Political Quotes

“in discussing the collapse of his retirement plan and pension plan, United Airlines pilot Klaus Meyer said, ``I call it legalized crime. I lost almost all my United stock value in the bankruptcy, and another part of the retirement I was promised is gone. And now my Social Security is at risk. Where does it all end?'' Mr. Meyer's statement is a stark reminder of what is at stake as we continue to debate the future of Social Security. The sad fact is that for many Americans retirements are less, not more, secure and any debate about Social Security should be about how to secure its future rather than make it more risky. In fact, the head of the GAO announced that the President's plan would in fact exacerbate the financial stability of Social Security, rather than strengthen it. The whole task is to do two things: strengthen Social Security for future generations and help Americans save for their retirement. Make no mistake, Social Security and the debate about retirement is key to the future of Americans' retirements. For United Airlines employees, and the steel industry that came before the airline industry, and probably the auto industry that will come after them, Social Security is the linchpin of their retirement security. {time} 1745 Our task before us is how to strengthen both aspects as Americans plan to retire and save for their retirement.…”