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 Post subject: GOP WANTS TO PRIVATIZE SOCIAL SECURITY
PostPosted: Tue Jun 07, 2011 1:54 pm 
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GOP WANTS TO PRIVATIZE SOCIAL SECURITY!!!!!!!!!!!!!!!!!!!!!!!

HERE WE GO AGAIN!!11 :evil: :evil: :evil:

Republican leaders left Social Security untouched in their House budget this year, but a group of GOP lawmakers are looking to fill the gap themselves with legislation that would create a voluntary privatized version of the program.

Introduced by Rep. Pete Sessions (R-TX), who also chairs the House's campaign efforts at the NRCC, the "Savings Account For Every American Act" would allow people to immediately opt out of Social Security in favor of a private "S.A.F.E." account. Eventually the program would expand to let employers send their matching contribution to workers' Social Security to a "S.A.F.E." account as well.

"Our nation's Social Security Trust Fund is depleting at an alarming rate, and failure to implement immediate reforms endangers the ability of Americans to plan for their retirement with the options and certainty they deserve," Sessions said of the plan, according to The Hill. "To simply maintain the status quo would weaken American competitiveness by adding more unsustainable debt and insolvent entitlements to our economy when we can least afford it."

Republicans have been wary of wading back into Social Security privatization after a major push on the issue during President Bush's second term failed to reach a vote in either the House or Senate despite there being a Republican Congress. One Freshman Representative who suggested the federal government could be rolled back to just four departments even listed protecting Social Security from privatization as one of his top causes on the 2010 trail. Among the GOP presidential candidates, Rick Santorum had tried to adopt the cause as part of his platform.

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"Behind every great fortune lies a great crime."
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 Post subject: Re: GOP WANTS TO PRIVATIZE SOCIAL SECURITY
PostPosted: Tue Jun 07, 2011 1:56 pm 
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Quote:
Repub playbook for 2012:

Privatize Social Security. Voucherize Medicare. Transform Medicaid into a block grant. Dramatically slash funds for education, welfare, and environmental protection.....then campaign on how the Democrats don't care about the struggling middle class and seniors. All the while fighting to prevent raising the debt ceiling and to trigger a national default....and blaming the President for the ensuing economic catastrophe.

Nothing about this surprises or shocks me anymore
.


HOW DO THEY CONTINUE TO GET ELECTED?

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"Behind every great fortune lies a great crime."
Honore de Balzac

"Democrats work to help people who need help.
That other party, they work for people who don't need help.
That's all there is to it."

~Harry S. Truman


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