Tuesday, October 24, 2006

Alliance for Retired Americans Comment on President Bush Touting Social Security Privatization on CNBC


For Immediate Release:

The following statement was issued today by Edward F. Coyle, Executive Director of the Alliance for Retired Americans.

President Bush's statement yesterday that Social Security will be high on his agenda in 2007 should be of grave concern to both current and future retirees.

This is yet another reminder that seniors cannot trust President Bush and a Republican Congress with their retirement security.

Change is long overdue in Washington, as shown by how this Social Security debate can still linger even in the face of such widespread opposition by the American people. Apparently they must not have heard the national outcry over the President and Republican leaders wanting to gamble away Social Security on the whims of the stock market.

Social Security privatization is as failed and outdated as those who are trying to sell it to the American people.

For more information on the Alliance, visit www.retiredamericans.org

The Alliance for Retired Americans is a national organization that advocates for the rights and well being of America’s retirees and their families.

1 comment:

Anonymous said...

One thing is certain. Unless there is a big turnover in the house and senate, privatization of Social Security will once again be on the table in congress.

That fact alone should motivate folks to the polls. However, I suspect that many will not take part in the election process for many reasons. Many a "good" union folks will not vote for a variety of reasons. that is sad.

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