Friday, November 5, 2010

Extreme privatizer named Social Security trustee

The threat to Social Security and Medicare just turned still more sinister.
Charles Blahous, point man for George W. Bush in his abortive campaign to privatize Social Security, has been named one of two Public Trustees for the Social Security and Medicare Trust Funds.

Blahous, formerly on the staff of Wyoming Senator Alan Simpson, was the choice of Senate Minority Leader Mitch McConnell. Blahous is now associated with the far-right Hudson Institute.

The Democrats named Robert Reischauer as trustee. He is a conservative with ties to billionaire Pete Peterson, including membership on the Peterson-funded Committee for a Responsible Budget. If Blahous is clearly an extreme privatizer, Reischauer is at best a lukewarm supporter.

The appointments will weaken Social Security and Medicare from within at a moment when the deficit commission is poised to send its wrecking proposal to Congress.

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