Criticism #2

In my opinion, one of the biggest news stories other than Tim Russert's death, is McCain's thoughts on social security. McCain's goal is to have private accounts for Social Security, if he wins the election. Did he not learn his lesson from Bush? There are so many problems that come about with private accounts. This website brings up some very valid reasons why private accounts dont work. Some of the examples include, "Reason #7: Wall Street would reap windfalls from your taxes." and "Reason #11: African Americans and Latin Americans also would become more vulnerable under privatization." Allan Sloan also brings up a good point in this article, "Last year, even though Bush talked endlessly about the supposed joys of private accounts, he never proposed a specific plan to Congress and never put privatization costs in the budget". I'm also extremely annoyed how the Republicans will say something and then deny it. On the other hand, Obama has supported Social Security the whole time. So many elders depend on the Social Security for their income, that taking it away or changing it would be a terrible idea. Now days you have to be really careful when we support certain politicians, because some are notorious for going back on their words.