Let Your Voice Against Privatisation Of SS

[Amillia]

Working families need your help in getting signatures on a

petition telling Congress to sign the Pledge to Strengthen

Social Security. Please click the following link to download and

print out the petition--and ask everyone in your workplace to

sign it.

Download petition:

http://www.aflcio.org/issuespolitics/socia...ad/petition.pdf

The more signatures you collect on the petition, the more

pressure you'll put on your members of Congress to sign the

pledge. They'll know how many of their constituents want them to

stop Social Security privatization in its tracks.

Once you have plenty of signatures, fax the petition to

202-637-5172. We'll make sure your U.S. representative and

senators get the message.

Privatizing Social Security would devastate working families. It

would slash guaranteed benefits, explode the federal deficit,

saddle our children with massive new debt, open Social Security

up to corruption and Enron-ization and make America's retirement

security problems worse.

Please print out your own copy of the petition and ask all your

co-workers to add their names to yours:

http://www.aflcio.org/issuespolitics/socia...ad/petition.pdf

Thank you for taking action. You can keep up with what we are

doing at http://www.aflcio.org .

Sincerely,

Working Families e-Activist Network

[Guest curvette]

There are several government programs that I would like to see privatized. Social security is NOT one of them. Thanks for the links.

[pushka]

Nice to see you getting involved in this issue...I'm in the UK otherwise I would have downloaded that petition and passed it around...Good luck with the campaign!!!

[Winnie G]

Has anyone remember taking the grate depression in high school?

My mother remembers it well.

There were days they went hungry and she remembers eating grass.

If people depend on the investments and the bottom falls out again witch it has (G-D)

We will go back a generation to eating grass.

I have RSP’s and safe investments and I will have a pension but I am not counting on investments to take me though.

Economists are raising a red flag but the only ones who really befit are those who don’t have to worry about their retirement, the (Haves) not the have knot’s.

This who thing scares me for my family in the states.

Canada is dealing with our SS program by emigration and encouraging families.

I think SS donations should be on a sliding scale the have’s paying out more then the have knots.

Even if you’re a Bush supporter I really admonish you to speak to your family members who lived though the GD and see what they say about it. Then make your decision from there. :)

[pushka]

Well said Winnie...I agree with you entirely...I wish the British Government would keep some of it's promises to the less wealthy residents of the UK and do what you're suggesting!!

[Guest TheProudDuck]

Nobody's proposing to "privatize Social Security." If you don't want to participate in the proposed private-accounts programs, don't participate. If I want to invest part of my payroll tax differently than you do, that's really none of any of your business.

[Maureen]

• His wise second-term plan for a partial privatization of Social Security, if he succeeds, will make us grateful for generations to come.

We older folks (55 and over) won't be affected. But our children and grandchildren could elect to invest some of their Social Security tax in stocks and bonds for a much higher payout when they retire than the system's current Treasury bill holdings produce.

Based on all historical economic and investment data, the privatization aspect of Bush's Social Security proposal is that sure and simple. Don't let any fibbers fool you.

http://www.usatoday.com/news/opinion/colum...fits-fibs_x.htm

M.

[Winnie G]

so if anouther grate depression happends those that dont participate will watch those that do eat grass?

[Guest TheProudDuck]

Originally posted by Winnie G@Mar 4 2005, 03:14 PM

so if anouther grate depression happends those that dont participate will watch those that do eat grass?

That's the idea. Although anyone with half a grain of sense is capable of choosing investments with an equal or greater rate of return than Social Security gives, at a level of safety where the investments would only fail if there were a true national catastrophe on an even greater scale than the Great Depression. In which case the government wouldn't have the funds to pay Social Security benefits to that system's participants, either.

I expect that the Social Security payments that I'm currently paying will have a negative rate of return as things stand now -- because there is simply no way that the government will be able to pay for benefits, at the time when I retire, with them set at their current level. The result will be that the benefits will be cut, no ifs about it. On the other hand, were I to invest in government-guaranteed T-bills instead, I'd get about the same return SS is getting now -- again, with the only risk being a general U.S. government default, in which case everybody will be eating grass.

Maureen -- "Partial" privatization is the key word. When the AFL/CIO and AARP and other groups use "privatization", standing alone, they imply that the whole system is proposed to be privatized, which isn't the truth.

[Guest curvette]

I also think it's very important that we take charge of our own retirements, and not depend on Social Security. It's a nice supplemental income, but isn't going to support us in the manner to which we've (spoiled Americans) become accustomed. :)

Now that I've done a little research I can see that "privatization" in this case is a bit different than I initially assumed. I think allowing people to take control of some of their own investments may not be a bad idea. I'll have to research it some more.

