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HereSince1628

(36,063 posts)

5. Corporateering philosophy is to dump public sector costs.

Reply to djean111 (Reply #3)

Wed Oct 1, 2014, 07:53 AM

Oct 2014

From government's view this 'serves the public' by keeping taxes low.
From the privateers view, it's motivation for the government to give away revenue streams.

Although SS isn't a tax as such, managers of investments take huge amounts of the gains and face no-risk. Such low risk money-making makes turning over SS to private companies the holy grail

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Bingo!! There it is. President's Budget included cuts to SS. Nevermind that the PBudget had to [View all] kelliekat44 Sep 2014 OP

Was this discussed in the hearing right now? riderinthestorm Sep 2014 #1

Why cut it newfie11 Sep 2014 #2

It seems to be the dream of both the GOP and the Third Way. djean111 Sep 2014 #3

Obviously all rich or insane and possibly both newfie11 Oct 2014 #4

Corporateering philosophy is to dump public sector costs. HereSince1628 Oct 2014 #5

Huh? That's old news, his budget back then did include the cuts, and that was a bad move nt geek tragedy Oct 2014 #6

I like keeping things like this in view so that just maybe, during campaign season, prospective djean111 Oct 2014 #7