Sunny Days in Heaven
Spiritual/Political/Philosophical Blog on the Nature of Truth and Falsehood and Heaven

Saturday, January 15, 2005  

Sobering Analysis

The Derb at NRO links to this article on Social Security reform which is a must read for anyone concerned about Bush's plan, and the likely fallout and problems.

The column is cogent, brief, and clear to those who are not financial consultants or economics majors.

The author reveals just how great a windfall it could be for sharks, and how many losers would exist, all with a vote and outnumbering the winners.

This is dicey stuff, and needs to be done carefully. SoSec takes in 750 billion a year. Imagine that kind of money, or 150 billion proportion Bush would privatize, every year in the hands of money managers and corporate raiders.

posted by Mark Butterworth | 1:47 PM |