The moment of truth has arrived. According to press reports, President Obama has openly embraced cutting Social Security and veterans benefits by imposing the "chained CPI" cut on cost of living increases, which is like signing in blood the idea that the federal government's priorities should be owned by the 1% rather than by the 99%. The war in Afghanistan will continue, the boondoggle F-35 "Bankrupter" fighter plane will continue, the $83 billion annual taxpayer subsidy to the "too big to fail" banks will continue, but the earned benefits of America's working families, including disabled veterans and their survivors, will be cut if President Obama has his way.

The only thing that can stop President Obama from cutting Social Security now is Congress. Therefore, the only thing that can stop President Obama from cutting Social Security now is public pressure on Congress to stand up to Obama and say no. The pressure that has been exerted so far was not sufficient to stop President Obama from doing this. Therefore, public pressure against Social Security cuts must significantly escalate.

Let's be clear about what's not true. From the point of view of the interests of the 99%, there was no legitimate reason for President Obama to do this. The President's marketing strategy will be to say that Obama had to do this because it was necessary to get a deal with Congressional Republicans to raise taxes.