conservative

One of the lesser known, but most devastating Social Security cuts being discussed in Beltway circles is the adoption of a new, less generous version of the Consumer Price Index (CPI) for calculating the yearly cost-of-living adjustment (aka COLA) in Social Security benefits. It is called the “Chained”-CPI, which is fitting, because it will chain you to your parents when they have to move in with you for their golden years. Most importantly, it is the only proposed benefit cut that will whack current and future retirees.

When advocates challenge the new formula though, the conservatives and pseudo-Democrats hawking this proposal are no longer even bothering to defend the “Chained” CPI on its merits. (In fact, the current CPI is, if anything, too modest.) They simply coo at how brilliant and “exciting” of a new policy tool it is. Maya MacGuineas’s cheerful performance at a Senate briefing this morning was a case in point. more »

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The terrible Gulf oil, West Virginia mining, Wall Street finance and government debt disasters all demonstrate the ongoing catastrophic and continuing results of conservative policies. more »

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The email came from GOPUSA, whose mission is to “spread the conservative message throughout America.” The editorial, “Barack Obama’s Dream Cabinet”, caught my attention. I’m curious and thought they might have insight to offer. So I indulged a click. more »

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Remember the Enron employees who watched their retirement savings evaporate as the Enron ponzi scheme, chaired by George Bush’s best buddy, “Kenny Boy” Lay, went up in smoke?

The conservative majority on the Supreme Court just told them all: “Drop Dead.” more »

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