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Bush trying to backdoor privatizing Social Security

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LiberalPartisan Donating Member (844 posts) Send PM | Profile | Ignore Thu Feb-09-06 11:23 AM
Original message
Bush trying to backdoor privatizing Social Security
Feb. 8, 2006 - If you read enough numbers, you never know what you'll find. Take President Bush and private Social Security accounts.

Last year, even though Bush talked endlessly about the supposed joys of private accounts, he never proposed a specific plan to Congress and never put privatization costs in the budget. But this year, with no fanfare whatsoever, Bush stuck a big Social Security privatization plan in the federal budget proposal, which he sent to Congress on Monday.

His plan would let people set up private accounts starting in 2010 and would divert more than $700 billion of Social Security tax revenues to pay for them over the first seven years.


http://msnbc.msn.com/id/11235990/site/newsweek/


:) ....I thing we just won back Congress in 06 and the White House in 08.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-09-06 11:30 AM
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1. Page 321?
On page 321 of the budget proposal, you see the privatization costs:
$24.182 billion in fiscal 2010,
$57.429 billion in fiscal 2011
$630.533 billion for the five years after that

seven-year total of $712.144 billion.


As Karl Sagan would say: Billions and Billions
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PATRICK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-09-06 11:31 AM
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2. They won't let go
Just in case people want to congratulate themselves on the pressure they put on lawmakers or the overwhelming public support they have against Bush's agenda.

He won't stop. It's not a matter of courage but a matter of him still being in power. They always twist around and come back until they get their loot. No issue is too big or too small for them ever to admit defeat or exercise prudence or caution.

Bush will likely destroy social security at least in the backhand fashion he murdered the RX drug bill and probably a goodly number of our seniors in the process. Every day I go to the pharmacy their is some senior stammering in disbelief at the new costs of their drugs no matter what plan they have. Do you think Little Boots gives a damn? Or respects their opinion? Or their power in the vaporized ballot box?

And you can tell your posing Congressmen that all the posturing and "brave" battles to save social security or anything else is meaningless unless they put the tin pot dictator in their midst into his proper place.

Which is our humble opinion is behind bars, not in them.
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LiberalPartisan Donating Member (844 posts) Send PM | Profile | Ignore Thu Feb-09-06 01:55 PM
Response to Original message
3. ..~bump~..
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