Government: Social Security drops security
July 3, 2008 · Updated 10:26 PM
I question the Bush administrations assertions that only the stock market can save Social Security for folks under 55. Social Security was fixed during the Reagan administration and then borrowed from to fund other programs (including wars) which have not been paid back.
We must demand a stop to stealing our hard earned Social Security funds so all under 55 can expect full retirement benefits without the Bush proposed shaky investment schemes yet to be fully revealed.
Ever since Sept. 11, 2001, the Bush administration has been struggling to prop up the stock market and now the rapidly falling dollar in relation to the Euro. Bush wants to turn Social Security in to a cash cow for the stock market.
If you are under 55, you should be aware there have been several stock market failures in my 55 plus years including the billions lost in Savings and Loans and the 401k crash of a few years ago.
If you want to keep the security in Social Security do not trust the Bush administrationss record of lies. Contact your legislators and tell them not to privatize Social Security and lock the back door to the fund.