Bush's attack on social security is an attempt by the rightwing extremists and Wall Street to reap immediate and long-term profits, and also to shift the ideological climate decisively to the right. But millions are not being fooled. Here's coverage, resources and action you can take to tell Bush: "Hands off!"
SAN FRANCISCO — The labor movement and community organizations took on the financial institutions backing Social Security privatization as they held noontime demonstrations Jan. 26 in San Francisco and Boston to protest Charles Schwab and Co.’s leading role in trying to open up the system to Wall Street. 
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Feb 5, 2005
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OPINION
After reading a column in her local paper, the Albuquerque Journal, calling Bush’s Social Security privatization plan “a step in the right direction,” PWW reader Rose Shaw didn’t just get mad – she wrote a response! It was published on the Journal’s op ed page Jan. 5. Her piece is reprinted below. We hope other readers will follow her lead.
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“¡El Seguro Social no está roto y Wall Street no lo va arreglar!” gritaron cientos de manifestantes frente a la Bolsa de Valores, Cámara de Comercio y la oficina de la senadora Dianne Feinstein en San Francisco el 18 de enero.
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President Bush’s pitch to workers, especially young workers, that privatization will make you rich is a Wall Street swindle. A detailed analysis of the most likely Bush administration proposals for Social Security included in the Goldman Sachs Global Economic Research Bulletin for Dec. 17 shows the Bush program to be a fraud — but a clever fraud.
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WASHINGTON — Despite a raging blizzard and the shadow of the Bush inauguration, more than 500 activists turned out for a summit to help craft a strategy of taking back the country from the ultraright. Organized by the Progressive Democrats of America (PDA), the meeting also had a goal of reinvigorating the progressive movement both inside and outside the Democratic Party.
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Labor, retiree and community organizations in California are kicking off a campaign to uphold Social Security against the drive of President Bush and Wall Street to privatize the 70-year-old program serving retirees, the disabled, and families of deceased workers. At the same time, they are gearing up to defeat Gov. Arnold Schwarzenegger’s campaign to privatize the pensions of California state employees.
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Huge coalition moves to stop privatization
“Social Security ain’t broke and Wall Street won’t fix it!” shouted hundreds of marchers in front of the Stock Exchange, Chamber of Commerce and Sen. Dianne Feinstein’s office in San Francisco, Jan. 18. From there the Gray Panthers announced a Feb. 3 national “Day of Deluge,” when people are urged to swamp their Washington representatives with the demand: “No privatization of Social Security.”
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OPINION
Winter is here, and in keeping with the season the Republican White House is planning a carefully crafted campaign of obfuscation (i.e., a snow job!) in an effort to convince present and future retirees and the public in general that a “crisis” is looming with Social Security and changes need to be made.
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Los trabajadores tienen una crisis con cuestión a la jubilación. Los patronos dicen que no pueden pagar las cuotas de jubilación porque hay demasiado jubilados y no hay suficiente trabajadores activos. Ellos usan el mismo argumento para explicar porqué tienen que destruir o privatizar el Seguro Social.
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OPINION
In “Health care: beyond markets” PWW Dec. 18-24, George Silver nailed the disaster that market-driven health care has brought to our nation. He rightly condemned the “architecture of profitability,” decrying the profits and immunity from regulation that have brought industrial giants into health care. He pointed out that preventive investments are almost nonexistent.
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