ONLY 77 DAYS LEFT UNTIL THE 2008 ELECTION!

DECISION 2008 UPDATE

John McCain's Privatization Plan Puts Seniors At Risk 

 

In 2005, Senator McCain stood alongside President Bush in their failed attempt to privatize Social Security and gamble away guaranteed benefits to the whims of the stock market. On July 7, 2008, Senator McCain told a town hall audience that the way Social Security works is a ‘disgrace,’ making it clear he does not understand how the system works, nor that it has helped seniors, disabled Americans, widows and dependents from entering poverty for over 70 years. Just this past week, he told George Stephanopolous on ABC’s This Week that everything will be on the table if he becomes President, which would include privatization. 

Help us make sure that the guarantee of Social Security is always available to Maryland's seniors.  Get involved today by signing up to be a neighborhood leader.

TOP STORY

After 73 Years, Retirees & Families Still Need Social Security

 

73 years ago – in 1935, President Franklin D. Roosevelt signed the Social Security Act into law saying, “We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.”   

McCain’s privatization plan would reduce guaranteed benefits and substitute a risky system that relies on the ups and downs of the stock market.  In Maryland it would mean over 100,000 retirees would be thrust into poverty with hundreds of thousand more perched perilously close according to study released by the Center for America’s Future.

Fore more information READ the Maryland Democratic Party press release.

Press Releases

After 73 Years, Retirees and Families Still Need Social Security
Press Release  ·  Aug 14, 2008

Arkansas Democratic Party Chair, Bill Gwatney - 1960 – 2008
Press Release  ·  Aug 14, 2008

Bush/McCain Social Security Plans Would Hurt Maryland Seniors
Press Release  ·  Aug 7, 2008

"Sorry Andy, that dog just won’t hunt."
Press Release  ·  Aug 6, 2008

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Mike Cryor

Chairman

Maryland Democratic Party

 

 

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