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The Majority Report with Sam Seder

2406 - Oligarchs' Tribute To Trump & Their Assault On Social Security w/ Alex Lawson

The Majority Report with Sam Seder

Sam Seder

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4.6 • 3.4K Ratings

🗓️ 7 January 2025

⏱️ 83 minutes

🧾️ Download transcript

Summary

FUN HALF LINK HERE: https://youtube.com/live/qzCOCJJt2o4

It's News Day Tuesday! Sam and Emma speak with Alex Lawson, executive director of Social Security Works, to discuss President Biden signing the Social Security Fairness Act into law. First, Sam and Emma run through updates on the GOP’s reconciliation fight, Trump’s second certified election W, Merrick Garland’s Jan 6th report, Fetterman’s support for more right-wing legislation, Senate GOPers push for ICC sanctions, Virginia’s special elections, CIA’s surveillance of Latino activists, Rudy Giuliani’s contempt of court, Guantanamo’s prisoners, Zuckerberg’s re-welcoming of misinformation back to Meta, and gender-affirming care data, before diving a little deeper into Big Tech’s overwhelming capitulation to Donald Trump’s regime, from Zuckerberg’s Meta misinformation to Bezos’ Washington Post censorship. Alex Lawson then joins, quickly running through the recent debates over social security – from the Trump-Musk push to cut it via the Department of Government Efficiency (DOGE) to Biden’s recent passage of the Social Security Fairness Act – before taking a major step back to the Reagan Administration as he walks through Reagan’s sweeping WEP and GPO kneecaps to Social Security, serving to cut all benefits by 14% and completely carving teachers, police officers, and firefighters out of the system, respectively, and serving to bolster the rapid development of wealth inequality over the four decades since, helped all the while by the shift from defined-benefit pensions to defined-contribution 401ks. Jumping back to the modern day, Alex, Sam, and Emma unpack the attacks to be expected as Trump’s DOGE takes over, from addressing supposed concerns about growing life expectancy – a development only affecting the wealthy – to attempts to make it more “profitable” by undercutting benefits rather than raising revenue, and tackling the unsurprising solution of simply lifting (or even eliminating) the income cap that prevents wealthy people from paying their fair share into the system. Wrapping up, they assess the overwhelming popularity of Social Security (outside of DC, of course), and what it will take to protect it.

And in the Fun Half: Sam and Emma parse through Trump’s outlandish territory claims – from the Gulf of Mexico to Greenland – and the concerning motives that could be behind them, before diving deep into the GOP’s ongoing reconciliation infighting, as Larry Kudlow presses Ted Cruz over the decision to keep it as one massive bill. They also unpack Hannity’s malaise over recent attacks on the wealthy, Musk’s relationship with Argentina’s poverty-pusher Javier Milei, and Tim Pool’s recent freakout over jailed January 6th defendants, plus, your calls and IMs!

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Transcript

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...

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