More On Social Security

This is from an article by Molly Ivans from last week.

The Bushies don't want to mend it, they want to end it -- and they are quite upfront about it.

This is not some leftist conspiracy theory: Grover Norquist of The Club for Growth has been open about it for years. What we have here is a happy convergence of ideology (the Market Can Solve All Problems) and greed. The greed is from the financial industry, which stands to pick up an incalculable sum in profits -- and, of course, the financial industry contributes generously to Guess Who. Just the Bush plan of partial privatization would cost about $1.5 trillion in transition costs over 10 years, and Bush wants to borrow that money.

Interesting. Of course Norquist is famous for saying, "My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub." I guess eliminating social security might accomplish a lot of that.