to worship what we cannot see, but as soon as that baby’s born, oh no, we don’t want to be intrusive. Texas is going to shrink government until it fits inside a women’s uterus. Senator Leticia Van de Putte

lucysmom  posted on  2011-05-28   17:36:15 ET  Reply   Trace   Private Reply  


#17. To: Capitalist Eric (#15)

What bill has the US yet to pay>?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

war  posted on  2011-05-28   22:08:12 ET  Reply   Trace   Private Reply  


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