6 Men. 6 Places. Varied backgrounds. Variety of Industry. what you finally get is a "Arusuvai virundhu". This is our honest recordings of things, news, informations which influenced us in everyday's life. Viewing this from decades from now, will throw some ideas & informations of the period we lived in. The social, cultural, political & personal influecnes of our current time is reflected in this post.

Friday, January 21, 2005

The art of Bushism - Unsocial Security

The art of Bushism is started in US. After winning the elections, the first official Bush's Press conference was held sometime last month. He answered the questions for Wall Street Journal, one of the most respected, Republican newspaper supporting Bush. Bush said in his interview that there will be a crisis with the "social security".

This is the first attempt by the Bush, post Iraq War to terrify the American public. It reminds me of the interview in Faranheit 9/11, where Moore interviews a social psycologist, where he repeatedly saying that the Bush's Government wants to make the people in fear always. The idea is to create tension in the minds of the people, where people will not be able to think and will get carried away by the media information which is fed to them. Terrifying, frightening and making people in constant fear enable the Government to spend more on the millitary & defence expenditure. Read my earlier post on "What drives America"? you will see the connection there.

The Newyorker, one of the world's famous magazine & a leftist wing magazine in US, clearly details the proposed bill of Bush. Excerpts from the article - Unsocial Security

"Bush proclaimed at an “economic summit” a month ago. He does indeed have some ’splaining to do. This year, the Social Security system—the payroll tax, which brings money in, and the pension program, which sends money out—will bring in about $180 billion more than it sends out. It will go on bringing in more than it sends out until 2028, at which point it will begin to draw on the $3.5 trillion surplus it will by then have accumulated. The surplus runs out in 2042, right around the time George W. Bush turns ninety-six. After that, even if nothing has changed, the system’s income will continue to cover seventy-three per cent of its outgo."

It’s as bogus as the Alliance for Worker Retirement Security—which, in reality, is an “astroturf,” or fake-grassroots, front for the National Association of Manufacturers. There is no Social Security crisis, and there is not likely to be one.

The much-hyped “crisis” looks suspiciously like the Social Security equivalent of W.M.D.s. This time, though, we have better intelligence
Read the full report from New Yorker

1 Comments:

Blogger Narain Rajagopalan said...

Yov!! some body writes the comment man. Come on, i am not running a free news agency service for you guys!! ;-)

January 21, 2005 at 4:04 PM

 

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