Archive for the 'Social Security' Category

2008: Brownback wants to give you lots of accounts

As John Deeth documents, Republican Senator Sam Brownback of Kansas has a lot of ideas that can be considered quite radically conservative. And he’s got a thing with creating accounts for everything. In Iowa City he proposed “Marriage Development Accounts” to help give matching funds to couples who marry and start reproducing quickly. As IowaPolitics.com notes, he also wants to privatize Social Security — the most popular federal government of all-time and lasting over 70 years — by introducing so-called “personal accounts” which is just Republican code for elimination of the system through privatization. And, he also supports the creation of “Health Savings Accounts,” another way to ‘reform’ health care by supposedly introducing markets, but does nothing to solve the problems of insurance pool sizes and other issues with health care.

So, here’s his talking point for the election: I’ll give you accounts as President; they fix everything!

IA-01: Register profiles the race

If you ever wanted to know what motivated Bruce Braley and Mike Whalen to run for Congress from the 1st CD, the Register profiles their motivations here.

And make sure to check out the lovely sidebar where the Register notes Whalen’s support for private accounts AKA dismantling and destryoing Social Security.

IA-0: DCCC relentless against Whalen

Via Monday’s Hotline On Call, we find out that the DCCC is still going after Mike Whalen, particularly on the issue of Social Security privatization, where he has long been an unapologetic privatization supporter. Of course now it is a bit foggier as the doublespeak begins. Anyway, Bruce Braley is fighting the good fight and should pull off the win on November 7th.

IA-03: Lamberti’s ‘change’ means copying NRCC talking points on questionnaires

If you’ll remember, Jeff Lamberti just released an ad talking about how he’ll be the candidate “for a change” in Washington DC. Somehow, I don’t think copying National Republican Congressional Committee talking points is going to make appear to be the candidate for a change when you can’t even say anything different than what the party leaders are telling you. The AP has more in Forbes:

“The answers were so good, Republican candidates wanted to use them as their own. The embarrassment was at least seven did.

Republicans in House races copied their party’s talking points and included parts of the answers as their own for an AARP survey. The answers related to Medicare, Social Security, insurance plans and retirement.

Candidates in Georgia, Illinois, Iowa, South Carolina and Texas all submitted the sometimes word-for-word responses, which originated with the National Republican Congressional Committee.

[…]Among the candidates who used the borrowed language were Andrea Zinga and Peter Roskam, both running in Illinois, Jeff Lamberti in Iowa, Chuck Blasdel in Ohio and Max Burns in Georgia.”

It is time for a change in leadership in DC — let’s put the Democrats in charge and watch them take this country to whole new level where the legislature accomplishes tasks that appease the people and don’t just screw over ordinary Americans by selling out to industry and lobbyists at every turn. Jeff Lamberti says he’s going to be be a change, but how can we believe him when he’s afraid to run as a Republican, when he’s a afraid to debate Congressman Boswell, when he can’t offer policy proposals that don’t already exist, and when he just copies the answers the national party told him to give?

I’m voting for Leonard Boswell because he’s been an advocate for change as Iowa’s lone Democratic representative in the House and because he will be critical in the Democrats’ efforts to retake the House and set this country on the right track.

And if you’re curious, here are the candidates’ answers to the AARP survey.

2008: Where does Vilsack stand on Social Security?

I’m generally concerned of Democrats who carry a message of massive Social Security reform because I’m an ardent believer in small fixes for a Social Security system that is generally functioning fine and will continue to function fine if it isn’t fucked with. But Tom Vilsack is making me worried with things like this:

“During an appearance on statewide public television last (Friday) night, Vilsack — a Democrat — said he’d be willing to talk about making significant changes in the Social Security system. “I’m willing to talk to the American people about the challenges that we face and the need for us, all of us, to understand what we’re up against and to encourage Americans to participate in building this country into a strong and innovative and creative economy that can sustain a better future for our children,” Vilsack said. “That’s going to require heavy lifting.”

