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McCain: "Along The Lines President Bush Proposed"

Via Attaturk, John McCain would deal with Social Security and the economy like George Bush would:

As part of Social Security reform, I believe that private savings accounts are a part of it—along the lines that President Bush proposed,” McCain told the Journal.[Wall Street Journal, 3/3/08; Campaign Website, accessed 3/3/08]

By Big Tent Democrat, speaking for me only

< Troy Davis' Clemecy Rejected | What Matters: McCain Clueless On The Economy >
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    Gosh (5.00 / 1) (#7)
    by Steve M on Mon Sep 15, 2008 at 09:23:57 AM EST
    I sure wish my Social Security funds were in the stock market today.

    Also, after watching the effect of the hurricane on gas prices over the weekend, I feel we need to drill more so our economy can become even more dependent on oil production.

    Not to worry (5.00 / 1) (#16)
    by litigatormom on Mon Sep 15, 2008 at 11:29:58 AM EST
    McCain announced THIS MORNING that "the fundamentals of our economy are still strong."

    You can see a clip here of McCain's statement here.

    http://tpmelectioncentral.talkingpointsmemo.com/2008/09/mccain_this_morning_the_fundam.php

    Additionally, McCain advisor Donald Luskin agreed in yesterday's WaPo that Phil Gramm is right to say that we are merely in a "mental recession." He calls Barack Obama "patient zero" in spreading the irresponsible myth that the economy sucks.

    So put those retirement funds in the stock market right now!  Buy low, sell lower!!!!

    Parent

    Too bad (none / 0) (#8)
    by Ga6thDem on Mon Sep 15, 2008 at 09:29:25 AM EST
    you're not a campaign advisor. It's sad when you the average voter who posts on blogs have better comebacks and ideas than the people running the Obama campaign.

    Parent
    heh (none / 0) (#9)
    by andgarden on Mon Sep 15, 2008 at 09:36:21 AM EST
    I kinda wish... (none / 0) (#11)
    by kdog on Mon Sep 15, 2008 at 10:20:24 AM EST
    my social security funds were still in my paycheck.

    I don't wanna gamble on Wall St. with it either, but the feds don't exactly have my full confidence, to say the least:)  I trust myself most of all...but then there is nothing for bueracrats and brokers to skim...so much for that freedom.

    Parent

    Well (none / 0) (#12)
    by Steve M on Mon Sep 15, 2008 at 10:28:54 AM EST
    Call us a society of bleeding hearts, but we're not willing as a nation to let old people starve to death because they made imprudent investment choices.

    Parent
    I'm all for..... (none / 0) (#13)
    by kdog on Mon Sep 15, 2008 at 10:37:59 AM EST
    a portion of my income taxes going towards healing the sick, feeding the hungry, caring for the elderly.  I'm a bleeding heart too!  

    I do have a beef with the govt. telling me they are holding money for me, then using it for other things.  Level with me Uncle Sam, if somebodies Grandma Millie is starving I'll chip in, just don't bullsh*t me.

    I just firmly believe no one can better plan for your future than yourself.

    Parent

    No one is holding money for you (none / 0) (#14)
    by Steve M on Mon Sep 15, 2008 at 10:58:33 AM EST
    Your money is taken out of your paycheck from Friday and gets handed over to some disabled person or senior citizen on Monday.  It doesn't go into some box where it sits until you retire.

    Whether you enjoy a prosperous retirement still depends largely on the decisions you make.  Social Security is just a basic safety net to make sure no one starves.

    Parent

    The point lost on many (none / 0) (#15)
    by andgarden on Mon Sep 15, 2008 at 11:10:47 AM EST
    it's a mandatory insurance more than it is an investment.

    Parent
    If you ask me... (none / 0) (#17)
    by kdog on Mon Sep 15, 2008 at 11:39:06 AM EST
    its just another tax, I just wish they'd call it that.

    Seems like a convuleted way to care for those in need, cutting all those unnecessary checks every month for people who have enough for retirement, taking money from people who ain't all that well off right now for a retirement that might never come.  Gotta be a better way...unless, as I suspect, it's all about the skim.

    Parent

    Hmm (none / 0) (#18)
    by Steve M on Mon Sep 15, 2008 at 11:58:57 AM EST
    They do call it a tax, the payroll tax to be specific.

    Parent
    Stand corrected... (none / 0) (#19)
    by kdog on Mon Sep 15, 2008 at 01:30:38 PM EST
    checked one of my paystubs and it is a tax, for some reason I thought they called it a deduction.  Not that there is a difference, it is taken no matter what you call it, with weak assurances you'll see it again if you live long enough.

    I'd feel a lot more secure if it was under the mattress.

    Parent

    If Obama can't run a zillion ads (none / 0) (#1)
    by BrianJ on Mon Sep 15, 2008 at 07:59:31 AM EST
    With that quote, he probably shouldn't win.  (And almost certainly won't.)

    Where's (none / 0) (#2)
    by Ga6thDem on Mon Sep 15, 2008 at 08:08:27 AM EST
    the ad from Obama? This one is a gimme.

    Check out Trippi today (none / 0) (#3)
    by nulee on Mon Sep 15, 2008 at 08:11:29 AM EST
    That (5.00 / 1) (#6)
    by Ga6thDem on Mon Sep 15, 2008 at 09:09:02 AM EST
    article shows exactly how clueless Trippi is. The country is NOT hungry for post partisan change. If that was the case, Hillary would not have been polling better against McCain when the primaries were going on.

    Yes, McCain has stolen Obama's message of "change" but that's an easy message to steal. You can always steal vague amorphous ideas. If Obama had stuck to substance he wouldn't have this problem. Do you really think that McCain would have suddenly decided that the country needed universal coverage? I don't.

    Parent

    Has Trippi ever won an election? (none / 0) (#4)
    by andgarden on Mon Sep 15, 2008 at 08:24:54 AM EST
    not yet (5.00 / 1) (#5)
    by kredwyn on Mon Sep 15, 2008 at 08:28:57 AM EST
    Obama worries me more than McCain (none / 0) (#10)
    by Pol C on Mon Sep 15, 2008 at 10:02:33 AM EST
    McCain can say whatever he wants about this, but there will be no privatization of Social Security during his Presidency. The Democrats in Congress recognize this as a wedge issue to be played against the GOP, and that won't change.

    Obama is a much bigger concern. If a Democratic president pushes privatization, Congressional Democrats may go along with it. The Wall Street people are aching to fill their coffers with FICA money, but they know now that they will never accomplish it through the GOP, even if the party controls the Presidency and both houses of Congress. They know they need a Democratic Trojan Horse in the Presidency to pull it off.