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.
Today is Thursday, April 17, the 107th day of 2014. There are 258 days left in the year.
1864 -- 150 years ago: Journeymen shoemakers of Rock Island struck for higher wages yesterday morning, asking 25 percent increases. Employers have acceded to their demand. 1889 -- 125 years ago: Lighting struck wires of the Merchants Electric Light Co. during a furious storm, and many Rock Island business houses were compelled to resort to gas as a means of illumination. 1914 -- 100 years ago: Members of the First Church of Christ, Scientist, decided to erect a new edifice at a cost of about $60,000. 1939 -- 75 years ago: Willard Anderson, junior forward for the Augustana College basketball team, which won 17 out of 22 contests, was elected captain of the quintet. 1964 -- 50 years ago: John Hoffman, Moline, president of the Sac-Fox Council of Boy Scouts, will be honored for his 50 years in scouting by members of the council at a dinner Thursday evening. 1989 -- 25 years ago: The Quad-Cities has what is believed to be the area's first elite-class gymnast. It's the stuff upon which Olympic competitors are made. Tiffany Chapman, of Rock Island, not only has earned the highest possible gymnast ranking, she won the honor at age 11.