Posted on 09/20/2008 5:26:12 PM PDT by Free ThinkerNY
Summary:
In Daytona Beach, Obama said that "if my opponent had his way, the millions of Floridians who rely on it would've had their Social Security tied up in the stock market this week." He referred to "elderly women" at risk of poverty, and said families would be scrambling to support "grandmothers and grandfathers."
That's not true. The plan proposed by President Bush and supported by McCain in 2005 would not have allowed anyone born before 1950 to invest any part of their Social Security taxes in private accounts. All current retirees would be covered by the same benefits they are now.
Obama would have been correct to say that many workers under age 58 would have had some portion of their Social Security benefits affected by the current market turmoil – if they had chosen to participate. And market drops would be a worry for those who retire in future decades. But current retirees would not have been affected.
(Excerpt) Read more at newsweek.com ...
Geez whats a little stretching of the truth, I mean the One is running for the most important job on Earth. /S
How can you tell when Obammy is lying?
You can’t.
He’s a psychopath.
FYI - factcheck went over the ‘far left’ side of the falls long ago..
Obama’s whole campaign has been a lie.
Media Slams Obama for Various Untruths in “Dos Caras” Ad
http://www.youtube.com/watch?v=SNEh0btIXu0
Yeah, really .. what’s a little year or two here or there .. I mean .... what importance can that have ..??
I dont’ need a tag do I ..??
Everyone is affected by this.
So, a 2 percent drop on something that’s doubled every 6-7 years for the 30+ you’ve been working is somehow worse than a savings account with negative growth (12% SS tax for something whose growth, if it can be called that, is almost entirely canceled out by inflation)?
More doublespeak.
The Bush plan would have offered the same options currently available to Federal employees. Does Obama want to reverse that option?
http://money.cnn.com/2005/02/02/retirement/stofunion_socsec/index.htm
Not only that...all McCain has to say is...
Well if we all had the inside scoop like you do
I think we would all do pretty well...What ya think their
Obi-one?
McCain should shut up about social security. There is no way to win that debate. Just let the Dems dig their hole.
Ein Reich!
Ein Folk!
Ein Whopper!
“How can you tell when Obammy is lying?
You can’t.”
Not true.
Every time he opens his mouth, he’s lying.
Obama is trying to scare senior citizens and he is also trying to scare hispanics. Many are already afraid of Obama!
Actually, the market went UP 2 percent this week.
Barry spoke to 2,500 people today at an all-black college in Daytona.
Crowd estimates for Governor Palin’s rally tomorrow at The Villages in Central Florida are upwards of 30,000.
Obama’s plausible denial: it was a teleprompter malfunction. /sarc
Really uneducated, ain’t he? LOL!
AS well should be.
His entire Communist agenda scares the living crap out of me!
Democrats follow Obama jumping off the bridge to the future.
Are Democrats mindless robots when it comes to the Obama?
Since when would Obama let truth get in the way of him spouting his usual set of bald-faced lies?
What is sad - there are a bunch of gullible and feeble-minded retired folks who vote and fall for this line of lies every 4 years...
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