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McCain Puts Retirement at Risk

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-20-08 03:41 PM
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McCain Puts Retirement at Risk

http://www.afscmeblog.org/2008/03/20/mccain-puts-retirement-at-risk/

March 20th, 2008

For 70 years, Social Security has worked for America, providing guaranteed benefits in retirement, and to workers and their families in the event that they become disabled or die before retirement. Sen. John McCain, as noted in the blog Crooks and Liars, is promoting a dangerous and irresponsible scheme to privatize Social Security.

McCain told the Wall Street Journal recently that he still supports President Bush’s discredited 2005 push to divert Americans’ hard earned Social Security into risky private accounts, which failed because of widespread opposition, including from AFSCME. His plan would hurt all of America’s working families, and would lead to huge cuts in guaranteed benefits that workers have earned and are counting on. Matthew Yglesias at The Atlantic gets it right when he says that McCain’s proposal is “a lethal combination of bad ideas and total lack of comprehension.”

While he may be a maverick, Senator McCain’s plan would radically transform Social Security from guarantee of retirement security for millions into a gamble.



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DesertFlower Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-20-08 03:50 PM
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1. i say "leave it alone". nt
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-20-08 04:02 PM
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2. Shit. I don't know what to think about this. I know that while waiting for my
Mom the other day (last Friday) to take her out to eat (her yearly fish fix at Richie's) that the old guys by the door of the old folks home she lives in were bad mouthing Obama, calling him a liar, and talking about their alternative. Who was that? McInsane, of course.

I wonder how they'd feel about their whacked out geriatric nutball if they knew he wanted to privatise SS?

Of course, this does nothing for me. I don't like Obama or Clinton. At all.
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DinahMoeHum Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-20-08 04:08 PM
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3. Hell, any Republikkkan in the WH puts retirement at risk.
Republikkkans.Suck.Like.A.Hoover.

:evilfrown:
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