Now that Bush is opening the door to a private-accountless plan we can all be very very scared. Bill Thomas is currently cavorting in one of the lower circles of hell with Satan's own actuaries and tax experts trying to craft some sort of plan which will one way or another open the door to the destruction of Social Security and a massive shift of the tax burden over the long run onto the poor and the middle class. It won't say that of course, and it will be meticulously designed to appeal to the only focus group that really matters - the Russert/Hiatt/TNR center right crowd who will demand that the Democrats applaud this wonderful compromise.
The fight is about to begin anew...