Social Security study

President Bush's push to create individual investment accounts in the Social Security system would hand financial services firms a windfall totaling $940 billion over 75 years, according to a University of Chicago study to be released today.

Bush has expressed strong support for allowing workers to divert some of their Social Security taxes to accounts that could be invested in stocks and bonds. But he has never embraced a specific proposal to revamp Social Security, even after his own Social Security Commission presented him with three reform options.

Sen. John F. Kerry plans to use the paper, by economist Austan Goolsbee, as he campaigns in Florida today, hoping to open a new line of attack against Bush. The Democratic presidential nominee is expected to say that Bush's Social Security plan is a sop to Wall Street donors, who are among the Bush campaign's biggest financial backers.

WaPo article

But he won't mention that the whole privatization/corporatiza tion of America is bad for the general public, of course. Nor that the same donors give to his campaign as well.

...but hey, do what you want...you will anyway.