SOCIAL SECURITY -- HOUSE PRIVATIZATION LEADER A WALL ST. LUSH

progressreport.org
2/24/2005

SOCIAL SECURITY -- HOUSE PRIVATIZATION LEADER A WALL ST. LUSH: The
Republican chairman of the House Social Security Subcommittee, Louisiana
Rep. Jim McCrery, has accepted nearly $200,000 in contributions over four
years from the very same Wall Street firms that would likely reap
billions if President Bush's privatization scheme is made law. Campaign for
America's Future
(http://www.ourfuture.org/issues_and_campaigns/accountablecongress/mccrery_home.cfm)
, a progressive advocacy group, yesterday accused McCrery of a severe
conflict of interest
(http://www.nytimes.com/2005/02/24/politics/24social.html?ei=5088&en=bc733e3fbe5cae11&ex=1266987600&partner=rssnyt&pagewanted=print&position=)
, and announced plans to run "newspaper advertisements against Mr.
McCrery under the headline ' Who Does This Man Work For?
(http://www.ourfuture.org/issues_and_campaigns/accountablecongress/mccrery_home.cfm)
' in his hometown, Shreveport," the New York Times reports. McCrery
responded by attacking the group's "extreme liberal bias," while ignoring
the substantive charges.