<![CDATA[If trillions of dollars in new national debt to feed a Wall Street eager for new sources of capital doesn't sound bad enough, take a long read of Scott Rosenberg’s analysis of the Bush Plan for Social Indebetness, and then think about the vague prognostications offered by the Glorious Leader for overhauling Social Security. Not enough to make you queasy this morning? Add BlogforAmerica’s comments about the almost $5 trillion in debt (roughly twice what he found when he took office) that Mr. Bush will be leaving as his legacy to our families.
MORE: Jason Van Steenwyk covers all the misapplied criticisms of the Bush plan and points out—rightly and tellingly—that the whole thing ends up creating massive pressure for nationalizing of private assets if the market goes south.]]>
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More on Social Security madness
<![CDATA[If trillions of dollars in new national debt to feed a Wall Street eager for new sources of capital doesn't sound bad enough, take a long read of Scott Rosenberg’s analysis of the Bush Plan for Social Indebetness, and then think about the vague prognostications offered by the Glorious Leader for overhauling Social Security. Not […]
One reply on “More on Social Security madness”
Bush has some unfathomable agenda or latent stupidity.
Reagan started the star wars initiative, mostly sabre rattling. The USSR effectively went bankrupt.
Now, Bush, with his incomplete SS approach and Star Wars-lite (when no longer relevent), is planning for the bankruptcy of the US. The Bush family has its wealth globalized, so they need not worry. What about the rest of us?
I came the US for opportunity and promise from Bangladesh. Now I find myself living in a decaying imperialistic society clinging to its gory days by trying popular past ideas without present day merit. Think Desert Storm 2, SS privatization (popular in the 90s when stock markets rose illogically), Star Wars lite, and so on.
Faisal Hoque