Shaun Kenney | Politics and Religion in Virginia's Public Square


Thursday, January 20, 2005 You're too stupid to manage your own money Ferraro reveals the real reason behind Democrats' resistance to Social Security reform Courtesy of Larry Elder: Now, Americans possess the ability to make the money. Ferraro's comments parallel the Americans-are-too-stupid theme embraced by former President Bill Clinton. Speaking in 1999 about the $70 billion budget surplus, Clinton said, 'We could give it all back to you and hope you spend it right. . . . Do you really want to run the risk of squandering this surplus?' Congress never intended for Social Security to grow into something on which people solely relied for their retirement. Even its patriarch, Franklin Delano Roosevelt, said, 'We shall make the most lasting progress if we recognize that Social Security can furnish only a base upon which each one of our citizens may build his individual security through his own individual efforts.' But decade after decade, both Republicans and Democrats kept adding to the program, making it increasingly more generous, much to the delight of the ever-motivated older voter." Geraldine Ferraro's actual quote was, "if you don't have the knowledge and the wherewithal to manage your own private funds, well, you know, you're gonna be out of luck." Now is that a harmless quote taken out of context? I don't think so. This is the same mentality expressed by Hillary Clinton in San Francisco some months earlier, and it's sad to see this idea that we - as Americans - are not intelligent enough to save for our own future, or worse yet the goverment should be doing this on our behalf. There's a variety of names for this. Socialism, nannyism, intellectual snobbery - you name it. Ferraro's comments speak for themselves. posted by Shaun Kenney \| 1/20/2005 11:05:00 AM \| 0 comments 0 Comments: Post a Comment Home
	RedStormPAC $ JEFFERSONIAD POLL: Whom do you support for Virginia Attorney General? 1) John Brownlee 2) Ken Cuccinelli View Results About ShaunKenney.com is one of Virginia's oldest political blogs, focusing on the role of religion and politics in public life. Shaun Kenney, 30, lives in Fluvanna County, Virginia. Contact E-mail RSS/Atom Feed The Jeffersoniad Archives March 2002 April 2002 May 2002 June 2002 July 2002 August 2002 September 2002 October 2002 November 2002 December 2002 January 2003 February 2003 March 2003 April 2003 May 2003 June 2003 July 2003 August 2003 September 2003 October 2003 November 2003 December 2003 January 2004 February 2004 March 2004 April 2004 May 2004 June 2004 July 2004 August 2004 September 2004 October 2004 November 2004 December 2004 January 2005 February 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 April 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009