From
WiiIAi:
"Like tax cuts, Social Security privatization was fundamentally about "starving the beast," circumscribing the powers of government. Connect pensions to the stock market, and any attempt to regulate pollution, raise the minimum wage, tax corporations, prevent them sending jobs oversees, etc etc etc would be denounced as threatening granny's <strike>private</strike> personal retirement account. Almost every aspect of a progressive agenda would be measured against the Dow Jones and found wanting. The R's would be practically assured of a permanent majority."
From that point of view, the privatization makes total sense.
This must get out there and everybody must know that this is Bush's plan. Spread the info!