I put Middle Earth Journal in hiatus in May of 2008 and moved to Newshoggers.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.

Saturday, January 01, 2005

Harold Ford's Non Turnaround

Our friend Bolo Boffin reports that Harold Ford's "turnaround" on Social Security "reform" is not much of a turn around at all.
Wow, that was a turn-around!

Or was it? Ford tells us the reason that he doesn't support Bush's proposal or the CATO Institute's proposal: transition costs. Which is exactly his problem in the article quoted below. In this non-denial, he clearly states "I do believe that the system needs to be reformed," which means cut it to pieces, let Wall Street stay warm on the administrative fees, and damn the people who lose their shirts in the stock market.

It doesn't matter, Mr. Ford, that you don't support Bush's plan to kill Social Security. It doesn't matter that you don't support CATO's plan to kill Social Security. You still are working to eliminate the universal guarantee of benefits. You're still in favor of destroying it.
Once again Bolo does a really good job of reading between the lines.

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