Steve Cohen: “Social Security is 75 years old. It came about because of Franklin Roosevelt, a great Democratic President, and a…”

“Social Security is 75 years old. It came about because of Franklin Roosevelt, a great Democratic President, and a Democratic Congress, evolving out of a Depression caused by Republican Herbert Hoover. And now 75 years later, we look at the situation where another Republican President, a Hoover George Bush, caused us the next worst financial crisis. Republicans talk about privatizing Social Security. Social Security is money that needs to be there to preserve people's standards of living when Republicans who let the economy get out of hand because they don't have any regulations let it happen. This is the most foolish thought I've ever seen, if we didn't learn from September of 2008 that the market is a gamble and comes up and down. It's not social security; it's social insecurity. People have gotten up here and said, You haven't noticed that Bush is gone? That's all they can say is Bush is gone. Nobody can defend him, rated the second worst President in the history of the United States. A man who earned record deficits by giving tax breaks to millionaires and billionaires and fighting a war based on lies to raise great deficits, and now all they can say is he's gone. Thank God he's gone.”