[solitas]

In a Jan. 17, 1935, address to Congress, Roosevelt, the originator of the federal retirement system, looked into the future and saw the need to move beyond the pay-as-you go financing and eventually establish "self-supporting annuity plans," noted Wall Street Journal columnist John Fund.

I would like to see a transcript of this speech - for all the debate about accounts as long as it's been happening and only NOW is something like this being quoted? It's almost 'convenient'.

[wagglebee]

http://www.search.eb.com/elections/pri/Q00111.html

[mcgiver38]

Here ya go.........4th paragragh from the bottom.......
http://www.pbs.org/wgbh/amex/presidents/32_f_roosevelt/psources/ps_socsecspeech.html

[Longwalled Newbie]

Almost too convenient! Take a sentence or two out of context and what do you get? More questions and distrust. Better, however, to distrust now than to find out--too late--that you have mistrusted.

Transcripts of all of FDR's statements concerning Social Security can be found here:

http://www.ssa.gov/history/fdrstmts.html

And, if you're interested, FDR's 1935 State of the Union Address can be found here:

http://www.albany.edu/faculty/gz580/his101/su35fdr.html