Koch Brothers' Campaign to Kill Social Security

By Bernie Sanders, Brave New Foundation

23 June 11

"Expose the Kochs": The Koch Brothers fund multiple think tanks and academic centers to promote their ideology and expand their profits. Watch Bernie Sanders and Brave New Foundation investigate and reveal the Koch Brothers' campaign to kill Social Security. -- CW/RSN

http://www.youtube.com/watch?v=WFymBUsoNWY

Counter the Koch billions. Protect Social Security.

he Facts:

1. Social Security belongs to you - the workers who contribute to it - not the politicians in Washington.



2. Social Security will never go bankrupt. Its major source of income comes from the contributions of workers and employers; as long as there are workers, Social Security will have income. Closing tax loopholes for wealthy individuals will increase the long term financial health of the program, and protect it for decades to come.



3. Raising the retirement age is a terrible idea and a large benefit cut. If you were claiming benefits as a 66 year-old retired worker and the full retirement age was changed from 66, where it is today, to 69 your benefits would be cut 20 percent. A typical benefit would drop from $14,000 a year to $11,200 a year.



4. Privatizing Social Security would be a disaster. Social Security is so valuable because it provides a guaranteed benefit. Privatizing Social Security would remove this guarantee and have people gamble their retirement savings in the casinos of Wall Street. If the recent financial crisis taught us anything, Wall Street is the last place where our money is safe.

For more information, check out the Strengthen Social Security Campaign.