Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

AARP 'dead set against' Bush's Social Security plan
USA TODAY via Yahoo! ^ | January 25, 2005 | William M. Welch

Posted on 01/25/2005 5:37:15 AM PST by Brilliant

Edited on 01/25/2005 8:20:29 AM PST by Admin Moderator. [history]

[Gannett allows headline and link only]


TOPICS: Government
KEYWORDS: greedybluehairs; socialsecurity
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last
AARP's chief executive officer...said the president's idea for private accounts carries huge costs and "is not necessary" to make the program's finances sound over the long term..."

The AARP has basically signed its own death warrant. If they join with the Democrats in bankrupting social security, they won't have much of following.

1 posted on 01/25/2005 5:37:15 AM PST by Brilliant
[ Post Reply | Private Reply | View Replies]

To: Brilliant

Don't say DEAD and AARP in the same sentence. I think their lawyers sue for that. (snerk-snerk))


2 posted on 01/25/2005 5:38:47 AM PST by add925 (The Left = Xenophobes in Denial)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant

"Just give me mine", say the greedy geezers. "Who cares about anyone after me."


3 posted on 01/25/2005 5:39:45 AM PST by Obadiah
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #4 Removed by Moderator

To: Brilliant
We are being asked to continue to "invest" in a "company" which pays 2% return, has a huge contingent liability which exceeds total current equity, is 100% leveraged, pays zero dividends, couldn't get a loan from a bank because of fiscal irresponsibility, is in a loss position, and if any of its investors die prior to payout, retains the stock by default.

Great investment.

5 posted on 01/25/2005 5:46:26 AM PST by wayoverontheright
[ Post Reply | Private Reply | To 1 | View Replies]

To: Obadiah

"Just give me mine", say the greedy geezers. "Who cares about anyone after me."

You couldn't have said it better! DH & I have SIX retired parents (four natural, two steps) and they are scared to death that they're going to lose their cash cow, though all are rollin' in the dough from investing wisely for their retirement in the first place.

I cannot convince any of them of the fact that the changes are not going to effect them at all, while benefiting me. And in reality, if we younger generation are allowed to open our own accounts, don't look for more than 4% of your earnings to be freed up anyway. For me, that's not enough! I want ALL of my money invested as I see fit!

As usual, it's the left doing two things; saying there is no crisis (even when they rallied behind Klinton on this exact subject in 1998!), yet making sure they use fear tatics to point the finger at the other guy. Same old, same old.


6 posted on 01/25/2005 5:47:26 AM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Brilliant
Private accounts are the only thing that makes sense and have been pr oven to work. I for one will never support AARP if they take a position opposing this.
My children need private accounts.
7 posted on 01/25/2005 5:48:21 AM PST by Recon Dad (Strong supporter of Private accounts)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant

The AARP is fighting this for only one reason: If people can actually put their retirment money into something with a better return than SS, they will retire comfortably at the worst and rich at best. That would leave an entire nation of well-to-do seniors that will no longer have a use for the AARP.


8 posted on 01/25/2005 5:50:04 AM PST by EricT. (Join the Soylent Green Party...We recycle dead environmentalists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brilliant

they should grow up


9 posted on 01/25/2005 5:50:46 AM PST by woofie (Proudly posting inane comments since 1998)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Diana in Wisconsin
I cannot convince any of them of the fact that the changes are not going to effect them at all, while benefiting me. And in reality, if we younger generation are allowed to open our own accounts, don't look for more than 4% of your earnings to be freed up anyway. For me, that's not enough! I want ALL of my money invested as I see fit!

Well my own opinion is that SS is unconstitutional as if that mattered

If it is any consellation just remember you may be inheriting some of that $$$$ from your 6 parents
10 posted on 01/25/2005 5:50:58 AM PST by uncbob
[ Post Reply | Private Reply | To 6 | View Replies]

To: Brilliant

The AARP had been proven to be a cash cow for a group of liberals. Oreilly exposed them three weeks ago. When most senior members realize this, AARP will fade away.


11 posted on 01/25/2005 5:51:09 AM PST by Uncle George
[ Post Reply | Private Reply | To 1 | View Replies]

To: Recon Dad

With rich seniors, no need for an AARP is it.


12 posted on 01/25/2005 5:53:30 AM PST by Sybeck1 (Why do Red States have Blue Senators?)
[ Post Reply | Private Reply | To 7 | View Replies]

To: EricT.

They are also pretty much an extension of the democrap party, much like the unions and the enviros.


13 posted on 01/25/2005 5:53:36 AM PST by ProudVet77 (Survivor of the great blizzard of aught five)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Brilliant

"Dead Set Against"

Try Rigamortissed to protect their cash cow.


14 posted on 01/25/2005 5:54:13 AM PST by HamiltonJay
[ Post Reply | Private Reply | To 1 | View Replies]

To: Diana in Wisconsin

Ask your retired parents if they know how much they are paid vs what they paid in. I believe the retirees selfishly don't want to consider what they are getting in SS monies vs what they really paid. I recognize they might have done better in the stock market but the geezers are still getting far back than what they paid in taxes years ago. Most don't want to think about anything but themselves- and have no shame either. I've lost respect for many of them due to their support of the dems and liberal programs and the 'hell with the grand children' attitude.


15 posted on 01/25/2005 5:54:15 AM PST by crionlion
[ Post Reply | Private Reply | To 6 | View Replies]

To: Obadiah
First of all the AARP does not represent the people who are in their older years. They have turned into a massive insurance organization that lobbies for left-wing causes. I draw social security but I know that to protect my grandchildren the system must be privatized. I have written the AARP but the only reply that I get is lies.
16 posted on 01/25/2005 5:57:55 AM PST by YOUGOTIT
[ Post Reply | Private Reply | To 3 | View Replies]

To: Brilliant

The AARP is completely right on this one. They better not budge one single solitary inch.


17 posted on 01/25/2005 5:59:33 AM PST by DaGman
[ Post Reply | Private Reply | To 1 | View Replies]

To: wayoverontheright

Not only that, but now they want us to pay an additional 4.5% for the same "wonderful benefits."


18 posted on 01/25/2005 6:00:26 AM PST by Brilliant
[ Post Reply | Private Reply | To 5 | View Replies]

To: ProudVet77
They are also pretty much an extension of the democrap party, much like the unions and the enviros.

Yes, I began to discard their mailings because of two events that happened the same day:

1: Two elderly sisters in my town were robbed and beaten in their home. One had broken bones in her face.

2: The AARP came out with a Gun"Control" screed.

Their credibility with me is Rathergrade.

19 posted on 01/25/2005 6:05:26 AM PST by Gorzaloon
[ Post Reply | Private Reply | To 13 | View Replies]

To: Brilliant

I spoke with an AARP phone solicitor last week, recently turned 50, and he was completely briefed on the party line. My parents use them strictly for the travel discounts, but there has to be an altenative. Could we form a Freeper group to counter-balance them. I know that well over 70% of persons aged 50-65 are conservatives, there would be a huge groundswell of support for an alternative.


20 posted on 01/25/2005 6:06:18 AM PST by STEAMER (My dog ate my tagline.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson