Arizona Activists: McCain Is a Bush McClone on Retirement Security

[Omaha Steve]

http://blog.aflcio.org/2008/03/07/arizona-activists-mccain-is-a-bush-mcclone-on-retirement-security/

by Mike Hall, Mar 7, 2008

Sen. John McCain’s so-called “Straight Talk Express” has flip-flopped off the Social Security highway—and Arizona activists want to make sure voters know the presumptive Republican presidential candidate is looking out for Wall Street, not Main Street.




Several dozen members of the Arizona Alliance for Retired Americans and the Arizona Advocacy Network marched at the Social Security Administration’s Phoenix office this morning. They were there to warn voters that McCain is “Taking Aim” at Social Security by his recent endorsement of President Bush’s failed and flawed proposal to privatize the cornerstone of the workers’ retirement security.

McCain backed Bush’s privatization plan and voted for it in 2005. But in a 2006 meeting, he told a different story. Says Doug Hart, president of the Arizona Alliance:

We had a meeting with him about a year and half ago, 12 of us in his office, and he said it was a bad idea, that he didn’t favor privatization. Now he’s flip-flopped and it looks like his Straight Talk Express isn’t so straight after all.

In a March 3 Wall Street Journal interview, McCain says he supports a privatization plan “along the lines that President Bush proposed.” That could be disastrous for seniors, with benefit cuts between 30 percent and 50 percent or about $134,000 over a 20 year retirement, says the Alliance for Retired Americans.


FULL story at link.

[rocktivity]

1. Raise or remove the salary cap: crisis solved, and EVERYBODY pays a LOWER rate

Privatization is nothing but a rich-get-richer scheme for the Rethugs' Wall Street backers.

Let's hear it for The Straight Talk Express!



:eyes:
rocknation