Make no mistake, President Obama wants to find a way to cut Social Security and Medicare. This is not because he is evil and heartless but because he has spent his very successful career surrounded almost entirely by people who think this would be a good idea. He wants badly to do this because through the ideological prism of those he identifies with it is an unquestionably good idea. If it does not seem like an absolute good to you, you must accept that the President does not identify with you. If you think it is a bad idea, you might consider if the President has self identified with some bad folks and what incentives might exist to make that look like a good idea. The difference between money as a private claim and a public good might have something to do with it, and those he hangs with want desperately for it to be a private claim.
Selling Greece Down The River: Golem XVI
Selling America Down The River: Thomas Furguson: Naked Capitalism
Why Bad Models Dominate: Cathy O'Neil: Naked Capitalism
One Obvious Path To A New Dark Age: Rick Bookstaber
AV House: BAK Architects: archdaily
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