Bush’s Pulls Social Security End Around

Last year George W. Bush suffered one of the largest political defeats of his Presidency when the American people resoundingly rejected his plan to privatize Social Security. Now, in one of the ballsiest moves since Davey Crockett told Santa Anna to shove it at the Alamo, Bush has told the American people to shove it by sneaking Social Security privatization into his federal budget proposal.

But this year, with no fanfare whatsoever, Bush stuck a big Social Security privatization plan in the federal budget proposal, which he sent to Congress on Monday.

His plan would let people set up private accounts starting in 2010 and would divert more than $700 billion of Social Security tax revenues to pay for them over the first seven years……

On page 321 of the budget proposal, you see the privatization costs: $24.182 billion in fiscal 2010, $57.429 billion in fiscal 2011 and another $630.533 billion for the five years after that, for a seven-year total of $712.144 billion.

Has this guy got a pair on him or what?

Hat tip to Mr. Anderson.

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