The deficit hawks have held up the threat of borrowing from China as an excuse to cut Social Security and Medicare. In reality, the budget deficit has almost nothing to do with borrowing from China.

NOW members have spoken loud and clear: they want Fiscal Commission Co-Chair Alan Simpson out – and NOW President Terry O’Neill is ready to send him home with 1,500 baby bottle nipples.

President Obama’s deficit commission has been plotting in dark rooms to cut Social Security. Rather than have this issue be debated in the election, they intend to spring their scheme on Congress after the election.

As the example of Tea Party Republicans turning against K Street Republicans like Daniel Webster shows the only people who support cuts to Social Security are DC elites in the beds of Wall Street and out of touch with the overwhelming majority on the left and right.

Discussion of the stock market, joblessness, and Social Security

Every morning, Politico’s Mike Allen calls the White House to see if the usual White House Coward or one of his lackeys will feed him some nice tidbit from the daily White House Spin. Today’s is about Social Security.

The Washington Post editorial page has been one of the primary MSM outlets for aggressive deficit terrorism. There is an axis of deficit terrorism in Washington DC today. It runs from Hooverite Republicans such as Judd Gregg and Mike Spence, to Blue Dog Democrats like Evan Bayh and Kent Conrad, to media organizations like CNN, WaPo, and the Peter G. Peterson funded The Fiscal Times, to foundations like The Peter G. Peterson Foundation, and Peterson-funded think tanks like AmericaSpeaks, to the Congressional Budget Office (CBO), to high-level Administration people like OMB Director designate Jack Lew, and judging by his speech and actions, to Barack Obama himself. This axis has been laying down a carpet of continuous propaganda for many months now distracting attention from the immediate problem of getting people back to work, and toward doing something about an assumed long-term problem, that some argue is fictional, and that many others think may, but, will most probably not, occur

Last Saturday, the WaPo added to its place in progressive infamy with an editorial that managed, in a few short paragraphs, to repeat many of the false arguments the deficit terrorists use to scare Americans into thinking that we really have to cut Government spending as soon as we can or we will be facing unbearable suffering in future years. This post will review that editorial in detail. It begins:

Andy Stern and Dean Baker advocate investment of Social Security Funds in the stock market. That’s a terrible idea, and we can’t let it happen.

Video interviews with Margaret Flowers of PNHP and Katie Robbins of Healthcare-Now! on the deficit cutting agenda being pushed by AmericaSpeaks through “town hall meetings.” Last weekend, 21st Century Town Hall Meetings were held involving citizens in discussion and debate on the budget and economy, allowing citizens to talk about what they would like to cut so economic problems in this country could be properly addressed and solved.

The Obama Administration’s justification for creating its National Commission on Fiscal Responsibility and Reform (cat food commission) is that we have to use an unaccountable, secret, anti-democratic process so we can have “every proposal on the table.” But in recent days, four prominent Republicans have signaled that this notion is a complete fraud.