The Left Goes After A Scalp Of Their Own
Here is Hume's actual statement:
In a written statement to Congress in 1935, Roosevelt said that any Social Security plans should include, "Voluntary contributory annuities, by which individual initiative can increase the annual amounts received in old age," adding that government funding, "ought to ultimately be supplanted by self-supporting annuity plans."
Now, at worst, Hume is guilty of some selective quoting. Unfortunate, but hardly a crime worthy of resignation given the number of times it happens in the media. But really, there's a good argument to be made for the fact that Hume's overall assertion is correct:
By the time the mandatory annuities were paid out, they'd actually been made more generous than what FDR had proposed, as you'll read in the above link. How generous? The average benefit for a male worker was $22.71, which translates into a whopping $287.64 in 2003 dollars. The actual average benefit in 2003? $895.00. Even with a sizeable clawback, Bush's plan will be far more generous on the mandatory side than FDR's, plus the voluntary annuity that FDR wanted, but never got (though the details of the financing of the annuities differ, the result seems substantially the same: Americans have the choice of putting aside savings with which to buy annuities when they retire).
So Brit Hume's implication that FDR supported a plan like Bush's seems to me to be pretty accurate. I've got better things to waste my outrage on.
So really, what we've got here is Hume asserting a viewpoint which can be backed up with valid reasoning. And lets not forget that Hume's remark was not made into a vacuum. I didn't watch the segment (and the left certainly isn't providing any context for it) but I'm guessing that Hume's opinion on the matter wasn't the only one offered.
Pointing out that FDR had ideas for the Social Security program that were similar to our current President's is not a smear, its a valid point. The fact that the left (and FDR's grandson) don't like it being pointed out is irrelevant, and trying to compare this comment about a long-dead President to CBS' attempted smear of a sitting President for the express purpose of influencing an elections is simply outrageous.
I find it laughable that the left has largely ignored or down-played the controversy surrounding Eason Jordan's blatant lies about our soldiers and the Dan Rather controversy in favor of tripe like this.
(via Protein Wisdom)
Update:
Heh.













