In a March 3rd interview in the The Wall Street Journal, McCain restated his support for the privatization of Social Security, saying, “As part of Social Security reform, I believe that private savings accounts are a part of it -- along the lines that President Bush proposed.”

We fought this one three years ago, and we won. Senator McCain didn't hear us. Without the program, half of all American seniors would live in poverty. Privatization would mean a 30-50% cut in benefits, with the average retiree losing $134,000 in payments over 20 years of retirement.

George Kourpias, the President of the national ARA, hit the bullseye: “Don't be fooled, John McCain is, was, and always will be a privatizer. While he fancies himself a maverick, he has long championed the Bush plan to gamble away Social Security on the roulette wheel of the stock market. In a Bush-McCain world, seniors' risk would be Wall Street's reward.”

We'd all do well to understand where McCain stands on Social Security, and other issues that will change our lives. After you've read this, you may want to educate anyone who still admires him for being a straight shooter. Wall Street Journal