JEB BRADLEY: STANDING WITH GEORGE BUSH
ON SOCIAL SECURITY
(MANCHESTER) Today, Social Security expert Steve Gorin and New Hampshire State Senator Lou D'Allesandro highlighted Jeb Bradley's record of standing with George Bush on Social Security privatization, and discussed the dire consequences of investing social security funds in a volatile stock market.
When he first ran for Congress, Jeb Bradley said that he opposed privatizing social security. But he abandoned that opposition to privatizing Social Security when George Bush told him to. [AP, 2/18/05]
In the wake of recent financial turmoil, even the Wall Street Journal is asking what happens if the market is down when it comes time to retire, and workers have invested their social security taxes in the stock market. [WSJ, 9/22/08]
"Jeb Bradley has had every opportunity to speak out against personal accounts and investing into a risky market, and he has failed to do so every time," said State Senator Lou D'Allesandro (D-Manchester). "The question is this: Where is Bradley today? And where was he when the privatization discussions were taking place? In politics we know that the record is what speaks loudest."
Steve Gorin of Canterbury was a delegate to both the 1995 and 2005 White House Conferences and Aging, and was also a delegate to the only White House Conference on Social Security.
"Social Security is the only leg that a lot of seniors have to stand on when it comes to retirement," said Gorin, Ph.D, MSW. "Officials in the highest level of government are saying that we face the equivalent of a financial meltdown. Do we really want to trust the well-being of our children and grandchildren to the market?"
"Every political figure has to be prepared, in a forthright and very specific way, to state where they stand on social security and the creation of private accounts," continued Gorin. "We can't allow people to dodge that question. Carol Shea-Porter is very clearly against privatization. Where does Jeb Bradley stand?"
There are currently 225,250 Social Security beneficiaries in New Hampshire, and 11.5% of the New Hampshire First Congressional District is over 65 years old -- over 76,000 seniors.
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