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Democratic National Committee: Susan Turnbull to Blast McCain's Dangerous Pledge to Privatize Social Security, New Call to Let Health Insurance Companies Run Wild

While Markets Reel From Disastrous Bush Economic Policies, McCain Calls to Deregulate Health Insurance Companies Just 'As We Have Done Over the Last Decade in Banking'

LANSING, Mich., Sept. 20 /PRNewswire-USNewswire/ -- In light of this week's Wall Street upheaval, tomorrow Democratic National Committee Vice Chair Susan Turnbull will hold a press conference to challenge John McCain's dangerous plan to privatize Social Security and his new call to deregulate health care companies. In a new magazine article, McCain called for deregulating the health insurance industry just "as we have done over the last decade in banking." This risky combination would leave senior retirement security and Americans' health care at the mercy of the tumbling stock market. John McCain's plan to place Americans' economic security and health care in corporate hands would leave Michigan citizens at even greater risk and jeopardize the well-being of those most affected by failed Bush-McCain economic policies, seniors.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080519/DNCLOGO )

For more than 70 years, Social Security has helped keep retirees, surviving spouses and children, and the disabled from poverty. Yet McCain called Social Security "a disgrace" and wants to revive Bush's risky scheme to privatize Social Security, even as the failure of two of the top four remaining investment banks this Monday makes clear just how great a gamble privatizing Social Security would be.

    WHO:    Susan Turnbull, Vice Chair, Democratic National Committee

    WHAT:   Press Conference to discuss McCain's Social Security privatization
            plan and new call to de-regulate health insurance industry

    WHEN:   Sunday, September 21, 2008
            1:00 pm

    WHERE:  4123 Orchard Lake Rd
            West Bloomfield, MI


    Paid for by the Michigan Democratic State Central Committee
    606 Townsend, Lansing, MI 48933
    Not authorized by an candidate or candidate committee

SOURCE Democratic National Committee

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