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brads Donating Member (31 posts) Send PM | Profile | Ignore Tue Feb-22-05 09:02 AM
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Stop Attacks on Social Security
http://www.fightbacknews.org/2005/01/ssengarg.htm

Stop Attacks on Social Security

Government Pension Privatization Causes Disasters in Britain and Argentina

Commentary by Adam Price

George Bush is trying to scare the American people into privatizing Social Security by claiming that there will be a crisis 40 years from now. Before jumping on the privatization bandwagon, it would be a good idea to look at two countries that already partially privatized their government pension programs: Britain and Argentina.

Following their reelection in 1984, Britain's Conservative Party passed a law allowing workers to opt out of the guaranteed government pension program and into private investment accounts. The Conservatives had already reduced the government pensions by linking them to prices instead of workers wages (another idea the Bush administration is throwing around). The result of privatization? "A bloody mess," according to the Financial Times, a major business newspaper in Britain.

</snip>

remainder of article here:
http://www.fightbacknews.org/2005/01/ssengarg.htm
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Carl Lloyd Donating Member (7 posts) Send PM | Profile | Ignore Tue Feb-22-05 09:12 AM
Response to Original message
1. Terrorist and Social Security
Some say that the terrorists are hoping Bush can get us to put all of our Social Security money in the stock market.

That way, their next strike will wipe each American citizen out in the present and the future!
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