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Saginaw says no to privatization

SAGINAW, Mich. — Eric Friedman walked into a hornet’s nest. The district director for Michigan Republican Congressman Dave Camp was taken aback by the wrath of angry constituents. Calling President Bush’s claim that Social Security is bankrupt “a lie,” they demanded that Camp work to raise the cap on payroll taxes so upper-income people pay their fair share into the Social Security fund.

Philadelphians move to defeat privatization scheme

The PWW recently talked with Pedro Rodriguez, executive director of the Philadelphia branch of the Action Alliance of Senior Citizens. Rodriguez is also executive vice president of the state Alliance for Retired Americans. In these roles, he is currently busy organizing a regional Coalition to Defend Social Security. Ben Sears interviewed Rodriguez for the PWW.

African Americans and Social Security

Social Security plays an exceptionally important role in the economic life of African Americans: Social Security is the main source of retirement income for most elderly African Americans, and the only source for 40 percent.

Social Security and Calif. pensions facing very similar threats

As California labor and community organizations mobilize to uphold Social Security, they are seeing a related development in the concerted drive by Gov. Arnold Schwarzenegger to privatize new state workers’ pensions and eliminate state contributions to teachers’ retirement.

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Upholding Social Security: Labor targets Schwab

SAN FRANCISCO — The labor movement and community organizations took on the financial institutions backing Social Security privatization as they held noontime demonstrations Jan. 26 in San Francisco and Boston to protest Charles Schwab and Co.’s leading role in trying to open up the system to Wall Street.

Devil in the details

President Bush’s pitch to workers, especially young workers, that privatization will make you rich is a Wall Street swindle. A detailed analysis of the most likely Bush administration proposals for Social Security included in the Goldman Sachs Global Economic Research Bulletin for Dec. 17 shows the Bush program to be a fraud — but a clever fraud.

Progressive Democrats map strategy

WASHINGTON — Despite a raging blizzard and the shadow of the Bush inauguration, more than 500 activists turned out for a summit to help craft a strategy of taking back the country from the ultraright. Organized by the Progressive Democrats of America (PDA), the meeting also had a goal of reinvigorating the progressive movement both inside and outside the Democratic Party.

Californians vow fight vs. pension privatization

Labor, retiree and community organizations in California are kicking off a campaign to uphold Social Security against the drive of President Bush and Wall Street to privatize the 70-year-old program serving retirees, the disabled, and families of deceased workers. At the same time, they are gearing up to defeat Gov. Arnold Schwarzenegger’s campaign to privatize the pensions of California state employees.

A national crisis needs a national solution

OPINION In “Health care: beyond markets” PWW Dec. 18-24, George Silver nailed the disaster that market-driven health care has brought to our nation. He rightly condemned the “architecture of profitability,” decrying the profits and immunity from regulation that have brought industrial giants into health care. He pointed out that preventive investments are almost nonexistent.

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