Posted on 08/14/2005 6:58:24 AM PDT by Graybeard58
WASHINGTON -- President Bush's plans to restructure Social Security and add voluntary private investment accounts will hurt Hispanics, particularly those who own small businesses, by burying them in new administrative costs and red tape, Democratic Sen. John Kerry said.
Speaking in Spanish for a radio address aimed at Hispanic listeners, Kerry said members of the growing minority are less likely to have alternate sources of retirement income so they rely more on Social Security.
"At a time when Hispanics represent the largest minority and one of the fastest growing business group we must ensure that we work together to strengthen Social Security," said Kerry, who ran unsuccessfully for president against Bush in 2004.
The Massachusetts senator, who is the ranking Democrat on the Senate Small Business and Entrepreneurship Committee, said that administering the private accounts being proposed by Bush will cost hundreds, if not thousands, of dollars.
The president has proposed adding voluntary personal investment accounts to Social Security in exchange for a reduction in guaranteed future benefits. Polls show the plan is opposed by six in 10 Americans, and it is facing solid Democratic opposition and considerable GOP skepticism in Congress.
Today is the 70th anniversary of the day the Social Security Act was signed into law by Franklin D. Roosevelt.
"Private accounts won't do a thing to protect Social Security and they won't work for small businesses," Kerry said in the Democratic radio address.
"No matter how a system of private accounts is set up, small businesses risk losing 40 percent or more of their Social Security benefits, profits and valuable time and resources under President Bush's privatization plan."
The radio address will be broadcast on local Univison Radio, Radiovisa, Radio Latina, Radio Bilingue, and CNN en Espanol Radio affiliates after 11:06 a.m. Saturday.
Message to Kerry: "¡Cállate tu puta boca!"
In Spanish: "STFU"
Put 'em down and hold 'em down. Typical liberal rhetoric.
So changes to SSI can be racially controlled? What is this guy taking? Does he think only Hispanic own certain business types? What a fool.
I wished the GOP had a bull dog that would make Kerry and his ilk explain these idiotic statements.
Still trying to play ketchup?
They're all in the public sector and won't take the cut in pay.
Apparently so. Typical ugly liberal racism.
Anyone who would consider anything a rat senator from Massachusetts says is already a lost soul.
Dear Mr Heinz your concern for Hispanics and government red tape just doesn't cut the mustard. I think instead of a concern for Hispanics you should voice a concern for all Americans and do something about the biggest piece of Red Tape ever created by a bunch of runaway politicians the US Tax Code.
Mr Heinz, did you know
As of 2001, the Internal Revenue Code contained 1,685,000 words—a 13% increase since 1995 and nearly 380 times the number of words in the U.S. Constitution.
As of 2001, IRS Regulations contained over 6,752,000 words—a 10% increase since 1995 and over 8-½ times the total number of words in the King James Bible.
There are 733 separate sections of the federal income tax code—a 612% increase over the tax code in 1954.
As of last year, the IRS produced 649 separate forms, schedules, and instructions with approximately 16,100 lines. IRS publications providing guidance to taxpayers alone totaled about 13,400 pages.
"The Massachusetts senator, who is the ranking Democrat on the Senate Small Business and Entrepreneurship Committee, said that administering the private accounts being proposed by Bush will cost hundreds, if not thousands, of dollars."
sKerry, the ranking dummie on this committee, only knows how to marry money - not make it himself - so what does he know about small business and entrepreneurship? I hate the fact we have to pay this loser a salary, especially since Mama T already does.
This statement is pure bullship. Kerry, predictably, has apparently decided that Hispanics are a monolithic group incapable of thinking for themselves.
BTW, if six out of ten Americans oppose the plan then those six can ELLECT NOT TO PARTICIPATE. It is a VOLUNTARY plan. Kerry forgot to mention this.
Well, too bad Hispanics don't follow Kerry's get rich quick scheme and chase rich widows or daughters. Alas, they can't all marry TerAZsa Heinz.
Don't look at what he says, look at what he's doing. This is really a good move by Kerry. He lost a lot of hispanic vote to W in '04.
The fact that he is scare-mongering and lying only means he intends to run again.
Democratic scare tactics, by sKerry, in Spanish!
Translation: FY!
Right.
But if you are here illegally, you aren't shaked down to pay into the system.
Therefore, they won't be able to get social security because they will not have paid into it.
However, all legal citizens will have no such problems.
-they won't work for small businesses," Kerry said-
What the heck-all does Kerry know about SMALL business, or any business at all? He has ZERO experience.
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