Saturday, January 29, 2005

GOP Jump SS Bush

You know the President's misleading and devastating plan to privatize Social Security is in trouble when Republicans go on record opposing it. From There Is No Crisis:
Chairman Bill Thomas said of the president’s plan to privatize Social Security, “And I'm looking forward to those discussions and not a continual beating of what will soon be a dead horse of their proposal.” [Washington Post, 1/19/05]

Sen. Olympia Snowe (R-ME) Said She Would “Certainly Not Support Diverting $2 Trillion from Social Security.” Senator Olympia spoke out against the president’s plan saying, “Well, I'm certainly not going to support diverting $2 trillion from Social Security into creating personal savings accounts. I don't object to personal savings accounts per se, but that's got to be a part of a larger retirement security picture, as one dimension. But the existing program, as it has been developed in the last 70 years, provides a stable monthly income that has prevented seniors, almost 50 percent, from falling into poverty. I don't think we want to erode the principles of that system. [CNN, Inside Politics, 1/23/05]

Sen. Arlen Specter (R-PA) Says He is “Strongly Opposed” to Benefit Cuts. Republican Senator Arlen Specter writes on his website, “Federal Reserve Chairman Alan Greenspan urged Congress in February of 2004 to deal with the country’s escalating budget deficit by cutting benefits for future Social Security retirees. I strongly oppose this approach…I am convinced that any restructuring of the Social Security system must ensure that no senior citizens who have spent their working years paying into the system be denied benefits or be removed from the Social Security rolls.” [http://specter.senate.gov/index.cfm?FuseAction=Issues.Home&Issue_id=12]

Sen. Lincoln Chafee (R-RI) Called This the “Wrong Time” for a Social Security Plan that Will Require Massive Borrowing. Republican Senator Lincoln Chafee said of the president’s plan to privatize Social Security, “It's the wrong time, and I regret that we're looking at this in the context of huge deficits.” [Providence Journal, 12/8/04]

Rep. Rob Simmons (R-CT) Asked “Why Stir Up a Political Hornet’s Nest?” “Why stir up a political hornet's nest . . . when there is no urgency? When does the program go belly up? 2042. I will be dead by then.” [Washington Post, 1/11/05]

Rep. Denny Rehberg (R-MO) Said, “I Haven't Seen Anything I Can Support Yet.” “U.S. Rep. Denny Rehberg, Montana's sole House member and a Republican, says he's a long way from feeling comfortable about ‘privatizing’ or allowing ‘personal accounts’ with Social Security funds, as suggested by the president. ‘I haven't seen anything I can support yet,’ he says.” [Great Falls Tribune, 11/17/04]
Dead horse. Hornet's nest. Strongly Opposed. "Nothing I can support." From Republicans no less. That's not good for Bush.

So keep up the heat.