Heavy lifting is perhaps an understatement, as current President George Bush had to abandon his own Social Security reforms in the face of strong opposition from fellow Republicans and Democrats. “There are a lot of things that need to be done in Social Security that we need to have a conversation about,” Vilsack said. That could, Vilsack suggested, include raising the age at which Social Security payments start not for Baby Boomers like himself but for younger people, like his 20-something sons. “

That’s from a report by Kay Henderson of Radio Iowa last Saturday. You can find the transcript from his Iowa Press interview here and listen to the audio here.

Making significant changes to Social Security isn’t necessary. Small things need to be done, like rising the income cap on Social Security contributors as well as possibly raising the retirement age — for future generations, as Vilsack mentions. That isn’t a major reform though, at least not in my book. Those articulating a message of significant changes (granted, they’re the words of Kay Henderson and not from Vilsack’s mouth) usually end up using the phraseology as a kind of bamboozlement (stealing a term from Josh Marshall) with regards to Social Security and ultimately mean privatization or personal accounts, whatever you want to call it. However, I would argue that privatization is the right word and the only word.

Does Vilsack support privatization? It really is hard to tell. In 1999 or 2000 he signed the DLC’s Hyde Park Declaration which included this lovely little tid-bit:

“Create Retirement Savings Accounts to enable low-income Americans to save for their own retirement.”

That was listed as one of their goals for 2010. Funny that George W. Bush and his Republican cronies grabbed the privatization euphemism of ‘retirement savings accounts’ straight from the mouths of the DLC. Retirement savings accounts are essentially the same thing as private accounts, all that is different is the terminology.

But here’s what Vilsack said in 2004 while helping with the Democratic rapid response to the Republican Convention:

“Vilsack is helping Democratic national Chairman Terry McAuliffe run the effort to get the Democratic message out during the Republican National Convention that begins Monday at Madison Square Garden. Democrats hope the Iowa governor can provide the perspective of voters in the heartland.

[…]President Bush is expected to talk about his plans for another term when he addresses the GOP convention Thursday night, including a proposal to partially privatize Social Security and his continuing efforts in the campaign against terrorism.

“I suspect the president will trot out worn-out ideas like privatizing Social Security,” Vilsack said, suggesting that would get a cool reception “just like his prescription drug plan and his ’leave no child behind’ plan.””

From his statements, it seems like in 2004 he was against privatization because Bush was for it and the Democrats were the anti-Bush’s.

So what is it Governor Vilsack? You were for it before you were against it and now you say there needs to be change. Will you make a committment not to privatize Social Security if you are selected as the Democratic nominee for 2008? Actually, will you make a committment to never support the full or privatization of Social Security? The American people and Congress blocked privatization once already. Don’t make us do it again and bring you down with the rest of them.

IA-01, 03: Cheney campaigns for Whalen and Lamberti

So, Dick Cheney was in town yesterday campaigning for Jeff Lamberti, and then he was over in the 1st CD campaigning for Mike Whalen. Nothing like getting three folks together who want to privatize social security, but if you believe Krusty then no one in Washington is talking about privatization any more. If you look through this relevance organized list from a Google News search of “social security reform” you’ll notice a July 9 article from the Washington Times entitled ‘Bush still pushing Social Security reform.’ The article talks about personal retirement accounts which is Rovian framing of privatization. Not to mention the fact that the Social Security Subcommittee of Ways and Means Chairman Jim McCrery said recently:

“Looking at the lay of the land politically and substantively, it seems to me the more logical order would be Social Security, then tax reform, then healthcare reform.”

And he’s a big supporter of private accounts, which is what ‘reform’ means to him.

Mike Whalen’s also been a big advocate of privatization throughout his lifetime, which is why Bruce Braley was right to call him out on it during his radio address two weekends ago and that’s why he is right to keep bringing it up in the future. You can call it a non-issue or something that won’t come up during his term or whatever you want, but we should all remember just how many times Bush said he wouldn’t work to privatize Social Security during the 2004 campaign only to come to his State of the Union in 2005 and launch his big privatization effort. It is all lies from these folks and it always will be. If you want to know more about Mike Whalen’s Social Security thoughts, see this post.

