Wednesday, June 22, 2005

The Good News - There's a Surplus. The Bad News - There's a Plan.

I'm feeling a little angst here. I know that Crabby Old Lady at As Time Goes By has been out looking at property, but the Republicans are busy trying to sell us a new brand of snake oil to cure what ails Social Security.
Republicans now want to fund their "Private Accounts"... (Why do you suppose Wall Street financial managers are so eager to get this passed? Do they love us?)... with what they choose to call the Social Security Surplus. A Social Security Surplus? The President is spreading the alarm that within a few years the presesnt system will be bankrupt... but at the moment he has a surplus... and he wants to invest it for us? And how will this work in the coming years when there is no surplus?
If any Bush supporters read my blog... what is wrong with you?... and do you happen to know if Mr. Bush ever actually made any money for his investors in his business ventures before he took up a life of... politics?

1 comment:

Anonymous said...

Glad to see you're taking up the Social Security slack while I've been out of town, AQ. Crabby's got some catching up to do and she'll get back to this as soon as she's done that.