Perry, Legislators Throw Away $500 Million Trying To Privatize Social Security

“The great minds of Texas,” as the governor likes to call his special committee cronies, have tossed away more taxpayer dollars on an “innovative” plan that would privatize the Social Security Program. Too bad that, like many of their other plans, it was initiated by the poor judgment of special interests who salivated at the thought of a new resource for unlimited income.

The Bush administration