People you know personally could starve
Bush's Unprecedented Attack on African Americans
by James Ridgeway
January 27th, 2005 4:21 PM
WASHINGTON, D.C. For four years Bush didn't meet with the Congressional Black Caucus and paid no heed to African Americans, except, of course, to repeat the Republican mantra of how terribly concerned we all are and how we just want to include you under the big Republican tent. But yesterday, reinvigorated by his election mandate, Bush called the caucus and fed them a line of bullshit.
...Social Security reform that turns over substantial hunks of a person's account to Wall Street, where the vicissitudes of the marketplace can yo-yo it up and down, is little help to anyone, let alone blacks. The only source of retirement for 40 percent of all African Americans is Social Security, according to Melvin Watt, a Democratic rep from North Carolina. Without it, poverty rates among blacks would double.