Bush's obsession with privatizing Social Security, which has been soundly criticized by both Democrat and GOP analysts, would destroy the old-age safety-net which has benefited so many of our elderly citizens over the last several decades, but it would enrich the Bush/Cheney campaign contributors in the finance/ banking industry.
There are quite a few things about Bush's Social Security privatization scheme that Bush and his campaign contributors are not telling Americans about, and since Bush was caught using fraudulent estimate figures for his Medicare program, it would not be unreasonable to assume that Bush and his campaign contributors are lying about this Bush policy scam, as well.
Here are examples of things you will NEVER hear from Bush and his handlers regarding Bush's privatization scheme:
Bush Jr has not--and will not--inform Americans that one of his SS privatization "experts" he has consulted is Jose Pinera, a native of Chile, who not only owns a lucrative international pension-fund privatization consulting company, but was also the Minister of Labor in Chile during the murderous Pinochet regime. During his career in Pinochet's government, Pinera ended Social Security in his native Chile in 1981. Despite the fact that his privatization scheme has been an abysmal failure for the average citizen of Chile, Pinera has pushed this same program in countries all over the world, including the United States.
Jose Pinera is the co-chair of the Cato Institute's Project on Social Security Privatization, despite the outrage expressed by many when--thanks to new interest in the Pinochet regime following Pinochet's arrest in England--it became common knowledge that a powerful American conservative "think tank," in part funded by Richard Mellon Scaife, via Paul Weyrich's Free Congress Foundation, has played an important part in the brutal, CIA-backed and enabled Pinochet regime.
Larry Birns, an ex-senior public affairs officer for the U.N. Economic Commission for Latin America in Santiago, Chile stated: "Pinera was the Pinochet dictatorship's labor minister at a time when the country's trade union movement was suffering one of its worst periods of repression"...."workers were seeing the dismantling of their rights." ... "Pinera was a vital cog in the Pinochet dictatorship's ability to implement a draconian labor code. It is simply outrageous for the Cato Institute to have him as co-chair of its Social Security privatization effort. This is an example of crime without punishment and reflects the conservative organization's contempt for the suffering imposed on Chile's population during the Pinochet era." During the Pinochet/Pinera regime (according to the London Sunday Times), the Pinochet regime was responsible for the politically-motivated murders of 3197 people, and greater than 1000 people are still missing. In addition, "tens of thousands were imprisoned or exiled, but often Pinochet's assassins would follow them."
Indeed, it was Pinochet bloody coup against Ayende that set up the conditions under which Pinera's social security privatization program could be instituted. The workers--realizing that the Pinochet regime was an environment where protesters were routinely shot--really had no choice when the Pinochet government "recommended" that they switch to the privatization plan.
http://www.politicalamazon.com/ss-pinochet-pinera.html