Peter Peterson

Last week’s special election in New York’s 26th Congressional district was a political earthquake, demonstrating that the American majority, even in the most Republican of districts, will reject a candidate who embraces cuts to Medicare benefits or major changes to that most popular program. more »

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Ah.... my fellow Americans, be very, very, afraid of the terrible Social Security crisis that will sink us as a nation. According to Government projections, we won't be able to pay full Social Security benefits, in 2037 and beyond, unless we cut benefits now, because the Social Security “Trust Fund” will be short of money. more »

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The phrase "Moment of Truth" first appeared in English in Ernest Hemingway's Death in the Afternoon. It was originally a Spanish expression for for the final sword-thrust in a bull-fight, the one that finishes off the bull after the matador is done taunting and tormenting him.

Remember that whenever you hear about "The Moment of Truth Project," the latest public relations venture from the Social Security-slashing Pete Peterson crowd. It could be el momento de verdad for your future financial security.

Orwell's Children

If the phrase also reminds you of the reality-twisting "Ministry of Truth" from Orwell's 1984, that's appropriate too. A highly-financed network of consultants, ex-government officials, and politicians has been deployed to mislead the public on basic, unequivocal truths about Social Security, whose$2.6 trillion dollar trust fund could bankroll a lot of tax breaks for the wealthy. All it takes is a campaign to mislead and confuse the public.

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Today (Jan. 4) 21 policy experts sent a letter (below) to Washington Post Board Chairman Donald Graham, requesting a meeting. Why? Because we've gotten no response to our protest letter to The Washington Post's ombudsman. more »

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On the last day of 2009, The Washington Post published an article, presented as a news story, which could be a signal of the death of the Post as an independent and objective news source.

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On Thursday, December 31, The Washington Post published an article, presented as a news story, which could be a signal of the death of the Post as an independent and objective news source. more »

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On Monday morning, wealthy hedge fund mogul Peter Peterson and his Commission on Budget Reform will hold a press conference to issue a "Call to Action to Stem the Mounting Federal Debt." Their scary promotional material declares, "The ever-growing federal debt is spiraling out of control. If not addressed . . . more »

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