Not in a sexy way, you understand. She's a cute girl and all, but I'm married and straight. Mostly.
It's all about her use of the Engrish ranguage.
In a few cogent paragraphs, she's managed to sum up what it is about Bush and his I.O.U.'s that pisses me off so much.
For more details, read her most recent article, entitled Bush's New Math, which is available
here.
AUSTIN, Texas -- Attention, all campers! "Progressive indexing" is just another word for "cutting Social Security benefits." Do not be fooled by this idiot locution. Just as sure as "extraordinary rendition" now means "shipping the guy to another country so he can be tortured," progressive indexing means cutting benefits. Got it?
Yes, I do, Molly. You've cut through that foamy substance Bush has exuded to hide the truth. The middle class are getting their benefits cut in Bush's Social Security proposal, so that the plan would only benefit the people making less than $20,000.
Would you hire this man as an investment consultant? Bush said, "I know some Americans have reservations about investing in the stock market, so I propose that one investment option will consist entirely of treasury bonds, which are backed by the full faith and credit of the United States government." These are exactly the same treasury bonds that currently guarantee Social Security and have been described by Bush, including in the very same press conference, as a cabinet full of "worthless IOUs."
Beautiful! Thank you. You've plucked a quote from Bush's lips, turned it around and shoved it right up his... nose. Claiming that Treasury Bonds were merely IOUs was a lie of the first water. Now he's hoping that people will forget he said that.
She goes on to explain why the Treasury Bonds plan is a poor way of saving money. You end up losing $4.00 a month from your Social Security benefit by buying one treasury bond. Read more of her article to really understand what's going on - I'm not going to bother, she's already done an excellent job.
And finally, she proposes a fix that won't bankrupt the middle class, and one which I'm firmly behind.
One thing you could do is let the Bush tax cuts expire at the end of 10 years, as they were originally supposed to do, or you could take the cap off Social Security taxes, which is now set at $90,000. That means at present any income you make over $90 K is not subject to Social Security taxes, one of the most flatly regressive features in the tax code. Removing the cap would solve the projected Social Security deficit, despite right-wing claims to the contrary.