Itsy witsy bitsy privatization<$NoAd$>?

Wolf Blitzer questioning Treasury Secretary John Snow on the president's phase-out plan, which recent reports say will divert as much as 30% of revenues into private accounts (emphasis added) ...

In terms of legislative strategy, do you envisage the Social Security reform that the president is proposing, the little partial privatization of Social Security, for that legislative battle to precede the tax simplification battle, if in fact, there is a battle? Or to be simultaneous? These two issues coming before the Congress around same time.

Perhaps there'll be an Olympic competition for egregious mimickry of the White House party-line. Of course, Armstrong Williams couldn't compete, since he's already gone pro ...

[ed.note: Special thanks to TPM reader LS.]