uh...
the peterson
and you know that i have uh... uh...
a little concerned that we're going to see our social security cut very uh...
shortly maybe a happen in the
lame duck session mayville happenin under the uh... romney administration
made ill happen under the
obama administration i think uh...
uh... the dice are loaded
so to speak and um...
i very well may be the only person
uh... who had talked about politics who's not are getting money in some
fashion from pete peterson
this guy
which is actually another good reason i'd to become a member of the majority
report
because at a news story
i got a phone call from p peterson
and he says that sam i'm sending over uh... huh
one point five million dollars
in an unmarked uh... suitcase or something
i guess i'll see cases are more or less unmarked but in unbranded suitcase
so uh... i really think you flashing
duke i don't want i want to but i want a hollow what one point five million
dollars with cash
it's about the good she in back
that's embarrassing
send it over in some type of uh... like you know clean unbranded suitcase if as
i get a call from p peterson
i_d_ tells me to do that
and that sam i think a lot in our about folks
the next day and that come out and then bring my daughter on
the program
and she's gonna say something like
i'm not going to have social security unless we cut it now
to fund tax cuts for millionaires
so it you i think there are so i'm just giving you fair warning if if you hear a
my daughter coming on the program saying that
good chance
the peterson has gotten to make but you can get to be first
stave off that pete peterson money
by becoming a member at majority
dot f_m_
there's always support the show you know that
but that is the uh...
that's where we really need your help
now before you think well there's no chance of p peterson doing that pete
peterson according to uh... piece on the having opposed by writing grumman paul
blumenthal
who incidentally
uh... is hosting a fiscal summit
heavy duty yesterday it is probably a two-day event when you're in your
billionaire you know just do one day
bill clinton was there
tim geithner
is good buddy
though an error was there
tom brokaw
politicos gianna hired i mean
everybody seems to be getting money from p_p_ torsten
and it seems that way it's because since two thousand seven
between two thousand seven two thousand eleven
and for
or those of you conservatives on the spell this out that's for
your s
p peterson
personally
himself
contributed at least
four hundred
and fifty
eight
million dollars
to the people you know she foundation
which is setup
to convince you that our government is broke and so security must be cut
american youth at
four hundred and fifty eight million dollars
let's just call it a half-a-billion dollars shelley
over the course of four years
to convince you
that's or scary must be cut
and why
we are in a crisis right now
we're in a total crisis an unprecedented crisis
there has never ever been a time
where we have had such a fiscal crisis
never
ever
though it to be fair in nineteen ninety-four uh...
p peterson nineteen ninety four
said we will no longer be able to afford a system that equates
the last thirty more one's adult life with a publicly subsidized occasion in
other words
uh... who we got cuts austerity as of nineteen ninety four he was saying
they're just some people
who ideologically speaking
he the idea
of
all people
who are getting
uh...
t_v_ percent of their income
forty percent of americans sir retired americans
get eighty percent of their income from social security
and you can do the math
the i think the average so security payments annually is somewhere around
fourteen thousand
so you do that
he really cannot stand the idea
that
there are all people living off of eighteen thousand dollars here that
would directly dictation
these people going on there living the life
meanwhile this guy has
five
hundred
million dollars
five hundred million dollars
to spend to make sure that that i live in that way
to put peterson suspending a context rights running graham
all corporations and unions combined spent less than four billion
on lobbying in twenty eleven
all corporations
unions
everybody
spent less than four billion
it's just unbelievable p peterson uh... formally
worked under the nixon administration he was
the
chair of the federal reserve of new york during the george w_ bush administration
at the summit tuesday pederson told the audience that he sat on the committee
that picked
tim geithner to serve as the president
of that bank
the federal reserve
of new york
he's got democrats and republicans on the player all
he has his own newspaper the fiscal times
peterson foundation funds things like the concord coalition in the committee
for a responsible federal budget
he is putting out uh... his foundation is putting out a new
curriculum
for kids
for high school students
understanding fiscal responsibility
it was introduced at a ceremony featuring peter or is that i get the
former opa my administration official who left the joined city group of course
he did
beginning acg two two point four million dollars for the curriculum
the first two lessons are titled socially care iti and the national debt
medicare and the national debt
are nuclear arsenal and the
national debt
not are massive military spending
and the national debt
not our lowest taxes
in the history of anybody practically all live now in our national debt
not our capital gains at their lowest point ever
and the national debt
no
the first one is called social security
and the national debt
the peterson foundation and m_t_v_
you
which is the
college
and t_v_ network
has spent already two million dollars
to convince college students at so security won't be there for them so
it should be slashed
her
so uh... p peterson ladies and gentlemen
the billionaire who can't stand the idea
that you might be living on eight
teen thousand dollars a year in your
golden years
unbelievable out