The Iowa Democratic Party put out this release yesterday following the Cheney-Lamberti event highlighting Lamberti’s support for private accounts on the Iowa Christian Alliance survey. And what’s even more ridiculous is that Krusty thinks the IDP is just now showing its worry about Boswell because we’re making up ‘lies.’ The DCCC and the IDP recognize just how tough Boswell’s race is, and that’s why they’re giving him full support in this race. Most seats in Iowa aren’t always safe for incumbents because of the nonpartisan nature of our redistricting system. Krusty knows that but maybe he’s just being dense today.

Oh, and I think it is quite funny that the guy campaigning for you — in this case the Vice President of the United States — can’t even get your name right. Both Dave Price and Kay Henderson note the VP’s problems with Jeff’s last name. I wonder if it’d just be easier for the VP is he called him “LAMEberti.”

Privatization petition from Americans United

UPDATE: If you’re looking to tell your Medicare Part D disaster story or help out in the Iowa efforts to fight against Social Security privatization and for meaningful Medicare reform, make sure to check out this comment from Charlie over at the Iowa Citizen Action Network. They are AU’s affiliate here in Iowa and they could use your help — and could help you.
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I just got a campaign email from Harry Reid reminding me of the very real threat of Social Security privatization now that the Bush Administration has decided that they to fight a losing battle on something the American people don’t want — again.

Visit the newly redesigned Americans United website and sign their petition against Social Security privatization. Not only that, but via their website and as their organization grows, you can take part in activism efforts to help fix Medicare Part D and make sure our ports are really secure, as well as learn more about the privatization battle.

IA-01: Transcript of Braley radio address on Social Security

As some of you know, Bruce Braley delivered the Democratic radio address this past weekend. You can find the transcript and the audio of the address here via the DNC.

Now, some are going to accuse Dems of using Social Security as a mere political tool, which absolutely isn’t the case. Democrats and progressives are committed to protecting an insurance program that has helped millions of Americans for over 70 years and was created when the stock market failed them. The plan for privatization hands the program back over to the entity that failed the people so many years ago — the stock market. Privatization is costly and is essentially gambling with your basic life insurance the government has helped provide you.

For more on why privatization is a bad idea and how other options work better for slight reforms, visit this archive and this archive of The American Prospect.

IA-01: Will Mike Whalen support Bush’s renewed effort to privatize Social Security?

Mike Whalen on Social Security (via a campaign site link):

“Social Security is the public housing of retirement land.”

Isn’t he just great?

So, President Bush has decided that he’s going to try and bring his privatization of Social Security effort back from the dead. We all know Bush is crazy and stupid, but I guess Karl Rove must still think this is a good idea. Why you might ask? Who the hell knows, maybe he just didn’t get the message the first time and needs us to give it again: Don’t Privatize Social Security. We know the truth, there is no crisis. You can follow my past reportage on Social Security here and here.

So, this brings me to today’s question reflected in the post title: Will Mike Whalen be the ardent supporter of privatization that he used to be?

Why used to be? Well, he’s now running for Congress instead of just running some Machine Sheds, some hotels and chairing a massively conservative thinktank. So, he’s got to be more coy with voters so he doesn’t get caught using the ‘P-word’ — PRIVATIZATION. Just look here at his site (which isn’t anything to be impressed with). Instead of writing out text on the issues, for the ones he has listed they’re videos of his positions. His video on Social Security is so vague he could’ve just save himself some hosting costs by simply saying “Social Security = good for old people but in trouble. Keep for future.” That’s the essence of what he’s saying, but even then, it isn’t what he’s said in the past and the emergency nature that he’s talked about it. But he does make sure to avoid providing any plans for what he’d like to change in the video — neglecting even mentioning privatization or the things called ‘personal retirement accounts.’

