Thanks to the internet archives, we can see what the Cato Institute's "Project on Social Security Privatization" looked like last year and compare that with its new look, now that the stock market crash has reminded the public about the reality of privatization. In the Orwellian new version, all references to "privatization" have been airbrushed out of history and replaced with the word "choice."
Republicans are "crying foul" when Democrats use the term "privatization" to describe their plans for Social Security, but as Joshua Micah Marshall notes, "The simple truth is that 'privatization' has always been the word Republicans themselves used to describe their policy. That is, it was until they rather belatedly realized that their policy was killing them with voters. ... Now the term (and the policy, for that matter) is a political loser.
PR giant Weber Shandwick (WS) is helping the United Senior Association (USA), a 1.5 million member organization, with its PR needs. USA is backing the prescription drug bill that was passed by the House on June 28. O'Dwyer's PR Daily reports, "That bill is backed by the Pharmaceutical Research and Manufacturers of America (PhRMA), which has made 'educational grants' to USA. PhRMA supports the House measure because it bans the government from setting prices for prescription drugs. It is against a more expansive drug plan that is being introduced in the Democrat-controlled Senate.