Kerry, Greenspan Diff on Social Security

[nolabels]

Kerry, Greenspan Diff on Social Security


John Kerry, Alan Greenspan Offer Different Perspectives on Social Security

The Associated Press


SEATTLE Aug. 28, 2004 — John Kerry doesn't talk much about Social Security on the campaign trail, but he laid out some thoughts for a voter in Everett, Wash., who doubted that the government retirement program is really in trouble.

"We've made little fixes, little jots and jags here and there, that have been able to change it," the Democratic presidential candidate said, noting that Social Security has survived 20 years of predictions that its demise is around the corner.

Those words of reassurance struck a much different tone than the warning issued by Federal Reserve Chairman Alan Greenspan earlier Friday when he said that, even under the most rosy economic assumptions, the government has promised more Social Security benefits than it can deliver to retiring baby boomers.

"If we delay, the adjustments could be abrupt and painful," Greenspan said in Jackson, Wyo., at a Federal Reserve conference on the challenges posed by an aging population.
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http://abcnews.go.com/wire/Politics/ap20040828_83.htm

[dumpster_baby]

1. Kerry needs to RUN RUN RUN with SS issue--link Greedspan to BUSH!

Run with it!

[the Kelly Gang]

2. Greenspan/Repubs hate SS..(great pic as well)

[sallyseven]

3. Greenspan is trying to get bush's message

across. Scare everyone. Can you imagine everyone putting their retirement into the stock market? Knowing how and getting their money out when they need it. No way should SS be privatized. You know how business operates, like the mafia.

[nolabels]

4. Not putting all your eggs in one basket does not mean ..........

you should be trying to hatch vulture eggs. One thing about money is that it has a very calculable track record. Most things too good to be true probably are. The stock market just like the Savings & Loans companies of the eighties is just another way for rich people to steal from poor people. Greenspan will also be bye bye when Kerry comes in so who could expect any less to be coming from his lips.