ConcordCoalition

From 911Encyclopedia:

The Concord Coalition is a nonpartisan, grassroots organization advocating fiscal responsibility while ensuring Social Security, Medicare, and Medicaid are secure for all generations. The Concord Coalition was founded in 1992 by the late former Senator Paul Tsongas (D-Mass.), former Senator Warren Rudman (R-N.H.), and former U.S. Secretary of Commerce Peter Peterson (->). Former Senator Bob Kerrey (D-Ne.) was named a co-chair of the Concord Coalition in January 2002 NOTE: Peter Peterson is chairman of the CFR and executive at the Blackstone Group, a subsidiary of TRW (mergered in 2002 with Raytheon) . On September 6th, 2001 the Concord Coalition suggested a radical reform of the Social Security System: Robert Bixby, Executive Director of The Concord Coalition at a public hearing of the President's Commission to Strengthen Social Security in San Diego: http://www.concordcoalition.org/releases/010906release.htm "For over 60 years Social Security has provided a vital floor of protection. Its broad range of retirement, disability, and survivors' benefits for millions of Americans makes it an important issue for people of all ages. But changing demographics render the current pay-as-you-go system fiscally unsustainable and generationally inequitable over the long-term. Reversing this trend will require facing up to some hard choices and making far-sighted decisions. "Now is the time to begin preparing for the aging of America by designing a retirement system that is both more secure for the old and less burdensome for the young. Demographic and economic circumstances will never again be so favorable for Social Security reform." 13 months later, on October 1st, 2002 the CC placed a full-page advertisement in the Sunday's New York Times offering voters hard facts and five questions to ask the candidates about Social Security reform. The ad was signed by Concord Coalition Co-Chairs, former Senators Warren B. Rudman (R-N.H.) and Sam Nunn (D-Ga.), and Concord Coalition President Peter G. Peterson, former Secretary of Commerce. The full text of the ad, including five charts, is available on Concord's web site at http://www.concordcoalition.org/new.html Another member of the Concord Coalition is Stephen Friedman, a former co-chairman of Goldman Sachs, the investment firm (who replaced Lawrence B. Lindsey in December 2002 as chairman of the White House's National Economic Council)