He used to be on the Board of Directors of the National Center for Policy Analysis — a conservative, excuse me free-market, think tank. He was even elected Policy Chairman. What is one of, if not the, biggest policy that the NCPA focuses on? Social Security, its crisis, and how we can privatize it. On April 28, 2005, Whalen debated Sen. Tom Harkin about the need for Social Security reform and announced his support for personal retirement accounts in the Sioux City Journal. You can find the original Journal column here, and the NCPA even has a PDF of the both articles from the debate here (The same column also appeared in the Quad-City Times and can be found here via the NCPA). Here’s what Whalen wrote:

“There is a better option: Let workers keep some of the payroll taxes they already pay, and let them voluntarily invest it in a personal retirement account. Over time, the balances in these accounts grow, offsetting part of what the government (i.e. future taxpayers) would otherwise have paid them at retirement. Gradually, we would replace our pay-as-you-go approach with a funded system, under which each generation pays its own way with personal accounts they own and control.”

So, as you can clearly see, he’s part of the pro-privatization lobby. Or at least he was. Now his position is slightly more awkward, nuanced, and generally unclear. Now that Bush has announced his intent for PRA’s or privatization or whatever you want to call it again, will Whalen support the President or keep his nuanced stance? I mean, he just had Karl Rove in campaigning for him and has Cheney on the way. He’s going to have to work hard to stay in line otherwise they might not come out for him anymore.

The task for First CD readers: Find out where Mike Whalen stands on President Bush’s renewed effort to privatize Social Security. Step two: Leave a comment here or use the contact form at the top of the page to let me know where Whalen stands.

Finally, if you want to know why privatization is such a bad idea, here are just a few of the reasons from Americans United, a new group dedicated to changing the status quo in the way we’re governed:

  • Privatization is a bad deal for American’s families and will weaken retirement security by imposing massive cuts in the guaranteed benefit that is a foundation for a secure retirement
  • Privatization will put our economy at risk by relying on trillions of dollars of new borrowing and debt, mostly held by China, Japan, and other foreign creditors, and imposed a huge new burden of taxes on your workers, their children, and grandchildren to finance this debt.
  • Privatization will weaken the long-term fiscal integrity of Social Security by diverting funds from the Social Security Trust Fund, at a time when we should be strengthening Social Security for the future.
  • Social Security is a fundamentally sound program that can be strengthened through common-sense, bipartisan approaches – not radical changes. The first step in assuring the strength of the program is to assure that the money Americans have paid in to Social Security is used for Social Security – but President Bush and the proponents of privatization won’t commit even to that.

You can read their full press release below the fold.
Continue reading ‘IA-01: Will Mike Whalen support Bush’s renewed effort to privatize Social Security?’

Bush tries to sneak Social Security privatization into the budget

I’m a bit late on this, but I think it is important to bring up. Last spring, when the Bush movement to privatize Social Security came out in full force, I was still focused primarily on national politics and was hammering away on the movement’s problems and apparent unpopularity. You can stroll through the archives and get a clear picture of my stance on Social Security and ‘reform’ (beware that I’m still updating old posts and giving them categories, so it might be a while before everything on SS is up).

Here’s what we get from Alan Sloan, business columnist for the Washington Post and Newsweek:

“If you read enough numbers, you never know what you’ll find. Take President Bush and private Social Security accounts.

Last year, even though Bush talked endlessly about the supposed joys of private accounts, he never proposed a specific plan to Congress and never put privatization costs in the budget. But this year, with no fanfare whatsoever, Bush stuck a big Social Security privatization plan in the federal budget proposal, which he sent to Congress on Monday.

His plan would let people set up private accounts starting in 2010 and would divert more than $700 billion of Social Security tax revenues to pay for them over the first seven years.”

