OK, so do you Dems have better plan? Do you even have a plan?

I got this letter from The DNC Internet Team this morning.

Dear Bill,

Last night in his State of the Union address, President Bush promised to "build a better world for our children and grandchildren" -- and then outlined a series of policies that would do exactly the opposite.

Bush deliberately chose to mislead the American people about his disastrous plan to privatize Social Security. He claimed to oppose borrowing money and cutting benefits, but his plan does both, creating trillions of dollars in new debt and cutting benefits up to 50 percent. He claimed that his plan would make Social Security more solvent, but experts agree that it will do the reverse.

The result is a less secure future for our children and grandchildren. And Bush's Social Security privatization scheme is just the tip of the iceberg.


With your help, we will hold Bush and the Republicans accountable, and we will stop their disastrous agenda dead in its tracks.

Sincerely,
Doug, Eric, Jesse, Nancy, Morra, and Josh
The DNC Internet Team

HHHhhhmmmm....

Pres Bush basically wants to allow individuals to invest part of what they would have paid into Social Security into the stock market.

I so WISH I had been allowed to put invest ALL the money I was forced to pay into Social Security in the Stock Market.

I am 48. About ten years ago when I got my first statement from the Social Security administration telling me how much I had paid in each year (We all get one yearly) I sat down with a financial calculator and calculated how much money I would have if I had invested the same amount in an investment returning 5% annually.

Bear in mind that the DOW has done between 5 an 6% averaged over the last 70 years.

If I had invested those dollars at 5% I would have been able to retire right then, TEN years ago.


But that really isn't the point.

President Bush want to do what Clinton/Gore wanted to do. Back then the Dems loved the idea, now they hate it. I wonder why that is. Maybe because all the DNC is these days is the anti-Bush party. They have nothing of their own but they think the American people are stupid enough to elect them any way. (Well OK some people are stupid enough to vote for them, Nov 2 proved that.


In 1999.Clinto/Gore proposed that the government invest Social Security funds in the stock market.

DEMOCRATS PROPOSED GOVERNMENT INVESTMENT IN THE STOCK MARKET

Vice President Gore Supported Clinton's Proposal To Invest The Social Security Surplus In The Stock Market. In 1999, "President Clinton proposed . . . transferring 62 percent of projected budget surpluses to Social Security, to put more than $2.7 billion into the system over the next 15 years. He said about $700 billion of it should be invested in the stock market for increased returns. Gore support[ed] the administration plan." (Walter R. Mears, "No Avoiding The High-Voltage Issue In This Campaign," The Associated Press, November 27, 1999)

They did it again in 2001.

In 2001, The Democrats Again Proposed The Government Invest Social Security Funds In The Stock Market. "The [proposal] marked the first time that Democrats have countered Bush's plan to rescue Social Security with a stock strategy of their own. But, unlike Bush, they would leave it to the government to do the investing and take the inherent risks." (Robert A. Rosenblatt, "Democrats Venture Into Realm Of Social Security Privatization," Los Angeles Times, July 25, 2001)

DNC get off yer collective dead ass and come up with a plan!!!!!

Or shut up and let the Republicans fix Social Security.