A Quote by Arthur Hertzberg
The Roosevelt enactment of Social Security was a moral revolution in our country: We were assured that we would never reach the very depths of poverty. And to be told, that we are now going to gamble it, on Wall Street, is nonsense!
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Right now, with terrorism and poverty and Wall Street and Social Security having problems, nudity should not be the issue.
First of all, the Social Security money belongs to Main Street, not to Wall Street. It needs to be said very clearly here that privatization is off the table... Social Security, as a matter of fact, is a better investment now than the stock market. There's a higher return. There's guaranteed cost-of-living increases. Privatization you have to worry about the value of your account.
We must uphold the promise of Roosevelt, Truman, Kennedy, Johnson, Carter, and Clinton and never allow the President and his Republican friends to threaten Social Security by putting it on the Wall Street trading block.
President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the country's retirement needs, Social Security would need to be supplemented by personal savings accounts.
Washington told Wall Street, 'We're going to let y'all regulate yourselves.' The Republicans were in charge. They never said a word.
The majority of Latinos in this country are 28 years old or younger. All of those people out there attacking the Latino community, when you see a Latino going down the street with a baby carriage and a couple of children walking beside them, they should say 'Hey, there goes my social security and my Medicare.' Those are the people that are going to contribute to keep our social security system funded and our medical system funded.
Wall Street owns the country. It is no longer a government of the people, for the people and by the people, but a government for Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master…Let the bloodhounds of money who have dogged us thus far beware.
Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
The day knowledge was preferred to wisdom and mere usefulness to beauty. . . . Only a moral revolution -- not a social or a political revolution -- only a moral revolution would lead man back to his lost truth.
After World War II the Republicans - the Wall Street crowd - were very worried about a depression coming back. They hated Franklin Roosevelt in that crowd, my father among them. And there was a great fear in '46 that we'd fall back into the pits. And they always wanted to break up the Roosevelt legislation.
It has to have a payroll tax that's dedicated to Social Security. The Social Security tax has been very successful over the years in raising almost all of our elderly citizens out of poverty.
If we didn't have Social Security, our seniors would live mostly in poverty. You'd have another 18 million people in poverty.
I heard governor Romney here called me an economic lightweight because I wasn't a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that's the experience that we need? Someone who's going to take and look after as he did his friends on Wall Street and bail them out at the expense of Main Street America.
I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.
Social security is the most successful government program in our nation's history. We are not going to cut social security! We are going to expand social security!
Roosevelt was the one who had the vision to change our policy from isolationism to world leadership. That was a terrific revolution. Our country's never been the same since.
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