The Republican push to privatize Social Security is back!


Richard Eskow's picture

Palin Trumps Obama - On a Trojan Horse Filled With Bankers

Never underestimate Sarah Palin. She did a better job articulating anti-banker sentiment at last week's Tea Party Convention than Obama's done. Its followers don't realize it, but the Tea Party movement is really a Trojan Horse filled with bankers and lobbyists. It's a brilliantly designed mechanism for channeling anti-bank rage to the banks' own benefit, with Palin et al. in the forefront.

And it could work. more »

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Alex Carter's picture

No Mandate for Privatization

Just as in 2005, the public can ensure that Republican leadership doesn't forget: There is NO public mandate for Social Security privatization. By an almost two-to-one margin, according to Democracy Corps surveys, the public says it will not support trading guaranteed retirement security and the most successful antipoverty program in the country's history for guaranteed benefit cuts and guaranteed risks on Wall Street. Grassroots campaigns across the country will revive the drive to save Social Security.

Chris Collins's picture

The Privatization Threat Is Back

Prominent Republicans have come out publicly in past weeks stating that, given the chance in 2007, they will push Social Security privatization again. This includes...

  • President Bush and his Chief of Staff Josh Bolten
  • Treasurer Secretary Henry Paulson
  • House Majority Leader John Boehner
  • And other key Republicans

The Republicans apparently haven't learned their lesson from the 2005 defeat of privatization: the American public, armed with the facts, will overwhelmingly reject privatization for the bad deal that it is.

The Progressive Solution

Progressives need to take a broad and bold approach to helping Americans establish a solid three-legged stool of retirement security. more »