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Monday, December 20, 2004

Lobbying for Privatization Ramps Up 

Let's gear up for the fight over Social Security. Wall St already has.

"Our sense is there is a lot of activity behind the curtain," said Bill Patterson, the director of the office of investment at the A.F.L.-C.I.O. "There is a dangerous confluence between the industry and the ideologues of the right. These groups can't do it by themselves - they need the covert and overt support of the financial services industry."

That's from tomorrow's NY Times article by Landon Thomas Jr. citing the efforts being carefully ratcheted up on Wall St. to promote privatization. Our opposition needs to ramp up in synch.

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