Ben Quayle Will Privatize Social Security

Ben Quayle has shown he sides with the special interests funding his campaign and not with interests of voters in District 3. Quayle called to privatize Social Security while a guest on Fox Business Channel interview.

Quayle's largest sector of campaign donors comes from the securities and investments industry, which have donated $161,500 to his campaign as of Aug. 4.A 2004 analysis done by the Securities Industry Association, a front group for Wall Street banks, showed that private accounts in Social Security would generate between $39 billion and $279 billion in profits for Wall Street through fees on the management of the accounts.

"I pledge to never privatize Social Security and that is a promise Ben Quayle can't make," said Democratic challenger Jon Hulburd. "We've seen the mess that happened when Wall Street meddled with the housing market and I won't allow that to happen to the retirement savings that Americans have worked so hard to earn."

See full release: http://www.hulburdforcongress.com/press_releases/2010-10-ben-quayle-risks-soc...

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[xoxak888]

US have to face reality because we ran out of choice. US can no longer live in million dollar house, fancy yacht and private airplane. It is not only we are broke. We are worse than that. We have huge debt. Those welfare programs including, social security, medicare, medicaid , public employee pension, union are no longer affordable under current financial condition. No more medicare, medicaid, ss, pensions, unions. Then, we can revive this nation. Otherwise, we are doomed.

[jdgrab1]

Neocon puppet. Not bright, just well-connected.

[MiHiVidz]

Threaten to destroy Social Security all you want, Taterhead Jr., but the GOP failed to win the Senate. Two out of the 3 branches of government remain Democratic.

Propose all the craaaaaaazy bills you want out of the House you cretins, but the Senate is where Congressional bills go to die (didn't you ever watch that classic "Schoolhouse Rock" cartoon?).

And, the more you make asses of yourselves on C-SPAN, the more likely you'll help Obama win in 2012.

[syron13]

I agree with what he just said. No matter how you just broke it up. Life expectancy has gone up a lot since Social Security was first started. It was never meant to be a for sure retirement fund. I would love to have some of the money they are taking from me for Social Security to invest in the private sector. Private sector does not equal Wall Street.