White House Uses Katrina to Justify SS Privatization

No joke - the White House is now trying to use the disaster on the Gulf Coast to justify its scheme to privatize Social Security. CongressDaily reports that Bush spokesman Trent Duffy "asserted that the vast spending that would be required to address the hurricane's impact adds to the need to change Social Security, which threatens to strain the budget in coming years." Right - because a plan that would cost trillions to implement, and deplete the retirement savings of millions will somehow help the tragic aftermath of Hurricane Katrina.

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