Political Quotes

On the recordApril 14, 1994
I spoke during the past session on some very deep concerns that I have had regarding the AARP, the American Association of Retired Persons. As I stated, the AARP is one enormously influential organization in our society. I wanted to make all persons, especially AARP members themselves, aware of just what kind of organization AARP actually is. I did that. It was rather politically harrowing, I might add, telling that they have in their coffers $37 million listed as ``yield'' on their investments, which would make one wonder that the principal must be quite tight if you have a $37 million yield; the fact that they receive 3 percent of the premium from every single policy they place with Prudential Life Insurance, or RV insurance, or any other insurance that they have; the fact that they are 33 million strong paying $8. All you have to do is be 50 years old and regardless of your net worth or your income, you are joined together in a common bond with those who love airline discounts, automobile discounts, hotel discounts, and free VISA cards. And that is the AARP. They do good things, and they do things which in my mind are not so good, such as killing off the balanced budget amendment which was worked on so diligently by our colleague from Illinois, our colleague in the chair, sharing her Senate tenure with that remarkable friend of ours, Senator Paul Simon, who worked doggedly on that issue.
Said by
Alan Simpson
Wyoming

Editor's note · Context

Discussing concerns about the AARP and its influence on policy.

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