Meet Pete Peterson, Architect of Social Security and Medicare Cuts (crooksandliars)
enlarge Click for a larger idea of Peterson's world Just after the disastrous midterms in 2010, I wrote a lengthy post about who Pete Peterson was, and why he is exactly the wrong guy to be having a "bipartisan summit" on so-called "entitlement reform." Here's a snippet from back then: > The Peter G. Peterson foundation claims to be bipartisan, yet their former CEO is out pimping a book, a new advocacy group and a position. Peter G. Peterson served as Secretary of Commerceunder Richard Nixon. He claims to be very, very, very concerned about our deficit, yet not one word is uttered in this report about Wall Street's contribution to the deficit, the collapse of our economy, or any responsibility on the part of the financial industry to help reduce the deficit they helped create. Ryan Grim at the Huffington Post has updated that information with some more current relevant facts and data: > According to a review of tax documents from 2007 through 2011, Peterson has personally contributed at least $458 million to the Peter G. Peterson Foundation to cast Social Security, Medicare, Medicaid and government spending as in a state of crisis, in desperate need ...
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