Sunday, January 23, 2005

He Lied about WMDs, Why Not About Social Security?

Lying is the M.O. for these people. They want to get their hands on that money to prop up the deathbed stock market just a little bit longer so all the cronies (they danced at the inaugural) have time to get their money out, leave the little pro-Bush folks (pensionless too) holding the empty bag they deserve for electing him. (Non-Bush voters are smart enough to get out before it all comes down.)

"Key Republicans in Congress on Sunday questioned White House assertions that the Social Security system was in crisis, one of President George W. Bush's justifications for acting now on private accounts, and said new taxes should be considered.

House Ways and Means Committee Chairman Bill Thomas said on NBC's 'Meet the Press' that Congress should 'look beyond' the payroll tax to fund the Social Security retirement system and consider a value-added tax and other changes.

Thomas called the retirement system's finances a 'problem' rather than a crisis, distancing himself from the crisis terminology used by the White House in seeking public support for creating private accounts.

Democrats and other critics say Bush, by warning of a crisis, is trying to scare Americans into supporting his plan to let workers shift part of their Social Security payroll taxes into private accounts to invest in stocks and bonds."

Story