Tim Walz Meets with Mankato Seniors to Discuss Retirement Security
Walz Will Oppose Any Attempt to Privatize Social Security
( North Mankato , Minn. ) – On Monday, Congressman Tim Walz met with Mankato seniors at Oak Terrace, a local senior center. In light of recent economic turmoil, he talked to seniors about his commitment to honoring the promise of Social Security. He also voiced his strong opposition to any attempt at privatizing Social Security and gambling it away on the stock market.
“When my father died, my younger brother used Social Security survivor benefits to go to college, and my mother used those same benefits to train as a nurse and re-enter the workforce,” said Walz. “With the economy in turmoil, I will oppose any attempt to gamble Social Security away on the stock market – I will protect Social Security for southern Minnesotan seniors.”
Walz’s opponent in the upcoming election, Dr. Brian Davis, supports privatizing Social Security.
Campaign Manager Chris Schmitter said, “Dr. Davis’ plan to gamble Social Security away on the stock market is wrong for southern Minnesota . Ordinary, middle-class folks rely on Social Security to get by – Dr. Davis’ plan would make it harder for them.”
Davis Said He Supported The Privatization Of Social Security. Davis said, “I do believe that people below a certain age should have the option to invest some of their Social Security in the private market.” [Winona Youth GOP Debate, 2/23/08, full transcription available on request]
Again, Despite the Economic Crisis, Davis Recently Said That He Supported Privatizing Social Security.Davis says privatizing, or allowing some of the payroll taxes to be invested, would be one way to help. ‘So let's say 40% or 50% of payroll taxes could be included into a secure type of even a 403B plan, which would be bonds and securities that are very stable,’ says Davis.” [KAAL News Interview, 9/25/08]>
Davis Said If You Want to Know Where He Stood on an Issue to Look at the Republican Party Platform. Davis said, “I want to reassure you that I’m a conservative platform Republican I will cast those votes and I will advocate on behalf of our causes. I think our Republican Party platform in this state is great. Do you want to know where I stand; you can start with that document.” [Fillmore Co GOP Convention, full transcription available on request]
Republican Party Platform of MN (http://www.mngop.com/Roots/8a6031ab-af02-4ff7-b4375db06581aaea/Documents/2008%20RPM%20Platform.pdf)
Republican Party Platform Section 1, Letter P (Page 2): Allowing all Americans to invest some or all of their Social Security payments, continuing to fulfill our obligations to older Americans, and prohibiting Congress from using Social Security funds for any other purpose.
Photo: The meeting described by the campaign press release isn't the first time Walz convened to listen to district seniors. The July 2007 photo above documents a typical meeting; see Walz listens to seniors, the article that accompanied the photo in the Mankato Free Press.