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Oxley Delivers Social Security Speech

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ohtransplant Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-05 06:57 PM
Original message
Oxley Delivers Social Security Speech
Today, House Financial Services Committee Chairman Michael G. Oxley (OH)delivered the following speech on Social Security, entitled “Nothing to Fear: Owning Retirement Security,” inaugurating The Ripon Society’s “Bully Pulpit” lecture series.

<snip>

"I’m disturbed by the politics being played by those who say there’s no difference between disciplined investing and spinning the roulette wheel."

One of my favorites - The gall is unbelievable!

<snip>

"In fact, let’s contrast how comparable investments in Enron, WorldCom and the S&P 500 would have fared."

<snip>

"In my view, the greatest risk we run with Social Security is doing nothing. That guarantees a 20- to 30-percent cut in benefits for today’s younger workers. No wonder there have been polls showing young people have a greater belief in UFOs than in a Social Security check being there for them. Unless you plan to win them back by having Martians sign their benefit checks, you need to give them a reason to support the program."

This guy hits all the talking points and ends with this shot at the Boston Red Sox (Kerry?)

<snip>

"But you know, when I went to the White House to meet with the President, the Boston Red Sox were there being honored: Curt Schilling and Jason Veritek and Johnny Damon and all their teammates who made baseball so magic last fall. The ones who after 86 years ended the legendary Curse of the Bambino. Watching them, I started to feel better about getting Social Security done. Because if the Boston Red Sox can win the World Series, nothing is impossible anymore."


Check out the whole speech here.

http://financialservices.house.gov/media/pdf/mgo%20ss%2...
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-05 07:03 PM
Response to Original message
1. Boy, that really makes me want to run out and invest my future retirement
Edited on Tue Mar-08-05 07:04 PM by cornermouse
funds in the stock market. NOT.

Because if the Boston Red Sox can win the World Series, nothing is impossible anymore."
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ohtransplant Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-08-05 10:46 PM
Response to Reply #1
2. Who knows
what they'll propose if the Cubs win it this year.
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WLKjr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-05 08:52 PM
Response to Reply #1
3. Just take a look at that man for just a second
and look at who bankrolls his campaigns.

Then you will recieve total enlightenment :D!
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ohtransplant Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-05 04:46 PM
Response to Reply #3
4. That's what is amazing to me
This is another pug who needs to be defeated. What's wrong with people electing these bizarro "leaders"?

I don't expect the pugs to give up on SS. These guys just need to be exposed to those who don't pay attention. Therein lies the rub... I just don't know the cure for apathy.
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