Home > Kucinich: There is no Social Security ’Crisis’
Kucinich: There is no Social Security ’Crisis’
by Open-Publishing - Monday 17 January 20052 comments
“This morning, we learn The White House wants to not only privatize Social Security but also cut retirees benefits. Privatization takes money from retirees on Main Street and gives it to the Enron’s of Wall Street. Will Wall Street care about what happens to precious Social Security funds when more than half of the private pension funds in the US are already insolvent?
“And cut benefits? The American people cannot afford a cut in benefits. No one is cutting the cost of food, rent, electricity, gas, oil, or property taxes. There is a solution. Keep the Wall Street White House hands off. Do not privatize Social Security. Do not cut benefits. Social Security is rock solid through 2042. The only crisis is attempted theft of retirees’ benefits. Mr. Speaker, call the cops! The American people are being robbed.”
“There they go again. Once again this Administration is deliberately misleading the public by creating a false crisis. The Administration’s campaign to convince the American public of a ’crisis’ in Social Security is a mirror image of their phony campaign to convince the American public of Weapons of Mass Destruction in Iraq.
"The Social Security Trust Fund is not only secure, but will run a surplus for decades. No other government or corporate entity can say the same thing. The only real danger Social Security faces is the $2 trillion willful destruction planned by this Administration.
“The White House not only wants to privatize Social Security, but also cut retirees benefits. A cut in benefits is not necessary and retirees cannot afford a cut in benefits. No one is cutting the cost of food, rent, electricity, gas, oil, or property taxes.
"The White House’s ’bold’ initiative on Social Security is a ’bold’ violation of public trust."
Forum posts
18 January 2005, 21:18
"The Administration’s campaign to convince the American public of a ’crisis’ in Social Security is a mirror image of their phony campaign to convince the American public of Weapons of Mass Destruction in Iraq."
Dennis is always so right on! I think there may be even more money to made here. I wonder who will get the contract to switch over? Perhaps a new subsidiary of Halliburton. I wonder how stupid they think we are to believe that it would cost $2 trillion even if they went ahead with it. This is classic extortion.
As Molly Ivins points out "The memo by Peter Wehner, an aide to Karl Rove, makes perfectly clear that the administration is prepared to whip up a phony crisis: The public must be convinced that the current system "is heading for an iceberg." Molly Ivins who previously held back, finally calls Bush what he is...a liar.
http://springfield.news-leader.com/...
Now why would we need convincing? Just give us the facts and let us take a look at the reality. Most Americans have a higher IQ than Bush, so we don’t need him to explain it or anything.
5 February 2005, 14:16
The more I learn of you, the more I wish you had been on the ballot instead of Kerry.
Unfortunately, with all the fraud and tampering in the last election, I doubt it would have mattered much.
Just keep rattling the cage. Lieberman and Salasar certainly aren’t going to go against the Shrub.