He has written an awesome and damning piece about Bush and his "principles" for the Harvard Crimson which was picked up by the Smirking Chimp. (And I found it via the excellent Sideshow.)
Thirty years ago, President Bush was my student at Harvard Business School. In my class, he called former president Franklin D. Roosevelt, Class of 1904, a "socialist" and spoke against Social Security, unemployment insurance, the Securities and Exchange Commission, and other New Deal innovations. He refused to understand that capitalism becomes corrupt without democratic civic values and ethical restraints.Dr. Tsurumi could easily have used the present tense -- refuses to understand.
Bush is the first president of the United States with a Master's of Business Administration (MBA). Yet, he epitomizes the worst aspects of America's business education.The whole thing is worth reading.
To privatize Social Security, he is peddling a colossal lie about its solvency. Furthermore, Bush, along with today's business aristocrats, shows no compassion for working Americans, robbing them to benefit big business and the very rich. Last year, due to Bush's tax cuts, over 80 of America's most profitable 200 corporations did not pay even a penny of their federal and state income taxes. Meanwhile, to pay for his additional tax cuts for the very rich, Bush is drastically cutting back several social services, such as federal lunch programs for poor children.
And I suppose it's too much to ask that someone in the MSM would actually query Bush about how he really feels about Social Security (& FDR for that matter)? He's been against Social Security and the New Deal programs for decades. Why does no one bring this up? The media should realize that when the truth of this rising tide of fascism becomes known to Judy & Joe Regular in the heartland that they too will be held accountable for their gutless lockstep march alongside the current regime.
Bush doesn't want to strengthen Social Security, he wants to eradicate it.
Big difference, you know?
It's also unconscionable that he is being allowed free rein to take his show on the road on taxpayer dollars to tout what amounts to propaganda.
This should never, ever be acceptable. Read up on your Goebbels, folks ... you can bet Rove did.
1 comment:
Professors can be nutbars as well.
A Pay-as-you-go Pension Plan is doubly insolvent at pernicious. Your country has almost everything right economics-wise, except that you all do not save enough money as a national economy.
At the very least, you have to reform social security to convert it over, say, 25 years, to be like a proper pension---a given worker saves for his own retirement.
Let social security take care of this, but let personal accounts supplement the burden as well.
At the same time, legislate comparatively full portabiliy in private pensions as well.
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