Protect Social Security
An excerpt from a speech in Cleveland on February 29, 2004:
People been talking about Social Security being in trouble. It's a lie.
It is a lie and Social Security is rock solid through the year 2042. 2042. Now if anybody's going to have a birthday in 2042, I want you to know that you'll have your Social Security check right around your birthday, ok? Social Security is solid through 2042 but what they want to do in Washington, they want to take the money from Social Security and put it in the stock market. Figure that out.
You know what that would be like? That would be like someone when they get their check, taking the check and buying lottery tickets. Because it's a gamble. Not many people can afford to do that. So why would you gamble by taking Social Security money and putting it into the stock market? That's why I say no way, that money belongs to Main Street, not to Wall Street, no privitazation of Social Security, make sure those checks are protected.
And you know what? Alan Greenspan, the man who is the head of the Federal Reserve board, last week he said in order to pay for those tax cuts that are going to people at the top, he wants to cut back on Social Security benefits down the road. No way, no way. It's enough about the rich getting richer and the poor getting poorer than to take money out of Social Security and give it to tax cuts for the wealthy. Not gonna happen! I just want you to know that I'm there for you on that too.
Subscribe to this blog's feed