SOCIAL SECURITY PRIVATIZATION
No organization is more responsible for the forced-march drive to privatize Social Security—stealing trillions of dollars of its funds for Wall Street accounts—than the Cato Institute, a multi-million dollar Washington, D.C. think tank. During the past 20 years, Cato has had more than a quarter of a billion dollars lavished on it in contributions by the most powerful Wall Street banks, and largest right-wing think tanks—led by the ultra-right-wing Koch group of foundations. Cato has spent this money on a host of projects intended to destroy the sovereign nation-state and implement fascist economic austerity. But the lion's share has gone into the privatization of Social Security.
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Index of Articles
The article titles are either hyperlinks to the Internet article or to the article on another page of my website. Here are the titles to each of these articles. In addition there is a short summary of most of these articles below.
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Bush Denies There Is A Social Security Trust Fund!
Posted April 28, 2005
Last night, in a rare Monday night session, the Ways and Means Committee of the United States House of Representative voted 22-1 against a resolution which would require the President to produce documentation supporting his oft-repeated claim that there is no Social Security Trust.
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Cato Institute: Anti-Capitalist Clique
Leads the Attack on Social Security
This article appears in the January 28, 2005 issue of Executive Intelligence Review.
by Richard Freeman
In November 2000, the U.S. Supreme Court had hardly decided by a 5-4 vote to
declare George W. Bush the winner of the Presidential election, when the network
of the Mont Pelerin Society and Wall Street firms backing the Cato Privatization
Project descended on the White House. They told Bush he needed to set up a
Presidential Commission on Social Security, because the system was in crisis.
Bush was compliant. In the first months of 2001, he announced the President's
Commission to Strengthen Social Security.
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The Fake Crisis
Economist Paul Krugman explains Bush's latest con -- social security
By ERIC BATES
At his tree-shaded home in Princeton, New Jersey, Krugman took a break from working on a new
economics textbook to explain why the crisis is phony -- and what's wrong with Bush's plan "to convert
Social Security into a giant 401(k)."
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Just Say No By Paul Krugman
The New York Times
Tuesday 01 March 2005
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42 Senators Address Bush on Social Security
t r u t h o u t | Report
Friday 04 March 2005
Washington , D.C. - U. S. Senate Democratic Leader Harry Reid released
the following letter sent to President Bush and signed by 42 Democratic Senators.
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Who Benefits?
The big winners of Private Investment Accounts
By Jack Rasmu | March 10, 2005 |
George W. Bush’s plan to privatize Social Security has nothing to do with enhancing workers’ retirement income. Rather, it is a scheme to redistribute money from the majority of people who work to the minority of people who own the banks and brokerage firms.