Original post by Amy is on another thread, but it has 'talking points' that really put this privitazation thing into perspective. A must read- and thanks, Amy:
Social Security webpage
Full Version: Great Social Security Privatization source
Common Ground Common Sense > Grassroots Organizing > Action Items > Talking Points & Ideas to Promote
This is a letter from my Congresswoman, Susan Davis, in reply to my letter to her about Bush's plan for Social Security.
QUOTE
Thank you for sharing your opposition to privatizing our Social
Security system. I appreciate hearing from you and welcome the opportunity to
respond to your comments.
Nearly 47 million people receive Social Security benefits, including
over 32 million retired workers and their dependents. Of the 32 million
retirees, two-thirds receive over half of their retirement income from
Social Security. For nearly 20 percent of the elderly, Social Security
is their only source of income. Without Social Security, over half of
older Americans would fall into poverty!
In my opinion, the Social Security system is part of what makes America
strong and I am committed to safeguarding the program’s core value and
long-term viability. You will be pleased to know that I am opposed to
proposals to privatize Social Security, which would eviscerate the
system by cutting benefits while exacerbating its financial challenges.
Privatization places much of the risk of a secure retirement on the
individual. Social Security exists for the same reason that insurance
exists—it is a safety net in case of poor planning, stock market failure
or a bad economy eliminates a person's income from other sources.
Privatizing our Social Security system makes it vulnerable to the very
economic factors that its founders sought to counter balance.
Once again, thank you for contacting me. As your representative, I
both need and value your perspective. Please sign up for my E-Newsletter
at my website, www.house.gov/susandavis, if you would like to receive
monthly updates about what is happening in Congress.
With warm regards,
Susan A. Davis
Member of Congress
Security system. I appreciate hearing from you and welcome the opportunity to
respond to your comments.
Nearly 47 million people receive Social Security benefits, including
over 32 million retired workers and their dependents. Of the 32 million
retirees, two-thirds receive over half of their retirement income from
Social Security. For nearly 20 percent of the elderly, Social Security
is their only source of income. Without Social Security, over half of
older Americans would fall into poverty!
In my opinion, the Social Security system is part of what makes America
strong and I am committed to safeguarding the program’s core value and
long-term viability. You will be pleased to know that I am opposed to
proposals to privatize Social Security, which would eviscerate the
system by cutting benefits while exacerbating its financial challenges.
Privatization places much of the risk of a secure retirement on the
individual. Social Security exists for the same reason that insurance
exists—it is a safety net in case of poor planning, stock market failure
or a bad economy eliminates a person's income from other sources.
Privatizing our Social Security system makes it vulnerable to the very
economic factors that its founders sought to counter balance.
Once again, thank you for contacting me. As your representative, I
both need and value your perspective. Please sign up for my E-Newsletter
at my website, www.house.gov/susandavis, if you would like to receive
monthly updates about what is happening in Congress.
With warm regards,
Susan A. Davis
Member of Congress
QUOTE(beamer619 @ Jan 21 2005, 11:51 AM)
This is a letter from my Congresswoman, Susan Davis, in reply to my letter to her about Bush's plan for Social Security.
What an incredibly nice- and personal- letter!
QUOTE(winston smith @ Jan 16 2005, 09:37 PM)
Original post by Amy is on another thread, but it has 'talking points' that really put this privitazation thing into perspective. A must read- and thanks, Amy:
Social Security webpage
Social Security webpage
Another great source for accurate information- and for additional ammo on the Bush/Cheney So Sec pseudocrisis:
FactCheck.org
I will also post this on a separate thread.
QUOTE(winston smith @ Jan 21 2005, 01:36 PM)
Another great source for accurate information- and for additional ammo on the Bush/Cheney So Sec pseudocrisis:
FactCheck.org
I will also post this on a separate thread.
FactCheck.org
I will also post this on a separate thread.
New thread is target='_blank'>
http://www.commongroundcommonsense.org/for...topic=16215&hl=
Social Security As Welfare Washington Post
QUOTE(theglobalchinese @ May 8 2005, 08:59 AM)
The whole idea behind turning it into a welfare program is so that it can be discarded completely by some Republican administration in the future.
What did we in the middle class ever do to deserve George W. Bush?
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