I put Middle Earth Journal in hiatus in May of 2008 and moved to Newshoggers.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.

Friday, August 27, 2004

Boomers, are you ready to pay for Bush's Tax Cuts?

We knew our children would have to pay for Bush's tax cuts for the rich but now Greenspan is saying we Boomers will have to have our Social Security benifits cut if the Social Darwinism of the Republican Party is going to survive.

Greenspan Urges Pension Benefit Cuts
JACKSON HOLE, Wyo., Aug. 27 -- Federal Reserve Chairman Alan Greenspan today urged Washington policymakers to consider scaling back future federal retirement benefits, saying that the nation has probably promised more than the economy can realistically deliver.

Greenspan, himself, appeared to have pulled back from his more forceful comments on Capitol Hill earlier this year, in which he clearly called for restraining the growth in Social Security and Medicare spending by reducing benefits for future retirees. Those remarks, although echoes of warnings he has made for years, prompted a barrage of criticism, in large part because of the sensitivity of the topic in a presidential election year.
Wake up folks, that includes you Red Necks and Right Wing Christians, the Republican party and the Bush administration are out to screw you.


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