Monday, May 19, 2008

Barack Obama talks Social Security in Gresham, Oregon

Barack Obama talks about preserving social security and cutting taxes on social security for those who make less than $50,000, at a seniors town hall meeting in Gresham, Oregon yesterday.



This is Constitution Party presidential nominee Chuck Baldwin’s stance on SS:
The Constitution grants no authority to the federal government to administrate a Social Security system. The Constitution Party advocates phasing out the entire Social Security program, while continuing to meet the obligations already incurred under the system. Until the current Social Security system can be responsibly phased out, we propose that:
• The Social Security tax is not a "rainy day" fund which politicians can pirate, or from which they can borrow to cover their errors and pay for their excesses.
• Individuals who have contributed to Social Security be allowed to withdraw those funds and transfer them into an IRA or similar investments under the control of the individual contributor.
• Any sort of merger between the U.S. Social Security System and that of any foreign country must be banned, so the distribution of benefits will not go to persons who have not qualified for payments under American law as legal residents.
• Earning limitations on persons aged 62 and over be removed, so that they may earn any amount of additional income without placing their benefits at risk.
• Those provisions of the Social Security system which penalize those born during the "notch years" between 1917 and 1926 be repealed, and that such persons be placed on the same benefit schedules as all other beneficiaries.
We support the right of individuals to choose between private retirement and pension programs, either at their place of employment or independently.
We need to start to reign in this out of control government and neither McCain nor Obama are willing to do this!

Stopbarack.blogspot said...

It saddens me to see the "slash and burn" politician Obama has become.

Popular Posts