Molly Ivins understands the Social Security Rape-I wish our mainstream media understood/spoke out
http://www.workingforchange.com/article.cfm?itemid=18336In the Texas legislature, they are called "prior-roarities," such a happy coinage. What should come prior?
When the pitter-patter of falling year-end columns comes again, not necessarily next year, but certainly four years from now, I fearlessly forecast a dismal unanimity: that the Bush Administration II suffers from bad and dumb prior-roarities.
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Let's get this straight. The Republicans do not want to fix Social Security, they want to kill it. Period. They don't want to "partially privatize" Social Security, they want to end it. What they want is a private pension system like the one their pointy-headed heroes at the University of Chicago dreamed up for Chile, the poster child of why we should not do this.
This same rigid, inflexible, impractical the-market-is-always-best ideology is like a form of mania with these folks. As Paul Krugman patiently points out, "Claims that stocks will always yield high, low-risk returns are just bad economics."
In fact, it's more than passingly reminiscent of another rigid, inflexible, politico-economic orthodoxy: communism. And just as capable of robustly ignoring reality. <snip>