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News Link • Social Security

Dems slam Ryan over Social Security privatization

• AP
Democrats are eagerly renewing their fight against privatizing Social Security now that Republican presidential candidate Mitt Romney has picked Paul Ryan as his running mate. It was a fight that didn't go well for the GOP when President George W. Bush pushed the idea in 2005.

1 Comments in Response to

Comment by David McElroy
Entered on:

 I am no Democrat, nor Republican. I support Ron Paul. But privatization is just another way to loot the Social Security funds of working class people in the ongoing socialist rape of America. They privatize the profits and privileges, and socialize the losses and liabilities. A privatized Social Secuirity fund will be managed much like the pension funds you hear about. The fund manager skims the money over the years and then OOPS! "Our investments have gone south, and we have an unfunded liability."  Aren't you just sick of this repeated trick sucking up all OUR funds in virtually every program the swindlers have sold us? Do you read Walter Burien's www.CAFR1.com ? Let's hang some banksters!


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