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Security Quotes

“For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy — a process that reached its epitome when George W. Bush won re-election by posing as America's defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.”

“In the financial markets, however, the connection between a marketable security and the underlying business is not as clear-cut. For investors in a marketable security the gain or loss associated with the various outcomes is not totally inherent in the underlying business; it also depends on the price paid, which is established by the marketplace. The view that risk is dependent on both the nature of investments and on their market price is very different from that described by beta.”

“The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.”

“We're not going to give tax breaks to billionaires and then cut back on the needs of our elderly or poor or kids or education. We're not going to privatize Social Security - in fact, we're going to strengthen it. We're going to provide quality education for every kid in America, from preschool through college. We have to take on these corporate leaders who are selling out the American people, whose allegiance is now much more to China than it is to the United States. If we have the courage to take these people on, I think we can overwhelm George W. Bush and his friends.”

“If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to - the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.”

“This is what class warfare looks like: The Business Roundtable - representing Goldman Sachs, Bank of America, JP Morgan Chase and others - has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans' COLAs, raise taxes on working families and cut taxes for the largest corporations in America.”

“The United States has more people living in poverty than at almost any time in the modern history of our country. I believe that in a democratic, civilized society none of our people should be hungry or living in desperation. We need to expand Social Security, not cut it. We need to increase funding for nutrition programs, not cut them.”

“Due to the major demographic changes we have gone through in the last few years in this country, we will be a majority/minority nation and there are a large number of people who do not like that. Donald Trump has tapped into those people's fears because he comes from the extreme right wing part of the Republican Party, as does Ted Cruz. They believe that we should cut taxes to wealthy Americans and enforce anti immigrant laws. They don't believe in Education or Social Security, they would end it and change it and privatize it.”

“Right now we have a $600-billion or so Defense Department budget, but when you add in, for example, a trillion-dollar nuclear weapons program over the next decade or two, it adds significantly to it. So it's somewhere around $600 billion. We call for approximately cutting that in half and instead putting those dollars into true security here at home.”

“I don't know if I ever mentioned back in 2002 we fought our way into a governor's debate in Massachusetts where, you know, this was televised and I articulated our usual agenda: cut the military, put the dollars into true security here at home, provide healthcare as a human right, raise wages which needed to be living wages, green our energy system, equal marriage? - we were the only ones talking about it back in 2002.”

“Believe me, every American, every person in this country, if I have anything to say about it, will know precisely what is going on with Social Security, Medicare and Medicaid, because they are beginning to appoint people who are typical right-wing Republicans who want to privatize and cut Social Security.”

“Right now, what my job is - pardon me? Those are just words. Right now, what my - my job is right now going beyond media conflicts and words is to say that Donald Trump, among other things, told the American people he would not cut Social Security, Medicare and Medicaid, and right now Republicans in the House and Senate are doing just that.”

“I have one of the strongest records in fighting for senior citizens. I led the effort to prevent cuts to Social Security. But I think for some seniors, they remember the "evil empire" of the Soviet Union. They conflated the term "democratic socialism" with communism.”