[Jason]

Sorry, but Im all for controlling my own retirement fund. Not gonna sign.

[Snow]

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

[Amillia]

Originally posted by Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

[Snow]

Originally posted by Amillia@Mar 4 2005, 06:44 PM

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat...

Well what I heard is that Eddie Haskel was killed in Vietnam. So what.

[Amillia]

Originally posted by Snow+Mar 4 2005, 11:07 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Snow @ Mar 4 2005, 11:07 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Amillia@Mar 4 2005, 06:44 PM

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat...

Well what I heard is that Eddie Haskel was killed in Vietnam. So what.

So ~ you don't believe it?

[john doe]

Originally posted by Amillia+Mar 4 2005, 07:44 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Amillia @ Mar 4 2005, 07:44 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

You heard wrong.

[Amillia]

Originally posted by john doe+Mar 5 2005, 08:07 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (john doe @ Mar 5 2005, 08:07 AM)</td></tr><tr><td id='QUOTE'>

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

You heard wrong.

I don't think so.

[Lindy]

Maybe they are just counting on some of those who want to participate to blow it big time......be overly greedy with thier investments, and lose their tails. Of course then, I would think, that the money lost in the market would be absorbed right back into the big business profit margins (somehow). I'm not very market savvy, I only know a little about moderate, and aggressive investments, and a lot less about bonds.

[Amillia]

Originally posted by lindy9556@Mar 5 2005, 11:52 PM

Maybe they are just counting on some of those who want to participate to blow it big time......be overly greedy with thier investments, and lose their tails. Of course then, I would think, that the money lost in the market would be absorbed right back into the big business profit margins (somehow).

Hmmmm, I didn't think of that.

[Guest TheProudDuck]

Originally posted by Amillia+Mar 4 2005, 07:44 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Amillia @ Mar 4 2005, 07:44 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

Don't you guys remember Bill Clinton hyping the Social Security "crisis" during his presidency? Now the Dems are saying "no crisis, never was."

I wouldn't call Social Security's upcoming insolvency a "crisis" -- there's plenty of time to fix the problem one way or another. But there is a built-in problem with the time coming in only a few years where the system will start paying out more than it takes in, and the problem will only get worse. I suspect the ultimate result will be to cut benefits, which is why I want to be able to take control of part of my own payroll tax so it can't be cut.

Basically, I figure my choice is (1) a guarantee that the government will cut my benefits; and (2) the possibility that declining investments could result in cuts in my benefits. I'll risk the possibility over the sure thing.

[Amillia]

Originally posted by TheProudDuck+Mar 6 2005, 11:49 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (TheProudDuck @ Mar 6 2005, 11:49 AM)</td></tr><tr><td id='QUOTE'>

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

Don't you guys remember Bill Clinton hyping the Social Security "crisis" during his presidency? Now the Dems are saying "no crisis, never was."

I wouldn't call Social Security's upcoming insolvency a "crisis" -- there's plenty of time to fix the problem one way or another. But there is a built-in problem with the time coming in only a few years where the system will start paying out more than it takes in, and the problem will only get worse. I suspect the ultimate result will be to cut benefits, which is why I want to be able to take control of part of my own payroll tax so it can't be cut.

Basically, I figure my choice is (1) a guarantee that the government will cut my benefits; and (2) the possibility that declining investments could result in cuts in my benefits. I'll risk the possibility over the sure thing.

No I do not remember Clinton saying there was a crisis. He must not have gone on the road to campaign the change.

[john doe]

Originally posted by Amillia+Mar 5 2005, 08:30 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Amillia @ Mar 5 2005, 08:30 AM)</td></tr><tr><td id='QUOTE'>

Originally posted by -john doe@Mar 5 2005, 08:07 AM

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

You heard wrong.

I don't think so.

I should be more clear. You may not have heard wrong, but what you heard IS wrong. Does that help?

George Bush does not think Americans are stupid, the AFL/CIO wants US to think that HE thinks that. Actually, it looks to me as if you are the gullible one believing everything the AFL/CIO writes in their fundraising letters. Out of curiosity, how much of their SPAM do you get in a month?

What credible evidences are there that the stock market is faltering? Please be as specific as possible, with supporting links or references.

[Amillia]

Originally posted by john doe+Mar 7 2005, 12:17 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (john doe @ Mar 7 2005, 12:17 AM)</td></tr><tr><td id='QUOTE'>

Originally posted by -Amillia@Mar 5 2005, 08:30 AM

Originally posted by -john doe@Mar 5 2005, 08:07 AM

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

You heard wrong.

