Fox's Hannity w/ Bill Bennet lie about "privatized" ret systems in Chile &

[papau]

Hannity, Bennett misrepresented success of retirement systems in Texas, Chile

In an attempt to advance the Bush administration's plan to partially privatize Social Security, FOX News host Sean Hannity and nationally syndicated radio host and former Reagan administration official William J. Bennett made false and misleading claims about the purported success of privatized retirement systems in Galveston, Texas, and Chile. In fact, in each case, the privatized systems have provided lower retirement benefits for low- and middle-income workers than the guaranteed benefits in the systems that they replaced.

http://mediamatters.org/items/200502100003

Hannity, Bennett misrepresented success of retirement systems in Texas, Chile

In an attempt to advance the Bush administration's plan to partially privatize Social Security, FOX News host Sean Hannity and nationally syndicated radio host and former Reagan administration official William J. Bennett made false and misleading claims about the purported success of privatized retirement systems in Galveston, Texas, and Chile. In fact, in each case, the privatized systems have provided lower retirement benefits for low- and middle-income workers than the guaranteed benefits in the systems that they replaced.

From the February 8 edition of FOX News' Hannity & Colmes:

BENNETT: People at all levels of the economy in Chile have profited from this plan.<snip?

[GetTheRightVote]

1. I hate liers like these men

:kick: