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Social Security Privatization Push is Coming in September - H.R. 3304

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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 01:19 PM
Original message
Social Security Privatization Push is Coming in September - H.R. 3304
An email from AFL-CIO's Working Families e-Activist Network...

Dear Working Families e-Activist,

Congressional Republicans headed home for the August recess with
a propaganda packet on how to sell Social Security privatization
dressed up with a new coat of paint.

Don't let them succeed.

Rep. Jim McCrery (R-La.) has introduced a bill (H.R. 3304) that
privatization proponents are trying to pass off as a new idea to
stop the "raiding" of Social Security by Congress. That's
baloney: The McCrery bill is the first step toward President
Bush's plan to privatize and ruin Social Security--nothing more.


Tell your members of Congress to oppose privatizing Social
Security and not to be fooled by the McCrery bill. Click on the
link below:

http://www.unionvoice.org/campaign/Dont_Privatize_SS

When Congress comes back from vacation in September, the push
for private accounts will begin quickly with the House Ways and
Means Committee taking up the McCrery measure. The bill creates
private accounts, cuts guaranteed benefits and increases the
national debt. And it does nothing to stop the raids on the
Social Security surplus or keep the program solvent.

Our members of Congress need to STRENGTHEN Social
Security--America's most successful family security program--not
privatize it.

Privatization plans would replace guaranteed benefits with risky
private accounts, fatally undermining Social Security, cutting
benefits drastically, probably raising workers' retirement age
and saddling our children with massive new debt.

Now is the time to send a loud and clear message: No Social
Security privatization, no way.

Let your members of Congress know that millions of America's
workers reject Social Security privatization and attacks on
retirement security. Click on the link below:

http://www.unionvoice.org/campaign/Dont_Privatize_SS

Thank you for taking action for working families.

In solidarity,

Working Families e-Activist Network, AFL-CIO
Aug. 4, 2005

P.S. The 70th anniversary of Social Security is Aug. 14. Tell
your members of Congress to strengthen Social Security for
another 70 years by opposing privatization. Click on the link
below:

http://www.unionvoice.org/campaign/Dont_Privatize_SS

Find a list of events throughout the country and a toolkit for
honoring Social Security's anniversary by clicking on the link
below:

http://www.americansforsocialsecurity.com/

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Sapphire Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 01:47 PM
Response to Original message
1. Seems like this thread is going the way of the 'defeat CAFTA' threads
Does anyone care? :shrug:
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 01:57 PM
Response to Original message
2. Bush "killed" H.R. 3304 by saying he would not sign anything that did
Edited on Fri Aug-05-05 01:59 PM by papau
not "solve" the SS funding "problem" - and HR 3304 does nothing to "solve" the funding problem - it just takes those "worthless" government bonds that the Social Security Trust Fund owns, and tells each of us that we have a personal account that now owns "our share". Means that the Trust Fund can not cash in those bonds in 2018 when there is a little shortfall expected between payroll tax and benefit payout - meaning SS will need to cut benefits in 2018 by a tiny bit - thereby causing a "crisis".

There will be a pension bill this fall - and there will NOT be a Social Security Bill.
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maxrandb Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 02:12 PM
Response to Reply #2
3. Since When Did What He Say
Mean Any "freaking" Thing? He's a "Effing" Liar.

Dems need to be careful with this shit. Americans will be hearing 24/7 on their AM dial, what a great Bill this is. The corporate owned media will put the spin on as well.

We're one terrorist attack away from getting his dismal poll numbers high enough for them to push this shit through.

How about we take the money to fund Social Security out of Congress and the Executive Branches pension fund, and leave the pension fund of American workers alone.

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 02:34 PM
Response to Reply #3
4. I like that - and you are correct re flip/flop Bush - and a media that
does not care about Bush lies - indeed they were reporting Ohio this week as "a GOP win and an also-ran that bad mouthed Bush"

God, I love my American media.
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