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New Obama TV Ad Highlights John McCain's Social Security Privatization Plan

September 20, 2008

by Christopher Hass

CHICAGO, IL (RUSHPRNEWS)09/20/2008--In the midst of the current financial crisis, Social Security has never been more important to protecting Americans in retirement.

Today, the Obama campaign will be highlighting John McCain's Social Security privatization plan with DNC events in battleground states and TV ads. The ad, Promise began airing last week in key states across the country.

UPDATED: In Dayton Beach this morning, Barack Obama explained:
I’ll protect Social Security, while John McCain wants to privatize it. Without Social Security half of elderly women would be living in poverty – half.

But if my opponent had his way, the millions of Floridians who rely on it would’ve had their Social Security tied up in the stock market this week... Millions would’ve watched as the market tumbled and their nest egg disappeared before their eyes. Millions of families would’ve been scrambling to figure out how to give their mothers and fathers, their grandmothers and grandfathers, the secure retirement that every American deserves. So I know Senator McCain is talking about a “casino culture” on Wall Street – but the fact is, he’s the one who wants to gamble with your life savings.

That is not going to happen when I'm President of the United States. When I’m President, we’re not going to gamble with Social Security. We’re not going to gamble with your ability to retire with dignity after a lifetime of hard work. We’re going to strengthen and protect Social Security so it’s a safety net our families can count on -- today, tomorrow and always.

SOURCE: Barack Obama Campaign

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