Michael Weisman on Mon, 10 Jan 2005 05:05:58 +0100 (CET)

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Re: <nettime> BBC promotes the Bush Plan to Privatize Social

Re the BBC take on pensions reform

The irony of this, is that the Conservative governments of Thatcher and
Major made privatization of social security (pensions) a primary policy
goal.  The policy was initially extended by the proto-Conservative
government of Tony Blair, until the financial disaster became too large to
ignore.  Now, Blair is faced with the difficult task of figuring out how to
turn back the clock on this ridiculous policy, while also facing an
increasing number of broke, elderly retiring boomers who thought they could
retire with some small amount of security, and are now applying for jobs at

Ronda, the BBC story was about internal British politics, not US politics.

Mike Weisman 

> So it was curious that the BBC (the world business report) had
> become involved in promoting the privatization of the US social
> security system without any discussion, any investigation of the actual
> situation, or welcoming of diverse viewpoints.
> Also, see for example, the explanation of how the supposed "bankruptcy"
> of social security is but fiction which is contradicted by the official
> government figures:

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