Political Quotes

“this evening, as American families settle in, and many workers have turned in, the American people will go to bed hoping that this Congress has the intention and the fortitude to stand up and to protect the people's right to a secure retirement. There is a great skepticism across this land about the plans to privatize Social Security. Social Security, when it was created in 1934, was created as an insurance program. It was not an investment program; it was an insurance program which would ensure against people being too old to work, an insurance program which would ensure against being injured on the job and not being able to work again, an insurance program which would ensure that if a family lost a bread winner to a tragedy, that the family would still have an ability to survive and that the children would have benefits covered until their late teens. Social Security has been the most successful social program that this country has ever seen. Now, why was it created? We have to go back to the time of the Depression, a time when this country saw the New York Stock Exchange lose over 80 percent of its value in a period of about 4 years. That people lost their homes, they lost their farms, factories were closed, people lost their jobs, they lost their pensions. People were basically stripped bear with the curse of nothingness. One out of four Americans was without a job. There were hundreds of thousands of children who did not have a place.…”