Letter: Don't let Wall Street take gamble with Social Security


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Originally Posted Online: Nov. 01, 2012, 3:05 pm
Last Updated: Nov. 04, 2012, 10:21 am
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Mitt Romney and Congressmen Bobby Schilling want to privatize Social Security, which would be yet another handout to Wall Street, one that would put workers and retirees at great risk. This idea would create individual Social Security accounts managed by big Wall Street firms.

With all the chaos and greed in the stock market in recent years, I think this would be a terrible gamble for workers and retirees who need a solid secure pot of savings they can count on.

Almost every day you hear about some financial scandal or some wild fluctuation in the stock market. That is fine if you are a big gambler, but for the rest of us, keep our Social Security as far away from this as possible. Workers and retirees in Illinois need elected officials who care more about people here on Main Street than their campaign donors on Wall Street.

Samuel Vasquez,
Moline

















 




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