"...which when compapared with our plan which is do nothing, will totally bankrupt the country and LEAD THE WAY TO THE RISE OF THE 4TH REIC......I mean taking the house and senate in 2006! YEAAHHHH!"
Posted on 07/08/2006 1:34:40 PM PDT by Libloather
Democrats rip GOP on Social Security plan
By MIKE WILSON, Associated Press Writer
1 hour, 21 minutes ago
DES MOINES, Iowa - The Republican plan to privatize Social Security could cause huge debt for decades, a Democratic candidate seeking a House seat in Iowa, a state with a high concentration of elderly residents, said Saturday.
"If the Republican plan is allowed to pass, future generations both here and across the country will be saddled with decades of debt and no guaranteed retirement security," Bruce Braley said in the Democrats' weekly radio address.
Braley, 48, a lawyer from Waterloo, faces Republican Mike Whalen in the contest to fill the seat being vacated by Republican Rep. Jim Nussle, who is running for governor. The race is considered one of the more competitive in the country.
Braley said Social Security is under attack, with President Bush and congressional Republicans making privatization a top priority in 2007. He also accused the Bush administration of "plundering the Social Security trust fund while giving billions away to special interests, like big oil."
"They are spending the money seniors rely on while making no effort to balance the budget or protect the limited funds we have for retirement security," he said.
According to the 2000 census, Iowa ranks fourth in the nation in percentage of population 65 and older, at 14.9 percent, behind Florida, Pennsylvania and West Virginia.
Bush had called for a complete overhaul of Social Security, including creation of personal savings accounts and a reduction in future benefits promised to younger workers. But legislation failed to make it to the floor of either the House or Senate.
Braley said the Bush administration and the Republican-led Congress have failed to reform Medicare and the nation's energy policy and should not be trusted with Social Security.
"This is the same team that set out to reform Medicare but instead let lobbyists create a confusing, expensive program that was little more than a payoff to the big pharmaceutical and insurance companies," Braley said of the Medicare prescription drug plan.
Braley said it's time for a change in Washington with a Democratic-led Congress.
"Because after six years of misplaced priorities, George Bush and his rubber-stamp Republican Congress cannot be trusted to protect something as vital as Social Security," he said.
Did the RATS or Big Media have a cow when *Crinton and his rubber-stamp Democrat Congress raised taxes more than ever before?
What a wonderful hit-piece.
No, but the voters did
My wife and I listened to this jerk in our car. We laughed at him.
"Braley, 48, a lawyer from Waterloo, faces Republican Mike Whalen..."
Ironically, the country will be facing a financial "Waterloo" if we don't come to grips with the ticking demographic time-bomb. Just as the leftist DUmmies ridiculed, criticized, and opposed SDI (Strategic Defense Initiative), so they have done the same with meaningful social security reform. Truly the DumRats are the party of reaction. They are standing athwart history and screaming--NO!!
A good friend of the Chicoms...
Yo RATS what's your solution? And don't plan on raising taxes. Come on, we're all ears!
All other plans to save SS that do NOT strictly RAISE TAXES, will NOT be considered!!!
They are truly the party of stagnation and taxation.
Horsehockey ... the debt burden currently exists. Instead of investing our trust fund money in corporations with real assets and the means of production to repay any debt instruments, Congress "invested" the money in social engineering programs, retaining only the means of taxation to repay those worthless pieces of paper in that file cabinet. That RAT is a bald-faced LIAR!
The Social Security bugaboo is and has been the same old Dimocrat s__t fot the past 50 years.
"...which when compapared with our plan which is do nothing, will totally bankrupt the country and LEAD THE WAY TO THE RISE OF THE 4TH REIC......I mean taking the house and senate in 2006! YEAAHHHH!"
"What does this insane Democrat Moron think is happening now? What the solution to stop the system from going bankrupt Democrat clown candidate?"
What's the Dem solution you ask? Well take a look at your 401K statement ... now picture that statement being replaced by a official notice from the Feds saying that all 401K's will now be confiscated by the federal gov't and that this will save SS and you will get your money back when you retire.
THAT! is their plan ... and anyone on this board that doesn't think so is fooling themselves.
What would be really "news worthy" is if the RAT party could actually come up with a REAL idea on their own.
Since that gaggle of emotionally driven (and developmentally arrested) pansies and punks do not engage their intellect under any circumstance, that's not likely to happen.
Collectively, the RAT party is a waste of dna.
What you really get back to however is how the lies are delivered to the voting populace. All the dems need is a willing media wherever they are and their little game can go on forever.
Running on SS is what you do when you have nothing at all, no meaningful campaign ideas. Dems seldom do.It's the ultimate demagoguery.
Would love to see a Dim congresscritter sputter out a response as to why he can have a TSP account--but doesn't want any John Q Public getting one!
Oh great..more brave rhetoric from the no guts, no ideas party of the 'Rats. SS is a sinking ship and the 'Rats band plays on. Excuse me but it was past Rat congresses that raided the SS Trust Fund.....now crippled with fear and political hype the 'Rats scare well but dont solve problems....the 'Rat party of no ideas and the spineless wimp GOP who cave to them leave us with bankrupt leadership in these tumultuous times.
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