Distorting FDR
Media Matters for America reports that Bennett and Hume claimed the father of Social Security system wanted Social Security privatization.In an attempt to promote President Bush's plan to partially privatize Social Security, nationally syndicated radio host and former Reagan administration official William J. Bennett and FOX News managing editor and anchor Brit Hume falsely claimed that President Franklin Delano Roosevelt advocated replacing Social Security with private accounts. In fact, while Roosevelt advocated "voluntary contributory annuities" to supplement guaranteed Social Security benefits, he never proposed replacing those benefits with private accounts. On the February 3 edition of FOX News' Hannity & Colmes, Bennett declared: "Franklin Delano Roosevelt, the guy who established Social Security, said that it would be good to have it replaced by private investment over time. Private investment would be the way to really carry this thing through."
posted by Paul Wilczynski @ 8:01 AM
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