Home Mobile Archives Reader Blogs Register Login

Monday, May 02, 2005

Democratic Double Talk

ND NEWS

Here's a quick little pop quiz for everyone. Tell me who was the sources of each of the following quotes are:


Taking Back ND-

1) "[Investing] will earn a higher return and keep social security sound for 55 years."

2) "Most of us have no problem with taking a small amount of Social Security proceeds and putting it into the private sector."

3) "I was at the Social Security summit at the White House, along with 40 of my colleagues, Republicans and Democrats. And there was virtual unanimity of opinion that we simply have to get a higher return from the social security investments."

4) "[E]ven after you take account of the stock market going down and maybe staying down for a few years shouldn't we consider investing some of this money, because, otherwise, we'll have to either cut benefits or raise taxes to cover them, if we can't raise the rate of return."

5) "[W]hat I believe we should do is to invest a modest amount of this in the private sector, the way every other retirement plan does. The Arizona state retirement plan does; every municipal retirement plan does; every private plan does."


My initial thoughts were top ranking GOP officials, namely President Bush. Never did I suspect any of these staunch privitization opponents:

1)President Bill Clinton (State Of The Union, 1/19/99)
2)Senate Minority Leader Harry Reid (Fox News Sunday, 2/14/99)
3)Sen. Kent Conrad (Fox News' Special Report, 1/20/99)
4)President Bill Clinton (Remarks Via Satellite To The Regional Congressional Social Security Forums, Albuquerque, NM, 7/27/98)
5)President Bill Clinton (Remarks to the citizens of Tucson on Medicare and Social Security, Tucson, AZ, 2/25/99)

Harry Reid's quote should be on a bill board on every highway in Nevada. I guess waaay back in '99 privitization was a good idea, but not now. Now he calls it a risky gamble that will gut social security. This couldn't be more partisan politics again could it?

Comments

Avatar for Dave

Since this seems obvious and nobody’s pointing it out: what Bush wants to do isn’t privatizing social security.

When the gubmint takes your money and tells you what you can do with it, that ain’t private.

What he’s offering to do is nationalize the stock market.

Dave on May 2, 2005 at 05:06 am
Avatar for LoadTheMule

Joshua,

You just don’t get it, do you?  When Harry said, “most of us,” he was speaking in the universal, not the individual, sense.  Most of us do, but he doesn’t.  Didn’t then, doesn’t now.  You’re obviously misreading the quote, you partisan hack...{/sarcasm}

Regards…

LoadTheMule on May 2, 2005 at 05:06 am
Avatar for JG

What the President is offering is better than what we have now.

Patently false.  Between 60-70% of us will see a cut in benefits under the AWOL George plan.  The rest will see benefits as they are currently.

Once more, SS is not a retirement plan.

JG on May 2, 2005 at 06:05 am
Rob
Rob
17538 comments
Send a private message

What the President is offering is better than what we have now.  If I had my way social security would only be a safety net for those who need it.  The rest of us would keep our money and establish our own retirement plans.

Sadly, that’s never going to happen.  At least this way we get to exercise a little more control.


When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

robport.gif border=0

Rob on May 2, 2005 at 06:05 am
Rob
Rob
17538 comments
Send a private message

A cut in guaranteed benefits, yes.  What you’re not counting is the money we will be allowed to invest, which will return more in interest than the current SS program.  In short, most Americans will get more out of social security than they’re getting now.


When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

robport.gif border=0

Rob on May 2, 2005 at 07:05 am
Avatar for WOOF

Bush has tied himself to the saddle of the dead horse sinking in quicksand that are his morphing SS plans.
That horse stinks and those that grab the reins will go under with him.

WOOF on May 2, 2005 at 07:06 am
Avatar for Dave

"Allowed to invest”?! Ack. How gracious of them to ALLOW us to invest our own money in a set of gov’t-picked securities.

Of course, I have every confidence the selection of said securities will be entirely based on their historical performance and not at all on the political inclinations of the fund managers or owners. Ohio and rare coins, anyone?

Dave on May 2, 2005 at 09:05 am
Avatar for JG

What you’re not counting is the money we will be allowed to invest, which will return more in interest than the current SS program.

So, you’ll guarantee everyone will see a greater return on their money than that provided by SS?

Because if you are, there’s no solvency problem with SS.

JG on May 2, 2005 at 09:05 am
Avatar for Joshua

LTM-

Nice try. Obviously you haven’t read one line of the FNC interview in question. I’ll save you the trouble. Reid was indeed referring to himself when he gave an okay for putting the money into the stock market. Your semantics arguments simply don’t hold water.

While Reid’s approval wasn’t of a plan exactly like the current GOP plan, it was an endorsement that explicity conflicts with his current language in 2005.Partisan politics without a doubt.

And by the way, I like how you pick one quote of the five to harp on (unsuccessfully albeit) and look the other way when you can’t think of some semantics related cop out on the other four. Nice work and better luck next time.

Joshua on May 2, 2005 at 03:06 pm
Avatar for Aaron

LTM was being sarcastic…

Aaron on May 2, 2005 at 04:05 pm
Avatar for LoadTheMule

Aaron,

I was?  *grin*

Regards…

LoadTheMule on May 3, 2005 at 04:05 am
Avatar for Aaron

I suuuuuuuuuuuure hope so… hehe

Aaron on May 3, 2005 at 03:05 pm
Page 1 of 1        

Post a Comment


Before commenting, please recite:

Grant me the serenity to ignore the trolls,
the courage to debate with honest opponents,
and the wisdom to know the difference.

Name   
Email   
URL   
Human?
  
 

Upload Image    

Remember my personal information

Notify me of follow-up comments?

Note: Notifications will only be sent to confirmed email addresses.