Chicagoans Protest Bush Social Security Plan

[struggle4progress]

Mar 31, 2005 4:41 pm US/Central

CHICAGO (CBS 2) A Social Security showdown brought hundreds of angry Chicagoans to the Loop today to send a message to President Bush. The group calls the President's plan, which involves the stock market, risky. Most Americans agree Social Security needs to be fixed, but as CBS 2's Dorothy Tucker found out, agreeing on how to do it is not that simple.

Retirees joined the young and labor activists to protest outside of Charles Schwab. The brokerage company was a target because corporations like this one are part of the president's plan to privatize Social Security.

Chicago Federation of Labor President Dennis Gannon says, “Bush, you may be president, but we still have a voice. Our voice is telling us we don't want a system that's privatized.” <snip>

Congresswoman Jan Schaknowsky is among the democrats leading the fight against privitizing Social Security. She spoke as a politician and as private citizen. “When I was invested in 2000, I lost money,” she says. “ what we're talking about.”

http://cbs2chicago.com/topstories/local_story_090174353.html