Goldman Sachs CEO Blankfein Says Americans Should Work Longer and Receive Fewer Benefits
The absolute cheek, the disconnection from reality, the smarmy, lispy, olefin laden speech pattern, he must have one excellent skill set, because it surely isn't a convincing delivery....Until we raise the tax rate on these blood-sucking squid, we will continue to bleed the common wealth and lard these amoral, treasonous pockets. Unregulated, untaxed capitalism is a pox on the common good. And the corporate controlled MSM as their handmaiden should be held accountable for letting him get away with this drivel without even challenging his assertions. We gave those licenses to the PUBLIC airwaves in trade for ONE HOUR a day of news that would promote the understanding of issues that affect the REPUBLIC!”
According to Blankfein Solving the long-term solvency problem of Social Security will mean Americans retiring later in life and receiving fewer benefits, according to one Wall Street tycoon who received $16 million in compensation in 2011.
Lloyd Blankfein, the enormously wealthy CEO of Goldman Sachs, recently told CBS News that “the retirement age has to be changed.” He also remarked that “maybe some of the benefits have to be affected; maybe some of the inflation adjustments have to be revised. But in general, entitlements have to be slowed down and contained.”
Blankfein, who owns $210 million worth of Goldman Sachs stock, defended his suggestions by claiming that “Social Security wasn’t devised to be a system that supported you for a 30-year retirement after a 25-year career.”
