The 60 Plus Association, Proud Supporters of Social Security Privatization « The Washington Independent
One important fact about the 60 Plus Association’s move into the health care debate is that from 1995 through really the end of the Bush administration, its big cause was support for Social Security privatization. It did a lot of blocking and tackling when President Bush pushed for privatization in 2005, and it kept on message long after he dropped the campaign. Below, for example, is footage from a small 2007 event where 60 Plus Associate President Jim Martin made the privatization pitch to a like-minded crowd of students and reporters. A key excerpt:
“President Bush did what no previous has ever done in my forty-some years in this town,” said Martin. “He boldly called for reform of this system that has served seniors well, but now, according to a majority of citizens, it’s in need of an overhaul.”
Later, Martin put the organization’s campaign in more historical context. “Some 24 countries — back in 1995, the first year that we stuck our toe in the water, touching the third rail to see if we were gonna be electrocuted or not — 24 countries around the globe had started moving toward this personalized system,” he said. “Now about 40 countries a dozen years later. So I think it is the wave of the future.”
Here’s more video from the event, where Ryan Ellis, the sharp-tongued Director of Policy at Americans for Tax Reform (he jokes that an easy question from the audience is proof that it’s “softball season”), makes the pitch for private accounts.