Wall Street Jornal's John Fund & Fox's Dave Asman lie about FDR & SS

[papau]

Wall Street Journal's Fund, FOX's Asman echoed Hume's Social Security distortion of FDR

Wall Street Journal columnist John Fund and FOX News Live anchor David Asman both echoed http://mediamatters.org/items/200502040010 FOX News Washington managing editor Brit Hume's distortion of a quote by former President Franklin Delano Roosevelt to claim that Roosevelt supported "supplant" government funding of Social Security with private accounts. In fact, Roosevelt advocated "voluntary contributory annuities" -- which differ significantly from private accounts -- to supplement guaranteed Social Security benefits and never proposed replacing Social Security benefits with private accounts.

http://mediamatters.org/items/200502100009

Wall Street Journal's Fund, FOX's Asman echoed Hume's Social Security distortion of FDR
Wall Street Journal columnist John Fund and FOX News Live anchor David Asman both echoed FOX News Washington managing editor Brit Hume's distortion of a quote by former President Franklin Delano Roosevelt to claim that Roosevelt supported "supplant" government funding of Social Security with private accounts. In fact, Roosevelt advocated "voluntary contributory annuities" -- which differ significantly from private accounts -- to supplement guaranteed Social Security benefits and never proposed replacing Social Security benefits with private accounts.

In the February 4 edition of the Wall Street Journal's OpinionJournal.com "Political Diary" (subscription only, but partially reprinted here), Fund followed Hume's example -- which prompted Air America Radio host Al Franken to call on Hume to resign -- by distorting the same quote from Roosevelt's January 17, 1935, address to Congress. Fund falsely asserted that Roosevelt's "call for the establishment of Social Security directly anticipated today's reform agenda" for private accounts:

They note that in an address to Congress on January 17, 1935, President Roosevelt foresaw the need to move beyond the pay-as-you-go financing of the current Social Security system. "For perhaps 30 years to come funds will have to be provided by the States and the Federal Government to meet these pensions," the president allowed. But after that, he explained, it would be necessary to move to what he called "voluntary contributory annuities by which individual initiative can increase the annual amounts received in old age." In other words, his call for the establishment of Social Security directly anticipated today's reform agenda: "It is proposed that the Federal Government assume one-half of the cost of the old-age pension plan, which ought ultimately to be supplanted by self-supporting annuity plans," FDR explained.

On the February 9 edition of FOX News Live, Asman credited Hume and then repeated his distortion of Roosevelt:

ASMAN: Democrats used a statue of FDR to condemn President Bush's plan to privatize at least part of Social Security. But did the founder of Social Security actually have the same thing in mind? Last week Brit Hume dug up a 1935 FDR speech in which President Roosevelt seemed to suggest he favored private Social Security accounts. But on Friday, former labor secretary Robert Reich disputed that on The Big Story .

REICH

[MADem]

1. John FUND=child molester, girlfriend beater, a real charmer!

...according to Morgan Pillsbury. Read all about him here http://www.americanpolitics.com/20010905BakerFund.html --I just can't take him seriously. It's not so much that he has that plastic Howdy Doody look, it's his perversion in dating the daughter of his ex-girlfriend, and despite being a "prolife conservative" telling her to abort...and the naked pictures of him that were on the web were frightening in the extreme. I'm amazed that he hasn't slunk away in shame!

More John Fund fun:
http://www.hypocrites.com/article3567.html
http://www.villagevoice.com/news/0220,cotts,34774,6.html

All of the really GOOD sites (weaselsearch, which had the TAPES! and ruthlesspeople.com) have faded away, sadly. Amazing how these guys can clean up their messes and pretend they never happened!