Public pension funds would not be facing a crisis if economists’ projections of stock returns had been accurate.

These last couple of days, I happened to see a couple of pieces by Robert Borosage. The first of these called “Kick the Old and Disabled to Show We’re Serious About Deficits,” is about organizing and fighting back against the deficit terrorist movement to cut Social Security, and reported that Borosage’s organization, the Campaign for America’s Future, “has joined with 50 other organizations (and growing) representing 35 million Americans to form a coalition”, called “Strengthen Social Security.” He also refers to a panel on Social Security at Netroots Nation that will be “inviting the bloggers across the country to help fend off the assault on Social Security, and join the debate about priorities over the next years.”

The International Monetary Fund bears considerable responsibility for the world economic crisis. Rather than own up to their failures, they want to take away your Social Security.

Growth in real disposable income leading up to an election is a near-perfect predictor of how the incumbent party will do, says Ezra Klein in a perceptive article. This close correlation should not be surprising. People judge the majority party based on how much their personal economic standing has improved or deteriorated, as well as their friends’ and family’s.

It is always the economy.

Erskine Bowles, the Democratic co-chair of President Obama’s deficit commission would apparently subordinate economic growth and kill jobs because of his worship of the number 21.

Former Senator Alan Simpson, the co-chair of President Obama’s deficit commission, complained that the government had spent the money it borrowed from the Social Security trust fund, just as it does with the money it borrows from anyone else.

Peter Peterson’s new service, the Fiscal Times, had a news article in the Washington Post telling readers that people like Peterson who believe that it is urgent to cut Social Security and Medicare are non-ideological, in contrast to the people who think it is important to defend programs on which the vast majority of workers will depend in their retirement.

It seems the world’s G-20 economies just decided, over US objections, to resurrect Herbert Hoover, rebury Keynes and pursue another Great Recession, tanking their economies and putting tens of millions more out of work.

Billionaire investment banker Peter Peterson is continuing his decades long quest to gut Social Security and Medicare. On April 28th he is sponsoring a “fiscal responsibility summit” featuring Alan Greenspan, Robert Rubin and others responsible for wrecking the economy. We are organizing a virtual summit on fiscal and economic responsibility in response.