Tuesday, October 14, 2008

Indiana Retirees To Endorse Obama/Biden

ALLIANCE FOR RETIRED AMERICANS
8815 16th Street, NW, 4th Floor - Washington, D.C. 20006 - (202) 637-5399 - www.retiredamericans.org

For Immediate Release: October 13, 2008
Contact: Marcie Kohenak, (914) 318-0674

INDIANA RETIREES TO SHOW SUPPORT FOR OBAMA
ALLIANCE FOR RETIRED AMERICANS TO ENDORSE OBAMA-BIDEN

Indiana members of the Alliance for Retired Americans will show their support for Barack Obama on Tuesday in Mishawaka. Citing his strong position on Social Security in a time of economic anxiety, the national Alliance will today endorse Barack Obama for president.

DATE: Tuesday October 14, 2008

TIME: 1:00 p.m.

PLACE:
USW Local #1191
125 S. Hill Street
Mishawaka, IN

CONTACT: Marcie Kohenak, (914) 318-0674

"Retirees are very anxious," said national Alliance President George J. Kourpias, whose organization represents over 3.5 million members. "Not only are they concerned about their own retirement security, but they worry about what lies ahead for their children and grandchildren," he said.

"Barack Obama opposes Social Security privatization, because he knows that we can't gamble away our savings on Wall Street. Obama and Biden will fix our health care mess, lower the cost of prescription drugs, and do away with income taxes for seniors earning less than $50,000," Kourpias said.

Indiana has over one million Social Security recipients, said Kourpias, commenting that retirees across the country are troubled by Senator John McCain voting three times to take money out of the Social Security Trust Fund and create private accounts tied to the roulette wheel of the stock market. A recent report by the Congressional Budget Office found that Americans' retirement accounts have lost up to $2 trillion in the stock market in the past 15 months, Kourpias noted.

Kourpias said that retirees were "deeply offended" this summer when John McCain, who receives $23,000 in annual benefits, said it was "an absolute disgrace" that younger workers must pay taxes to support current Social Security beneficiaries.

# # #
The Alliance for Retired Americans is a national organization that advocates for the rights and well being of over 3.5 million retirees and their families.


Marcie Kohenak
Communications Associate

Alliance for Retired Americans
815 16th Street, NW, 4th Floor North
Washington, D.C. 20006
http://www.retiredamericans.org

Phone: (202) 637-5178
Fax: (202) 637-5398
Email: mkohenak@retiredamericans.org

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