SMRs and AMRs

Thursday, September 18, 2008

Cafferty Mocks McCain: Is privatizing Social Security really a good idea?

from CrooksandLiars
by Silent Patriot
You can see the video here.

Jack Cafferty is the only person I’ve seen on TV so far to make this incredibly important point: If George Bush and John McCain had their way with privatizing Social Security, millions of seniors would be totally screwed right now.
"Luckily we have the safety net of Social Security to fall back on…for now.

"You may remember just four years ago President Bush made a big push to partially privatize Social Security… You know so we could individually invest our future with the great minds on Wall Street. It failed back then, but that concept could still become a reality. See John McCain also supports supplementing Social Security with private investment accounts. His opponent Barack Obama does not."
HuffPo’s John Neffinger writes:
This is something Americans understand: social security is secure, and the stock market is anything but. There are few more personal or dramatic ways to illustrate McCain’s terrible judgment than to imagine the nightmare scenario so many Americans would face if McCain and Bush had gotten their way on this — or if McCain were to get his way as President.

When Wall Street’s woes are the top story, this should be our top talking point.
Dead on. Not only is Social Security a winning issue with seniors, it illustrates perfectly how John McCain is walking in lock-step with George Bush. Every sentence spoken this week about Lehman and AIG should be capped off with the line “your SS would be as worthless as they are right now if John McCain had his way.”

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