John McCain Still Wants to Privatize Social Security

And here’s why it’s not such a good idea:

McCain Voted for Bush’s 2006 Social Security Privatization Plan. In 2006, McCain voted for the Social Security Reserve Fund. The proposal would shift Social Security’s annual surpluses into a reserve account that would be converted into risky private accounts. [SCR 83, Vote #68, 3/16/06; SCR 83, Vote #68, 3/16/06]

In 2000 McCain Wanted to Divert Social Security Money to Private Accounts. The Wall Street Journal reported that “[a] centerpiece of a McCain presidential bid in 2000 was a plan to divert a portion of Social Security payroll taxes to fund private accounts, much as President Bush proposed unsuccessfully.” The plan would put workers’ retirement money into the risky market and reduce the amount of Social Security payments they would receive from the government. The plan would undermine the Social Security system. [Wall Street Journal, 3/3/08]

McCain STILL Proposes Privatizing Social Security—Despite What His Website Says. McCain told the Wall Street Journal he still backs a system of private retirement accounts that he supported in 2000 and President Bush pushed unsuccessfully. The Journal reported he “disowned” details of a proposal on his 2008 campaign website that says he would “supplement” the existing Social Security system with personally managed accounts. But when asked about the position change he denied it and promised to change the website to reflect his true position. “I’m totally in favor of personal savings accounts… As part of Social Security reform, I believe that private savings accounts are a part of it—along the lines that President Bush proposed,” McCain told the Journal.[Wall Street Journal, 3/3/08; Campaign Website, accessed 3/3/08]

From AFLCIO.

MSNBC Finally Fact Checks Sarah Palin

It’s about time.

This comes a mere 24 Hours after CNN Issues similar condemnation:

The Latest McCain Fear-Mongering Ad

With Looming Shadows, Babies… and, yes, Taxes!

FactCheck.Org Tears Ad Apart

* It falsely claims he would tax home heating oil. Actually, Obama proposed a rebate of up to $1,000 per family to defray increased heating oil costs, funded by what he calls a windfall profits tax on oil companies.

* The ad claims that Obama will tax “life savings.” In fact, he would increase capital gains and dividends taxes only for couples earning more than $250,000 per year, or singles making $200,000. For the rest, taxes on investments would remain unchanged.

The McCain campaign argues in its documentation for this ad that, whatever Obama says he would do, he will eventually be forced to break his promise and raise taxes more broadly to pay for his promised spending programs. That’s an opinion they are certainly entitled to express, and to argue for. But their ad doesn’t do that. Instead, it simply presents the McCain camp’s opinion as a fact, and it fails to alert viewers that its claims are based on what the campaign thinks might happen in the future.

“… in a Palin & McCain Administration”

Palin self-nominates for President of the United States:

McCain/Palin or Palin/McCain

Palin is upstaging McCain more and more;

NYTimes:

After Alaska Governor Sarah Palin, his running-mate, riveted the overflow crowd at an airplane hanger here for 16 minutes, it was McCain’s turn, and people in his audience began murmuring and drifting away midway through a 14-minute speech that was flat and cheerless. When McCain made his first appearance without Palin, on Monday morning in Jacksonville, he faced an arena that was one-quarter full.

John McCain Suggests Spain is Enemy of United States

Interviewer is Flabbergasted that McCain Won’t Meet with Prime Minister of Spain

“I’m talking about the president of Spain,” she noted.

Given this fourth opportunity to extend an olive branch, McCain stuck to his guns: “I’m willing to meet with any leader who is dedicated to the same principles and philosophy that we are for human rights, democracy and freedom and I will stand up to those who are not.”

Politico on McCain this morning:

In comments that have caused a kerfuffle in Spain, McCain seemed to lump Spanish Prime Minister Jose Luis Zapatero in the same category as the anti-American leaders of Venezuela, Bolivia and Cuba. McCain’s remarks came during in an English-language interview with Radio Caracol WSUA 1260AM in Miami, part of the Spanish-language radio group Union Radio, conducted Tuesday.

President Bush has never forgiven Zapatero for pulling troops out of Iraq shortly after his victory in 2004. Though the Spanish prime minister has tried repeatedly to rebuild relations and win an invitation to visit Washington, Bush has yet to hold a formal bilateral meeting with him.

Meanwhile…

SUSA’s latest poll has Obama up 52-44 in New Mexico and…

Hispanics
McCain 28
Obama 69

Palin Can’t Explain her Lack of Foreign Policy Experience

Palin Repeats Stock Answer to Specific Foreign Policy Question

Does not Provide Examples when Given Opportunity in Town Hall

‘Stump the candidate never happened…John McCain Stepped in to defend her record’

This on the Heels of a statement by R-Nebraska Chuck Hagel:


Palin Honeymoon Wanes

Politics - News, Opinion and Analysis from CNN.com

CNN: Palin appears to be losing some of her initial appeal as Democrats make gains in the polls.

Palin’s favorable rating is at 40 percent, according to a CBS News/New York Times poll. That’s down 4 points from last week. Her unfavorable rating is at 30 percent, rising eight points in a week.

The poll was conducted September 12-16 and has a sampling error of plus or minus three percentage points.

Former Bush adviser Karl Rove predicted Wednesday that Palin’s star power would wear off.

“Nothing lasts for 60-some-odd days,” Rove told The Associated Press. “Will she be the center of attention in the remaining 48 days? No, but she came on in a very powerful way and has given a sense of urgency to the McCain campaign that’s pretty remarkable.”

But this week, the Democrats recaptured the headlines and Obama regained his lead in the national polls.

CNN’s latest poll of polls, out Thursday afternoon, shows him ahead of McCain by two points, 47-44 percent.

John McCain has been all over the map recently, especially when it comes to the economic crisis that’s been hammering Wall Street. He also managed to make some interesting – or rather, bizarre – remarks about Spain on Wednesday. See more articles below on McCain’s actions over the last few weeks.