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Over this week and last, AARP, the nation's largest lobby, will have spent more than $5 million on ads attacking the president's Social Security plan -- nearly three times as much as all the supporters of his proposal put together. That's just for starters.
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I think the AARP is wrong on this issue and so do a great many of it's members. If you send them a message crticizing their position they send you a canned message in return because of so many negative responses. Also there are many critical discussions on their message boards. I believe this will cost them a lot of members before this is over.
Many of us retired people have paid into SS our entire lives and know first hand how paltry the returns are. We do not wish the same for our children and see personal accounts as one way to establish a real retirement plan for those who do not make enough to have their own IRAs or 401Ks. If the personal accounts are modelled after the federal government's Thrift Savings Plan, there will be much better returns than SS and little risk.