(Note to literalists: the Watched column presently contains only a smattering of 'warblogs' because the facilitator of the template-change--Dr. Menlo--is not very familiar with them, and will be adding more as they are sent to him. Also, this blog may contain areas of allusion, satire, subtext, context and possibly even a dash of the surreal: wannabe lit-crits beware.)
Control
[Watch this space for: Pentagon and Petroleum, The Media is only as Liberal as the Corporations Who Own Them, Wash Down With, and Recalcify]
WARBLOGGER WATCH
Friday, July 19, 2002
Despite the dismal doings on Wall Street, President Bush continues to plump for investment of Social Security funds in the stock market.
To some this may seem an almost maniacal course of action. But let us consider the old cui bono. Our President is famously mobbed up with Wall Street. He is less strongly aligned with the rest of us rabble, as well he might be, given our sluggish response to his malfeasance in business affairs.
The Bush plan is touted in right-wing circles as a sure way to "save Social Security." But, given that Social Security is still running a surplus, while Wall Street dances the Devil's jig, it is not at all clear that it is the former party that requires salvation.
So might it be that Bush is pushing privitization not to save Social Security, but to save Wall Street? Put yourself in his place. His buddies are bobbing like Halloween apples in the roiling seas of commerce, while SSA sits on trillions in ripe, investable funds. Who wouldn't loot the lockbox and pump the proceeds into a jittery market?
The obvious answer is, "a patriot." Alas, that's not the sort of man we're dealing with here.