That’s a pretty sly move — just about as bad as trying to hide budget files on OMB computers and not release the data on cutting veteran’s benefits when we’re facing what could become the biggest homecoming for American troops since the first Gulf War or prior. PSF has the details on the hidden files here.

Somebody better start calling Jim Nussle and find out his thoughts on this little budget mishap and the blatant insertion of a policy the people don’t like into a complicated and complex budget process which they don’t get.

And remember just how proud Democrats were and still are to have blocked Bush’s move to destroy and eliminate Social Security.

Adventures on the Battlelines of Iowa Politics

Chris requested that I share the following political tale with y’all, though in the interests of my pretend objectivity, I will attempt to make it as observational as possible. Here goes.

Last Friday, the Iowa Republican Party and Sen. Grassley sponsored an event on social security featuring William Shipman of the Cato Institute as speaker. In the interests of my political education, I went with a friend of mine in a position at the party to get these kinds of invitations. He is 18, I am 8 months shy of it and on a Friday night, we’re going to a social security event. Oh, and its snowing. I know, we’re real cool cats.

The event is at the Point of Grace church in Waukee. As you might imagine, an overtly political event at a church is the first source of my wariness. I would argue that God has little interest on either side of the debate, but hey, I’m just crazy like that. At any rate, the e-mail mentions the venue can seat about 900 people and those seats are avaliable on a first-come, first-serve basis. And my, did they ever speak too soon. My friend and I are perhaps two of about 30, and with the exception of a few Drake Republicans and a young couple in their mid-20s sitting beside me, the only two people not political candidates, their staffers or of an age to currently be on social security. Second little bit of warriness - - the elephants really haven’t hit the key demographic for the issue here.

So I am sitting in essentially the middle of this auditorium. Above and to my left is the very respectable former governor of this state Robert Ray and his wife. On the other side are state candidates for Secretaries of Agriculture and State with staffers. And on my immediate right is this young couple. As staffers were handing out literature, the husband said something to the effect of “Personal retirement accounts … that’s what we’re here for” as if the event was indeed designed to hand them out. Below me and to the far left was a cadre of college students, among them was a young lady I believe is Sarah Mayberry. There are times when I know I am the more politically conservative member of a group of people. There are times when the tables are turned. The latter are often far more obvious.

Shipman’s opening act is the rabelrouser of the Iowa 05 Steve King. I have, admittedly, very little experience with or opinion on the congressman, other than my elementary understanding of engineering from childhood toys which suggests a giant wall along a river is a bad idea. The major highlight of the Congressman’s speech was a physical copy of one of the many bonds the government issues itself to fund social security, one that was sitting in a file cabinet in West Virginia, apparently. He defers to Shipman as a “world expert”, as does everybody else in the room.

Shipman speaks. He is not, by any means, bad. However, he is speaking to an audience who all believe, including myself (yes, I know, I’m bracing myself for the comments) that the system is probably unsoluable and that some sort of reform somehow is necessary. The Cato package, I note, is decidedly different from the Bush package in that it calls for 5% of income in very diverse market funds of thousands of stocks and bonds administered by a supposedly independent broker. The problem here is that, outside of an audience which has made up its mind, the arguments would never fly. The social security debate has been dominated by two sides throwing numbers at each other, and that’s why the public never caught onto it. Shipman doesn’t feel the need to extend that bridge to the public, doesn’t seem to even want to argue outside of the economics, and completely blows off my question. About an hour and a half later, my friend and I walk out.

Here’s the kicker, and anybody involved in party politics better listen right here: I never got the sales pitch. In a very small audience of people, when it was obvious I had an above average interest in politics (it’s Friday night, after all), I was only handed one flyer: for a $50/plate fundraising dinner featuring Steve Forbes. No petitions, no forms for more information on the party, no conversations with either one of the candidates in the room, nothing. Its as if the party didn’t want to aknowledge that 18-year-olds exist. It will be hard for me, sitting in DC filling out my absentee ballot in late October without previous voting affiliation, to forget how the party essentially ignored me. A clear opportunity to get the young energy they need, and they failed. The event was little more than backpatting for party operatives.

