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Why AARP supported Medicare bill(LTTE-but in it AARP caves on SS priv acts

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-12-03 04:02 PM
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Why AARP supported Medicare bill(LTTE-but in it AARP caves on SS priv acts
http://www.boston.com/news/globe/editorial_opinion/letters/articles/2003/12/12/why_aarp_supported_medicare_bill/

Why AARP supported Medicare bill
12/12/2003
IN RESPONSE to "AARP backing of drug bill takes toll on reputation" by Stephen Glain (Page A1, Dec. 8), AARP supported the Medicare prescription drug legislation for one reason alone: <snip>

While Glain's article is fraught with misinformation about our support for this legislation, we take particular exception to his statement regarding Social Security. AARP is opposed to any efforts to use Social Security funds to establish individual accounts. Older Americans count on Social Security's rock-solid, guaranteed benefits, and we will continue the fight to build, strengthen, and protect those benefits.

We strongly encourage people to save money for retirement and have nothing against individual accounts so long as they are in addition to Social Security, not carved out from it. Today, one out of three older Americans relies on Social Security as his or her only source of income, and carving out a portion of it for private accounts could be devastating.<snip>

WILLIAM D. NOVELLI
Chief executive officer
AARP
Washington
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velocity Donating Member (144 posts) Send PM | Profile | Ignore Fri Dec-12-03 04:09 PM
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1. What is his excuse for backing
$$$ limits on suits against nursing homes in Florida...... grrrrr
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wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-12-03 04:15 PM
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2. "The British government has learned..."
You were saying?
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Don_G Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-12-03 04:28 PM
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3. The Misinformation Comes From The PNAC
At my age, I can expect to recieve what I get. Older people get abuout 75K more than they've paid into it and the adults just graduating can expect to pay 235K more into the system than they will recieve...UNDER THE CURRENT SYSTEM.

Novelli is both an Insurance Agent and a Claims Adjuster, screwing everyone to make a fast buck. Strange how the AARP makes as much, if not more, from the Insurance arm of his business....
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