The odd thing about President Bush's initiative to reform Social Security is his concern that, in 13 years, Social Security will be funded partly from general government revenues. For some reason, this seems to bother Bush to extreme. It bothers him enough to want to change the most successful government program in history, to transform it from being solvent for 13 more years to being trillions of dollars in debt almost immediately.
Right now, Social Security taxes are being used to fund the general government operations. Social Security is running a surplus. Funds from the surplus taxes are being transferred to pay for the rest of government.
Why doesn't this bother Bush? This is a guy who is creating the biggest budget deficit in history. He thinks it is critically important to cut income taxes, as well as taxes on dividends and capital gains, which are benefits to wealthy individuals. But when a regressive tax like the Social Security tax is being used to fund the government, that doesn't bother him.
This is a clear indication of Bush's priorities, and it indicates his motivation for changing Social Security. He isn't concerned with the lower and middle income people who disproportionately pay for and benefit from Social Security now. He is concerned that income taxes on wealthy people may someday be necessary to fund the benefits.
Could it be that he is also concerned about stock brokers, who will be able to charge fees when they trade the vast amount of money from the Social Security fund? Could he be interested in the rise in stock prices that will occur when all the money is used to buy stocks, which will benefit people who already own stocks more than those who will get "personal accounts"?
Maybe someone should ask Bush what he really wants to accomplish, and who he really wants to benefit, before this program is driven into debt.