I don't think so.

I should be more clear. You may not have heard wrong, but what you heard IS wrong. Does that help?

George Bush does not think Americans are stupid, the AFL/CIO wants US to think that HE thinks that. Actually, it looks to me as if you are the gullible one believing everything the AFL/CIO writes in their fundraising letters. Out of curiosity, how much of their SPAM do you get in a month?

What credible evidences are there that the stock market is faltering? Please be as specific as possible, with supporting links or references.

I didn't hear this in an e-mail. It was spoken on a radio program. I believe it. I think you are the gulible one.

[Guest TheProudDuck]

Originally posted by Amillia+Mar 6 2005, 12:47 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Amillia @ Mar 6 2005, 12:47 PM)</td></tr><tr><td id='QUOTE'>

Originally posted by -TheProudDuck@Mar 6 2005, 11:49 AM

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

Don't you guys remember Bill Clinton hyping the Social Security "crisis" during his presidency? Now the Dems are saying "no crisis, never was."

I wouldn't call Social Security's upcoming insolvency a "crisis" -- there's plenty of time to fix the problem one way or another. But there is a built-in problem with the time coming in only a few years where the system will start paying out more than it takes in, and the problem will only get worse. I suspect the ultimate result will be to cut benefits, which is why I want to be able to take control of part of my own payroll tax so it can't be cut.

Basically, I figure my choice is (1) a guarantee that the government will cut my benefits; and (2) the possibility that declining investments could result in cuts in my benefits. I'll risk the possibility over the sure thing.

No I do not remember Clinton saying there was a crisis. He must not have gone on the road to campaign the change.

“So That All Of These Achievements – The Economic Achievements – Our Increasing Social Coherence And Cohesion, Our Increasing Efforts To Reduce Poverty Among Our Youngest Children – All Of Them Are Threatened By The Looming Fiscal Crisis In Social Security.” (President Bill Clinton, Remarks At Georgetown University On Social Security, Washington, DC, 2/9/98)

[Amillia]

Originally posted by TheProudDuck+Mar 7 2005, 01:19 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (TheProudDuck @ Mar 7 2005, 01:19 AM)</td></tr><tr><td id='QUOTE'>

Originally posted by -Amillia@Mar 6 2005, 12:47 PM

Originally posted by -TheProudDuck@Mar 6 2005, 11:49 AM

Originally posted by -Amillia@Mar 4 2005, 07:44 PM

<!--QuoteBegin--Snow@Mar 4 2005, 08:20 PM

I am too stupid to control my own future and my own retirement fund. I need a huge, wasteful government bureaucracy to take my money and give me a 1.2% rate of return. I am positive that if I did my very best there is no way I could invest my money to earn a whopping 1.2% return. Not only do I not want to control my own money, I want to prevent every other American from controlling their own money too.

If you are too stupid to control your own future, join with Amillia and me in preventing people from controlling their own money.

What I heard was that Bush thinks we are too stupid to tell us about the stock market needing our cash to stay afloat and that we had to be bushwacked with a blind of SS threat (that wasn't real) in order to get us to voluntarily give our cash to the faltering stock market ~ because bush doesn't want the crash of 29 rerun coming up and biting his presidency in the butt!

Don't you guys remember Bill Clinton hyping the Social Security "crisis" during his presidency? Now the Dems are saying "no crisis, never was."

I wouldn't call Social Security's upcoming insolvency a "crisis" -- there's plenty of time to fix the problem one way or another. But there is a built-in problem with the time coming in only a few years where the system will start paying out more than it takes in, and the problem will only get worse. I suspect the ultimate result will be to cut benefits, which is why I want to be able to take control of part of my own payroll tax so it can't be cut.

Basically, I figure my choice is (1) a guarantee that the government will cut my benefits; and (2) the possibility that declining investments could result in cuts in my benefits. I'll risk the possibility over the sure thing.

No I do not remember Clinton saying there was a crisis. He must not have gone on the road to campaign the change.

“So That All Of These Achievements – The Economic Achievements – Our Increasing Social Coherence And Cohesion, Our Increasing Efforts To Reduce Poverty Among Our Youngest Children – All Of Them Are Threatened By The Looming Fiscal Crisis In Social Security.” (President Bill Clinton, Remarks At Georgetown University On Social Security, Washington, DC, 2/9/98)

So he mentioned it at an obscure college speaking engagement? That can't hardly be compared to how Bush is going at it.