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Obama Slams McCain Over Privatization of Social Security

HeadlineSep 22, 2008

On the campaign trail, Senator Barack Obama criticized John McCain for his support of privately investing Social Security money in the same markets that tanked last week.

Sen. Barack Obama: “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, and 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.”

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