To: RetiredNow who wrote (214943 ) 1/15/2005 10:02:21 AM From: Alighieri Read Replies (1) | Respond to of 1573901 Waging War on Social Security By Charles Cutter (www.cuttersway.com) Jan 13, 2005, 18:51 Email this article Printer friendly page It looks like George W. Bush has finally given up; in a shocking acknowledgement of reality, the U.S. government has now officially stopped looking for weapons of mass destruction in Iraq. Turns out the Iraq crisis was, in fact, no crisis at all. It was all a game of pretend, manufactured by Bush & Co., intended to scare a frightened post-9/11 American public into accepting an unprovoked invasion. At the end of the day, the Bush people got what they wanted - not just access to oil wealth, but the freedom to divert billions of U.S. tax dollars to favored corporations. The occupation of Iraq was the primary goal of the Bush administration during their first term, and it had nothing to do with illegal weapons or homeland security. Now they’re applying the same methodology to achieve their primary second term goal - they intend to invade and occupy the money fields of Social Security. And it has nothing to do with providing financial security to retirees. The strategy first requires convincing the American public that there is an imminent crisis with Social Security - financial WMDs, so to speak, hidden in their retirement benefits. Mr. Bush is busily firing salvos to this effect: "By the time today’s workers who are in their mid-20s begin to retire, the system will be bankrupt…" The fact that this is untrue is not particularly meaningful. After all, the absence of WMDs in Iraq can’t undo the damage done in that country, cannot bring back more than 1300 dead American soldiers or the uncounted thousands of slain Iraqi civilians. In the same vein, once Social Security becomes "privatized" it’ll be too late. Mr. Bush has been deliberately vague on specifics, but the essence of his program is this: Current workers would be allowed to divert some of their Social Security withholding tax into private stock market accounts. However, because today’s Social Security taxes are paid to today’s Social Security beneficiaries, we’re facing an instant cash crisis. Mr. Bush’s solution? Borrowing, adding an estimated one to two trillion dollars to the national debt over the next decade. Who really benefits? Investment bankers, fund managers, the entire corporate elite who fuel the Bush administration. <>A recent Gallup poll showed that only forty-one percent of Americans support Mr. Bush’s plans regarding Social Security. No problem there, from the Bush perspective; after all, only forty-five percent of Americans supported the invasion of Iraq - in a Harris poll taken shortly before Mr. Bush invaded Iraq. There is a transparent consistency in all of this. George W. Bush has been trained in gutter politics and gutter capitalism - win, at any cost, then gloat about the victory. Bush & Co. saw the writing on the wall regarding a Medicare prescription drug program. Instead of opposing it, they simply embraced it with a vengeance, taking the idea and warping it to benefit the pharmaceutical and insurance industries. They were so anxious to get the legislation passed they even lied about the cost…until it was a done deal. The upcoming inauguration is a powerful gauge of the wasteful opulence associated with the Bush forces. "Private donors" are funding the festivities, to the tune of $40 million dollars, in addition to an undisclosed expense to the federal government. Need further evidence of Mr. Bush’s priorities? "D.C. officials said yesterday that the Bush administration is refusing to reimburse the District for most of the costs associated with next week's inauguration, breaking with precedent and forcing the city to divert $11.9 million from homeland security projects." (Reuters, 1/11/05) A spokesman for Rep. Thomas M. Davis III (R-VA) said: "It’s an unfunded mandate of the most odious kind. How can the District be asked to take funds from important homeland security projects to pay for this instead?" A "let them eat cake" kind of moment, signaling the beginning of four more years. So, make no mistake about it: George W. Bush intends to gut Social Security. He’s raiding its vast financial resources for the benefit of his Wall Street friends. His team senses the opportunity, and they will seize it. This is not to say that Social Security is not in need of some serious tweaking - indeed, the entire U.S. budget is out of control. But there is a vast difference between Social Security reform and the plunder envisioned by George W. Bush. The time is now for people to contact their senators and representatives, to let them know that supporting Mr. Bush’s plan will have a vote-altering impact in the next election. Unless you want your Golden Years to resemble the shambles that is post-invasion Iraq.