Obama's Social Security Lie...

[posty 2,492]

He tells Social Security recipients their money would now be in the stock market under McCain's plan. False.

 

Summary

In Daytona Beach, Obama said that "if my opponent had his way, the millions of Floridians who rely on it would've had their Social Security tied up in the stock market this week." He referred to "elderly women" at risk of poverty, and said families would be scrambling to support "grandmothers and grandfathers."

 

That's not true. The plan proposed by President Bush and supported by McCain in 2005 would not have allowed anyone born before 1950 to invest any part of their Social Security taxes in private accounts. All current retirees would be covered by the same benefits they are now.

 

Obama would have been correct to say that many workers under age 58 would have had some portion of their Social Security benefits affected by the current market turmoil – if they had chosen to participate. And market drops would be a worry for those who retire in future decades. But current retirees would not have been affected.

 

Analysis

In our "Scaring Seniors" article posted Sept. 19 we took apart a claim in an Obama-Biden ad that McCain somehow supported a 50 percent cut in Social Security benefits, which is simply false. Then, on Saturday Sept. 20, Sen. Barack Obama personally fed senior citizens another whopper, this one a highly distorted claim about the private Social Security accounts that McCain supports.

 

For the rest of the article...

[Recliner Pilot 61]

Did you really expect The Clown to tell the truth about something?

 

lmao.

[posty 2,492]

Did you really expect The Clown to tell the truth about something?

 

lmao.

 

No, but we do need to keep this out there so the Obama fans know the truth about their Messiah...

[Uh-huh 0]

Did you really expect The Clown to tell the truth about something?

 

lmao.

I see a year has not improved you. You continue to be the same clueless assdart you were before.