I've been thinking for a while about why the Bushies have invested so much second-term energy and political capital into this bogus social security plan. I've come to a conclusion very similar to the following, which I found at Air America :
But one of the most succinct and plausible explanations comes from Doolittle over at Daily Kos:
"Running beneath the Bush administration's talk of creating an "Ownership Society" is something they won't come right out and say openly: They are crafting a long-term strategy to render the Democratic Party impotent for decades to come. It's no secret that virtually every act of the Bush White House is done with political considerations in mind, usually camouflaged with Orwellian language...Here's where it really gets diabolical. If privatization becomes a reality, every issue from that point on can be framed as a potential threat to people's retirement funds. Environmental laws. Labor laws. Corporate taxes. Liability laws. The whole regulatory framework of modern corporate America will suddenly be transformed into a drag on stock earnings and a direct attack on the retirement funds of millions of Americans."
No comments:
Post a Comment