Beat the Press
Does Obama Want to Cut Social Security or Did the NYT Send Out a False Alarm?
The headline of an NYT article tells readers that "Obama Promises Bid to Overhaul Retiree Spending." The first sentence warns that "overhauling Social Security and Medicare would be 'a central part' of his administration’s efforts to contain federal spending, signaling for the first time that he would wade into the thorny politics of entitlement programs."
This certainly makes it appear as though President-elect Obama intends to use the Wall Street ...
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The type of spin described in this article is a very common technique of both the Creationist/Intelligent Design movement and the conservative/neoliberal/anti-tax/deficit hawk movement. I have heard no indication that Obama has ever been in favor of privatizing social security.