Tag Archives: Cato

Center for American Progress and CATO both want to invest our Social Security funds in stock market

When the right and left political wings agree, you can bet middle-class Americans are in trouble.

And if you are talking about Social Security, a new bipartisan plan spells major cuts in benefits, as the establishment is set to privatize our public retirement system after the mid-term elections next year.

John Podesta – Trilateral member

About $2.8 trillion (2,800,000,000) has been borrowed since the 1980s from your Social Security contributions to pay for bureaucratic wars on poverty. to fight real wars on ungrateful Arabs, to sweetheart deals to campaign contributors, and to create a war machine larger than all other countries combined.

But the political class has decided it should not pay back this money, but will instead cut your Social Security benefits enough so they you only get benefits from FICA taxes paid in the current year, and receive none of the money borrowed from the Trust Fund, which will be dissolved. Continue reading →

Koch & Iran deal – GOP candidates may be liars

John Glaser and Justin Logan, writing on the CATO Institute website have claimed that the deal with Iran to delay making atomic bombs “is an historic achievement that decreases the likelihood of an Iranian nuclear weapon and forestalls the risk of another costly U.S. war in the Middle East.”

The near-consensus among arms controllers is due to the deal’s strong nonproliferation features. Under the deal, Iran would reduce its stockpile of centrifuges by two-thirds and dismantle about 97% of its low-enriched uranium. For 15 years, the Iranians will be prohibited from enriching any uranium at their Fordow site and the Arak reactor for plutonium production would be permanently disabled, CATO braintrusters assert..

Throughout, Iran would be subject to one of the most robust and intrusive inspection regimes in the world, with continuous video monitoring of its uranium mines for the next 25 years and monitoring of centrifuge production facilities for 20 years. Expanded inspections under the Additional Protocol are permanent.

The CATO Institute is a libertarian organization founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch.

Yes, that Charles Koch, darling of the conservative wing of the GOP, son of Fred Koch, founder of the John Birch Society. Originally, CATO was called the Charles Koch Continue reading →

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