They are getting ready for a smash-and-grab. They will declare Social Security to be bankrupt, or full of fraud because the goal is to privatize and/or downsize America's most successful anti-poverty program. donmoynihan.substack.com/p/trump-is-t... - ThreadSky

donmoyn.bsky.social • 32 days ago

They are getting ready for a smash-and-grab.

They will declare Social Security to be bankrupt, or full of fraud because the goal is to privatize and/or downsize America's most successful anti-poverty program.
https://donmoynihan.substack.com/p/trump-is-trying-to-kill-social-security

Reposted from kate conger

Antonio Gracias, a close friend of Elon Musk who sat on the boards at Tesla and SpaceX and managed finances for the Twitter deal, has arrived at Social Security, along with several aides from his investment firm. w/ @rmac.bsky.social www.nytimes.com/2025/03/14/u...

Comments

bullbearjeff.bsky.social•32 days ago

🤬😡

flyhyland.bsky.social•32 days ago

Hands off!

annetha.bsky.social•32 days ago

Friday night moves are always bad...

doremusjessup.bsky.social•32 days ago

Republicans will break from Trump the moment social security checks fail to go out on time.

jeremymorong.bsky.social•32 days ago

This is one area where I feel confident in saying people will not have any tolerance for them screwing up. There was a massive online banking outage the day one of the stimulus checks was posting and people were ready to burn things down then--and the money was there, just couldn't see it online!

katiecannon.bsky.social•32 days ago

They’ve wanted this forever

saneenglish.bsky.social•32 days ago

Cane-wielding gangs will roam the streets, along with younger folks facing the terror of mom and dad moving in

deshaunweinstein.bsky.social•32 days ago

They're more scared of Trump than their voters

doremusjessup.bsky.social•32 days ago

The knock on effects of social security checks failing to go out will be disastrous

deshaunweinstein.bsky.social•32 days ago

They were defending the firings to their base

7thof9.bsky.social•32 days ago

I disagree. They have yet to show a spine

lindakaboolian.bsky.social•32 days ago

Look at all that money sitting there, just invested in govt bonds. It could be in Trump's crypto! The trust fund wouldn't have IOUs if Reagan hadn't raided it to pay for star wars. Remember Al Gore saying he would put that money in a "lock box"?
Mr Garcias believes he's working Musk, not for us!

blandphilosophy.bsky.social•32 days ago

Yep, the private equity strategy. And they're going to try to do it without an act of Congress because Republicans have failed every time they've tried.

blandphilosophy.bsky.social•32 days ago

I also don't think they'll stop at downsizing it, I think these guys are going to straight up end social security unless somebody physically stops them.

live1619.bsky.social•32 days ago

Give me back all i paid in plus interest now. Or there will be millions of us ripping the limbs off those responsible.

thecrow999.bsky.social•32 days ago

Do it! Do lots of limb ripping!!!

abhinary.bsky.social•32 days ago

Can they take the money and invest it in the stock market, like tesla, and claim they have a right to do it?

welshrarebit.bsky.social•32 days ago

Equivalent to those scams where a new company chairman or CEO comes in and helps himself to the pension fund. Robert Maxwell pulled that one off I believe.

jalex32x.bsky.social•32 days ago

If you think that is possible then get the fuck off bluesky and start buying weapons. I am not kidding. We know exactly what is in the Trust Funds and what they are worth. The Social Security Act is law (that cannot be amended by reconciliation). Fraud suggests there are really more funds in the TF.

artisanrox.bsky.social•32 days ago

they'll redirect all the tax money from DC too.

redgp.bsky.social•32 days ago

👿👿

darthburkie.bsky.social•32 days ago

The looting has started…I believe Trump has a phrase about what should start next

kleinline.bsky.social•32 days ago

I can picture them drooling over our retirement savings.

demguardrails.bsky.social•32 days ago

He has zero security clearance!

richfoxexists.bsky.social•32 days ago

It’s been a smash-and-grab for almost 3 months.

ajpasta.bsky.social•32 days ago

Unfortunately, I believe you are accurate. Privatization, and profit, as well investigation avoidance, is the motivation for all this.

qabinofblue.bsky.social•32 days ago

Another non-elected private sector guy with conflicts of interest. Blatant corruption.

Get him out now. Warrants? Anything.

Start filing a court case.

snarkygolucky.bsky.social•32 days ago

Exhibit #2390482390481 that Trump and Musk are going to do whatever they want regardless of the outcome of the CR vote (quelle surprise)...and a vote to pass it doesn't protect Americans, but does give them the cover of a "bipartisan spending bill."

navyvet1972.bsky.social•32 days ago

Anyone seen Luigi.

arty-san.bsky.social•30 days ago

drkimberlyd.bsky.social•32 days ago

Just like the oligarchs when the USSR collapsed.

justtrying.bsky.social•32 days ago

The problem for these billionaire brain-worm victims is that these programs have held back a progressive and frankly revolutionary groundswell for almost a century. They weren't enacted to protect the poor but to protect THEM. They're turning a culture war into a class war.

mmorgenschoen.bsky.social•32 days ago

he clearly needs more money, to be able to afford a jacket that fits

donmoyn.bsky.social•32 days ago

No, Gracias.

These guys discover how public retirement systems work, find out its not a 401K, and immediately want to dismantle them.

heathbrown.bsky.social•32 days ago

That lock box was right there for the taking https://www.nytimes.com/video/us/politics/100000004662463/the-first-gore-bush-debate.html

Comments

Posting Rules

Reply