Help! I want to write a LTTE about SS and need some facts

[WLKjr]

I want to write a LTTE about SS and have a good idea about what I want to say. I need some facts from good sources to use as references. Can anyone help? I need non-biased, factual information.

Thanks for the help.

[ultraist]

1. Not sure if this helps but I found it to be interesting!

KUCINICH UNCOVERS NEW FRAUD IN SOCIAL SECURITY PLAN
http://dc.indymedia.org/newswire/display/117436/index.php

DC INDYMEDIA - Congressman Dennis J. Kucinich (D-OH) today brought forth a new case against the Administration's so-called Social Security reform plan by exposing the precipitous drop in future retiree benefits implicit in the Administration plan to switch from wage indexing to price indexing. In a speech this morning on the House floor, Kucinich said:

"Social Security benefits have increased over the years because they
long have been calculated to wage increases, which on the average go up 3.6% a year. So Social Security benefits increase with rising wages. The Administration wants to change all that. They want to index Social Security benefits based on a price index, not wages.

"As a result, millions of future retirees will see their future Social Security benefits reduced as much as 40%. Because prices do not increase as fast as wages. "Let me give you an example. If you began working in 1959 and retired in 2003, at age 65, under wage indexing, your benefits rise with rising wages, you would get $1158 a month. Under price indexing, your benefits would be frozen, you would get only $701 a month. So it would be a 40% cut in benefits with price indexing, and a person would lose $100,000 in retirement benefits over a lifetime.

"Why the switch to price indexing? Because, the privatization of Social Security will create an additional budget shortfall. The Administration is going to have to borrow money to set up private accounts. The shortfall is going to be for 45 years, and the Administration is going ..." CON'T

www.moveon.org has some info on Social Security

[CountAllVotes]

3. wow, great info. from Dennis Kucinich ...

the man that should have been the next President of the United States - an honest man! :loveya: DK!!!

:kick:

[papau]

2. Seniors & Aging area of DU has many threads with facts you could use

:-)

[WLKjr]

4. thank you much!

I am going to pound out a letter soon. Last one I did got published, this one will too!