July 25, 2011     Permalink Tweet: President Obama's Obscenity: Cuts for Social Security, but No Taxes for Wall Street?!: .ly/mXPvHy Submitted by Michael Dewey

The plans to cut to Social Security, so as to further boost the incomes and wealth holdings of the super-rich, seem especially perverse in view of the fact that the vast majority of retirees are not living especially well right now, and that by the standards of northern Europe, their benefits are meager. The average Social Security check is about $1,100 a month. This would be less than an hour's pay for many of the Wall Street honchos -- whose greed...