The Phaserl


Wall Street Uses the Third Way to Lead Its Assault on Social Security

by William K Black, Truth-Out:

Third Way, lobbyists for and from Wall Street who are leading the effort to enrich Wall Street by privatizing Social Security, was created by Wall Street to fool some of the people all of the time. I have written previously to expose their fictional claims to be a moderate or liberal Democratic group.

Eric Laursen documented Wall Street’s effort to become even wealthier by privatizing Social Security in articles and his recent book (“The People’s Pension: The Struggle to Defend Social Security Since Reagan” (AK Press)).

I showed that Third Way makes itself useful by providing a faux “liberal” or “moderate” “Democratic” quote machine that can be used to discredit Democrats and Democratic policies such as the safety net. I gave examples of how Third Way gave aid and comfort to the effort to defeat Elizabeth Warren and the effort to unravel the safety net. Third Way continues to prove that you can fool some of the people all of the time.

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2 comments to Wall Street Uses the Third Way to Lead Its Assault on Social Security

  • lastmanstanding

    While your looking at SS, also better look at Medicare…if it is in your life or near future. The changes to providers will vary depending on what type of provider that you go to. You will NOT get the same services that you had in the past paid for. It won’t matter if you have a “doctors presciption” for the service…not to mention other things that are to numerous to mention.

    The big one is if you can find a doctor at all who is willing to treat you.

    The wonderful new healthcare product that many have chosen will alone destroy what is left of this great nation.

    God bless those of you who stand firmly with the Founders.


    Article on, OBAMA COMING FOR YOUR 401K and IRA’S.
    Time to draw a line in the sand,Folks!!!

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