WP: Happy 70th Birthday, Social Security

[DeepModem Mom]

Happy 70th Birthday, Social Security
On Weekend of Celebrating FDR's Signature, Debate Over Program's Future Shifts

By Jonathan Weisman
Washington Post Staff Writer
Sunday, August 14, 2005; Page A05


Seventy years ago today, President Franklin Delano Roosevelt signed the law that created the Social Security system, but this year's great debate over the program's future has all but left behind President Bush's goal of maintaining the system's solvency through the baby boom's retirement.

Instead, the battle lines have shifted to a House Republican plan to establish private investment accounts out of Social Security's cash surplus, a plan that even its advocates say would do nothing to improve the program's financial outlook.

Opponents of private accounts will be out in force today, with 131 events celebrating Social Security's anniversary, including birthday balloons on the Mall and the distribution of 50,000 "birthday cards" laying out opposition to the latest version of a Social Security restructuring. On Friday, James Roosevelt kicked off events at a rally in front of his grandfather's memorial.

Bush administration officials are also fanning out this weekend to make the case that the nation can best honor the program by accepting the president's prescriptions for its future.

But Republican lawmakers -- and even pro-Bush lobbyists -- concede there is very little momentum left for the steps needed to secure the system's fiscal health....


http://www.washingtonpost.com/wp-dyn/content/article/2005/08/13/AR2005081300456.html

[Cha]

1. This looks like pure

Shite..

"But Republican lawmakers -- and even pro-Bush lobbyists -- concede there is very little momentum left for the steps needed to secure the system's fiscal health...."

Don't they mean..to UN-secure "the system's fiscal health"?????

bush wants to steal SS..No Doubt in my mind.

[stepnw1f]

2. Has Survived Seventy Years of Republican Attacks

Boy do they make me sick. The antiFDR party. That's all they have become. And now we know they are just Fascists hiding behind another name.

[Zorra]

3. The republican plan: The "Social Insecurity Program".

Never let a republican within 20 feet of your cookie jar.

[TahitiNut]

4. "The $4.7 Trillion Pyramid" from April's Harper's -- A MUST READ

"The one sure mark of a con, though, is the promise of free money. In fact, the only way the stock market is going to grow is if we the people put a lot more of our money into it. What Bush seeks to manufacture is a boom — or, more accurately, a bubble — bankrolled by the last safe pile of cash in America today. His plan is a Ponzi scheme, and in that scheme it is Social Security that is being played for the last sucker."
http://www.harpers.org/The4.7TrillionPyramid.html


Those of you who're familiar with my posts over the years will note that I very rarely proclaim a "MUST READ" -- less than a handful of times in the last 3 years. If folks read nothing else, this article would be sufficient, in my opinion.