Economy  
comments_image Comments

Where Did Paul Ryan Find Inspiration for 'Reforming' Social Security? A Brutal Military Dictatorship, Naturally

The basis for Ryan's big plan was hatched under the radical right-wing Chilean torture regime of 1973 military coup leader Augusto Pinochet.
 
 
Share
 
 
 
 

While the Republican Party and its wealthy plutocrat backers have been accused of waging an elitist virtual war against the American majority, both Mitt Romney and Paul Ryan have financial and ideological ties to rich Latin American elites who have waged real wars against average citizens in their countries.

The anti-democratic ethos of today's GOP, displayed in Republican presidential candidate Mitt Romney's  apparent contempt for 47% of U.S. citizens, is reflected in the origins of Mitt Romney's private equity firm Bain Capital, which was  founded with money from Central American financiers linked to government-backed death squads in El Salvador. Paul Ryan's budgetary ideas have a similarly dark origin, in the paradigmatic case of what author Naomi Klein has dubbed  "The Shock Doctrine".

In August 2012, Republican political consultant Roger Stone made the  accusation that the billionaire libertarian Koch Brothers had bought Mitt Romney's selection of Paul Ryan as a running mate, by offering to kick in $100 million more for "independent expenditures" in the 2012 presidential election.

While the charge may never be substantiated, Paul Ryan is  one of the few elected officials allowed into the inner sanctum of the Koch brothers and their fellow libertarian big money donor circle.

It is also the case that Paul Ryan's Social Security privatization ideas  closely track Koch Brother schemes promoted from the Koch-funded libertarian Cato Institute since 1980, over three decades ago - before Ryan had even hit puberty. Cato's website currently features the ringing  endorsement of Paul Ryan:

"Ryan is an articulate defender of free enterprise, and he consistently argues not just for the practical advantages of smaller government but also about the moral imperative to cut... if the next administration is Republican, and if it decides it wants to push major reforms, Paul Ryan is uniquely qualified to lead the charge."

In 2005 Congressman Paul Ryan led a failed Republican legislative push for a Social Security privatization plan that also later popped up in Ryan's 2010 "Roadmap For America's Future". This  centerpiece of Ryan's budgetary vision traces back to a vicious war on the poor and middle class that was waged over three decades ago by a South American police state.  

The conceptual basis of Ryan's Social Security privatization approach was hatched as the  Piñera plan that was  implemented under the radical right-wing Chilean torture regime of 1973 military coup leader Augusto Pinochet.

The Pinochet regime honed many of the techniques later used at the Abu Ghraib prison, in Iraq, was known to dispose of its unwanted citizens by throwing them out helicopters into the sea, and ran a transnational terrorism syndicate that murdered thousands and has been accused of a 1976 car bombing assassination in Washington D.C.

While the Piñera plan sought to eliminate wealth redistribution under the old pre-Pinochet Chilean pension system - by jump-starting a new pension system under which Chileans began investing in private sector pension accounts - by 2006, by broad Chilean public consensus, the original Piñera Plan was  considered to be a failure and in 2008 it was substantially  modified by new legislation.

report on the Chilean pension reform from the U.S. Social Security Administration explained, "The cornerstone of the new law sets up a basic universal pension as a supplement to the individual accounts system." As the the New York Times described in an April 2008  story, Chile's new law was a dramatic move away from radical libertarian privatization:    

"Chile is undertaking its biggest overhaul ever of its pioneering private pension system, adding sweeping public payouts for the low-income elderly.

The new $2 billion-a-year program will expand public pensions to groups left out by private pensions - the poor and self-employed, homewives, street vendors and farmers who saved little for retirement - granting about a quarter of the nation's work force public pensions by 2012."