Goody, goody, gumdrop. We could get Phil Gramm back again, this time as secretary of the treasury. Oh how I've missed that little ray of sunshine, the bleeding heart from Bryan, the man who thinks poor people are all fat. As author Jim Hightower used to say, if you need a heart transplant, try to get Phil Gramm's -- it's never been used.
Just what we need for treasury secretary: the banking industry's errand boy. The man who helped bring us Enron.
According to The Washington Post, President Bush wants a new economic team. Can't imagine why. Oh, here it is: It's "part of Bush's preparation for sending Congress an ambitious second-term domestic agenda." He wants someone "who can better relate to Congress and be more effective in dealing with financial markets and television interviewers."
There you have it -- Phil's perfect for the job. Mr. Charm. And he knows how to talk those seniors into getting rid of Social Security. He's in practice. He's been back here in Texas lobbying to make it legal to sell "dead peasant" life insurance to the Teacher Retirement System.
"Dead peasant" insurance is such a deal that Wal-Mart and lots of big companies do it. See, a company like Wal-Mart takes out life insurance on low-wage employees (that would be Texas teachers), then it gets to deduct the premiums from its taxes. And when the employee dies, the company gets a benefit between $64,000 to more than $250,000.
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