On the way home, I wonder why no high school student groups and only a few college students bothered to show up, when the issue of social security is supposed to be most critical to the young. I wonder why the only politician, big or small, to come through my high school in the last four years was Dennis Kucinich. And I wonder if either party in its current form can exist forty years from now with this kind of non-strategy.

Score one for Democrats

Thanks to Atrios for reminding us that we won one.

Linkfest thread

I’m too tired from packing and being pissed off at the overall state of domestic political affairs to do anymore substantive writing for tonight. So consider this an open thread to discuss any of the links I provide below:

***Wankers at PowerLine indulge “so-called Liberal media” by creating a new aggregate site full of their links
***Chemical stash found in Iraq. Atrios wonders how long until the wingnuts bite. Not long, as evidenced by Cap’n Ed the blubbering fool and Assrocket at PowerLine. CNN tells us that its standard chemicals used in industry, so it wouldn’t be anything difficult for the insurgency to get their hands on. Oh, and contrary to what Cap’n Ed thinks, the title of his post is pretty misleading (and why in the hell would anyone pay for him to speak? It looks like the Skipper ate Gilligan and became a conservative blogger!)
***Social Security turns 70! Here’s to many more birthday’s for this great program!
***Frank Rich amazes me with another brilliant op-ed entitled “Someone Tell the President the War is Over.”

Enjoy!

A bad, bad deal

The cover story of this week’s TNR seems like it might be an interesting read. It’s called “The New New Deal” by Niall Ferguson and Laurence J. Kotlikoff. Suffice it to say, it was shit. It was horrible. Down right terrible. I understand why people call TNR a liberal magazine, traditionally it has been. Let’s just say the last 10 years or so have been pretty bad for it. I mean, sure they still have some good writers (Ryan Lizza, Noam Scheiber, John B. Judis, etc.) but with Martin Peretz as editor-in-chief and Peter Beinart as its current editor (preceeded by one Andrew Sullivan!) and other guys, its just gone downhill fast. Peretz has this insane fascination with Israel, as if its some kind of God-send, and has even referred to the Palestinians as a child-like group of people.

So, let me just link to resounding defeats of the ideas offered in the cover story from Kevin Drum and Matthew Yglesias.

Round 2 is gearing up

It seems that the RNC is still hell bent on getting some kind of Social Security action passed in Congress this term before they have to start running in the 2006 midterm elections.

Unless they can get this passed, it looks to be a miserable year campaigning-wise for Washington Republicans when they get back to their districts. Josh fills us in on the new RNC email sent out today. Maybe that’ll help them boost their polling numbers because they’re still operating under the crisis mentality that really isn’t there. I sure hope that There Is No Crisis comes back soon, BlogPAC really needs to bring them back.

The Des Moines Register just released an article quoting Chuck Grassley admitting that private accounts were a “short-term fix” but that it was still necessary. Someone please find me the logic in that statement.

But that’s not all Grassley was saying. He said that support among Senate Republicans was sketchy or timid at best. And then this from The Register:

“Grassley personally supports creation of the accounts along with a plan to solve the Social Security shortfall. But he said that as he works with committee Republicans, “I can say we’re doing very good on solvency but not very good on personal accounts.”

He said he might put forth a proposal as early as today if he can get dollar estimates on it and coax committee members into an agreement. Grassley did not offer details but has in the past seemed open to slowing the growth of benefits for wealthy and middle-class workers and has said that raising the retirement age must be a part of any package.”

So, the ball is still rolling–and getting much faster.

I’m contacting Rep. Boswell (my Congressman) in a few minutes to see where he stands on the issue in the House. You all should contact your reps as well and then communicate where they stand to Josh Marshall.

Should new legislative proposals begin to emerge, Democrats must be ready to yield no ground and to fight back. Pathetic politics should not be the strategy in this game.


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