JOHN McCAIN SUPPORTED THE GOP'S PRIVATIZATION SCHEME UNDER BUSH
It's worth pondering that, had it been enacted, the GOP's plan under Bush to privatize social security probably would have channeled retirement dollars right into the junk that has now sunk three Wall Street firms (and counting), two GSEs, and a slew of mortgage companies.
Of course, firms go out of business all the time. But this is unique. Only a week ago, everyone had the public financial statements (ahem!) of these companies and judged them to ... have some worth.
Remember that, next time the GOP comes peddling tales of glory for privately invested funds ...
Remember that, if you think eight more years of GOP irresponsible "rule" might not stretch the county to the breaking point, past the point of no return...
Monday, September 15, 2008
Bush Plan to Privatize Social Security Would Have Put Your $$ In Hands of Failed Banks...
