Donald Trump's chaos coaster continues on today's BradCast. Our top on today's ride: Social Security. [Audio link to full show follows this summary.]
FIRST UP... As we warned yesterday amid "irrational exuberance" as the stock market briefly skyrocketed following Donald Trump's social media announcement that he was pausing his unilateral worldwide tariffs for 90 days, investors began to notice that it wasn't quite as good as it looked. Trump's remaining 10% tariffs on almost every nation (other than Russia) and boost of duties against imports from China to 145%, helped lead the U.S. markets to tank again today, if not quite as much as they rose yesterday.
But some brighter news for those who believe in both truth and election integrity today. Rightwing propaganda outlet Newsmax, which quietly settled a defamation suit last year brought against them by voting system company Smartmatic, was found this week by a judge in Delaware to have defamed Dominion Voting Systems following the 2020 Presidential election. A jury will now determine if the Trump-allied outlet intentionally smeared Dominion with "actual malice" when they claimed the company rigged voting machines in favor of Joe Biden, despite the lack of any such evidence. The trial is set to begin at the end of this month...unless Newsmax decides to settle that one too.
But, speaking of actual voter fraud, it looks like Trump's Director of National Intelligence, Tulsi Gabbard, committed it last year in Hawaii when she voted there in the 2024 election after previously declaring herself to be a resident of Texas. Oops.
THEN... Elon Musk's DOGE Bros are unleashing absolute havoc at the Social Security Agency. Their latest chaos involved a plan to end phone services for people filing for retirement or survivor benefits as of this coming Monday. But with cries of outrage, impossibly long lines at field offices, wait times on the phone, and website crashes for new applicants and longtime beneficiaries in recent days, the Agency has now backed off that terrible plan as well. For now.
We're joined today for insight and warnings about Trump, Musk, DOGE and much more by longtime Social Security expert DR. ERIC KINGSON, emeritus Professor of Social Work at Syracuse University, co-founder of the nonprofit Social Security Works, and policy advisor to two different Presidential commissions on Social Security Reform under both Ronald Reagan and Bill Clinton.
What DOGE is doing at SSA "has nothing to do with efficiency or correcting errors," he tells me. "There's an extremely small error rate in Social Security. As for efficiency, we spend less than one percent administering the program. It's a well-administered program --- until now."
He worries that for "the first time since the creation of the program, there is a major, major risk of dramatic changes that will hurt the American public, especially middle-aged workers and young workers today."
"It's purposeful," Kingson argues, regarding the chaos unleashed at the agency by Musk's DOGE Bros in recent weeks. "You don't do the things that DOGE is doing because you want to fix something. You want to destroy it. And you want to destroy it with cruelty and disrespect for human dignity."
Kingson, the co-author of a book on protecting and expanding "the Insurance Americans Love and Count On", believes "the next game plan" is to privatize the Agency on the basis that the havoc unfolding now will be used to argue later that the private sector "will do a lot better".
He concurs with President Biden's SSA Administrator Martin O'Malley that the damage being done right now could soon result in the collapse of the system; argues that DOGE and Trump "have been stripping Social Security of its expertise and historical memory"; and charges that Trump, Musk and House Speaker Mike Johnson, who claimed today that "Social Security, Medicare and Medicaid will not take a hit" in the President's legislative agenda moving forward in Congress, are lying about fraud at the agency and benefits for Americans, which they plan to undermine. Kingson cites "a huge crisis" on the road ahead, as "half of today's workers under 67 will not be able to maintain their standard of living in retirement. If you count the cost of healthcare and long term care, it's probably about two-thirds. That's a crisis. What they are doing is stripping away the one thing you can count on: Social Security."
Much more on all of that --- and what you and I can and should do about it (hint: "Fight like hell!") --- in my conversation today with Kingson. I hope you'll tune in.
FINALLY... Desi Doyen is here with our latest Green News Report, as Trump signs a slew of Executive Orders to bail out the dying, polluting American coal industry, and as Big Banks plot new ways to profit off of our climate crisis...
(Snail mail support to "Brad Friedman, 7095 Hollywood Blvd., #594 Los Angeles, CA 90028" always welcome too!)
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