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Outside first DOGE caucus meeting, Republican says ‘there will be some cuts’ to Social Security
(www.commondreams.org)
this post was submitted on 18 Dec 2024
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More and more I feel we are seeing the pendulum swing. Normally we see 5-10 year cycles of push and pull along the political spectrum, but I'm becoming convinced we're in a century long cycle.
We no longer have those with living memory of the gilded age, losing those who remember the saving grace that was the New Deal, and fewer and fewer left who were sent to war to fight fascism. The wealth gap is worsening in developed nations across the world, democratic republics are electing more far right parties and authoritarian leaders with populist messages, the incoming administration is floating the idea of scrapping the FDIC and deregulating anything on his favorite billionaire's wishlist.
Seems like we're right on track for a repeat of the 1930s.
Removing the FDIC or when putting money under the mattress is safer than a bank......