My Home About Me

The Wall Street Journal does the Democrats' work for them -- and quotes former Bush Treasury secretary John Snow to do it.

Former Treasury Secretary John Snow says the Bush administration’s first effort to overhaul Social Security failed because the administration was “intransigent” on private accounts...

“We were pretty intransigent about the private accounts,” he said. The administration’s “condition for engaging” was private accounts carved out of the existing social security system, said Snow now chairman of the private equity firm Cerberus Capital Management. “That was a bridge too far for the Democrats.”

So why is it "instransigent" for Bush to insist on private accounts, and apparently not intransigent for Democrats to declare them a "bridge too far"?

stock   investor   charts   Short selling opportunities   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   Basic Materials sector   IRS denies trader tax status   trader tax status   mark to market accounting   Patience in the markets   Dow Monthly Performance   Dow Performance since 1900   Amateur Investors   Nasdaq Composite chart pattern   forex   trade   profit