Oh, the sweet irony.
Pete Peterson is the conservative billionaire who is a major financier in the effort to dismantle, cut and privatize Social Security, Medicare and Medicaid. Recently he and his foundation held a contest asking folks to submit videos on why it is important to “fix” the national debt of which, he and his foundation falsely claim, Social Security is a major contributor.
Sometimes the best-laid plans for a propaganda campaign can go awry. The winner of the $500 grand prize determined by popular vote on the website came from the completely opposite side of Peterson’s cut Social Security argument.
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Peterson’s check went to Robby Stern of Social Security Works, the group that produced the video. Stern signed it over to Social Security Works and said:
We will use the $500 to finance our education efforts and our Scrap the Cap campaign. We want to save Social Security from Peterson and his band of wealthy supporters.