Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Stop Attacks on Social Security

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
brads Donating Member (31 posts) Send PM | Profile | Ignore Tue Feb-22-05 09:02 AM
Original message
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
Printer Friendly | Permalink |  | Top
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!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Dec 27th 2024, 09:07 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC