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Save Social Security with Mike Derrick

October 27, 2016
Lake Placid News

To the editor:

You have a choice in November is to save Social Security with Mike Derrick or have it lost and privatized with Elise Stefanik.

Stage one is Stefanik's statement that she would not privatize Social Security.

Stage two is when she refuses to support any serious effort to secure it over the long run. The only way is increasing the taxation level above the current income level of $118,500. Years ago when we were discussing this with Kirsten Gillibrand, she laughed and said, "Yes, just pop the cap." Bernie Sanders wants to increase it to $250,000. I would have no cap. That would guarantee Social Security forever. You can be certain that Stefanik will not "pop the cap." She will not contradict her mentor, Speaker of the House Paul Ryan, who refuses any tax increases - in this case only on the rich - and wants to privatize Social Security.

Stage three is when the effort to secure Social Security comes due to this refusal Ms. Stefanik will say, "Well, I guess we don't have a choice. We'll have to privatize by opening it up to Wall Street." Then all is lost. What was Social Security will be subject to the violent shifts in the stock market. Further, Wall Street will take 30 percent overhead, which they've been lusting after, instead of the current 3 percent government overhead.

Democrats know this. Instead, I am addressing this to my Republican friends. Think. Do you want you Social Security preserved or destroyed?

Editor Ken Tingley said Sunday, Oct. 9, in part in his Post-Star column, "I understand that Rep. Stefanik answers to a higher power than the people of the 21st Congressional District - her party - but at what point does right and wrong become the guiding principle?"

Exactly. And the faction that controls the Republican Party at the federal level wants Social Security privatization.

Conservative commentator George Will said in a recent Washington Post column, "Trump is a marvelously efficient acid bath, stripping away his supporter's surfaces, exposing their skeletal essences." Again, exactly. So far we know Stefanik's essence by her refusal to disavow Trump. And on Social Security she will ultimately do the same with a refusal to disavow Paul Ryan, Karl Rove and the rest of the privatize faction.

A vote for Mike Derrick is a vote to preserve Social Security.

Richard Dudley

Glens Falls



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