Dallas Rally to Protect Social Security
By Byron LaMasters
From our Dallas friends, a rally to protect Social Security hosted by the NAACP and the AFL-CIO:
The Dallas AFL-CIO is taking action to save Social Security at 11:45 AM through lunchtime this Thursday, March 31, in the 7600 block of Northwest Highway (at Central Expressway in Dallas). It's just across the street, south of Northpark shopping mall.
There's a public sidewalk there just fine for picketing. Right beside it is the office of Charles Schwab brokers, one of the main financial backers of the propaganda campaign for privatizing Social Security. You can see why Schwab will be targeted all over the nation on Thursday: they stand to profit first and foremost if the government undermines Social Security by privatizing.
Jim McCasland of AFL-CIO and Bob Lydia of NAACP have agreed to approach the Schwab people while we're outside. AFL-CIO will provide all the signs, so we just need you to come to enjoy an hour or less with us.
Posted by Byron LaMasters at March 28, 2005 03:13 PM
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The Charles Schwab Corporation is a major backer of the risky plan to privatize Social Security. Chairman and CEO Charles R. Schwab is a longtime supporter of diverting Social Security funds into private accounts. The Schwab Corporation has supported the Cato Institute and the Alliance for Worker Retirement Security, two of the most important groups lobbying for the Bush Administration's plan. The Schwab Corporation is also a leader in an industry association that has promoted privatization, the Securities Industry Association.
Hundreds of Schwab clients have signed an open letter to Charles Schwab asking the company to cease all participation in efforts to privatize Social Security. The letter will be delivered to Charles R. Schwab and the entire Board of Directors on May 19 at the company's annual meeting at San Francisco's Four Seasons Hotel. There is still time to sign the open letter by visiting www.schwabgreed.org to add your name!