Dear Working Families e-Activist:

Privatizing Social Security will mean huge benefit cuts and less security for working families—but for Charles Schwab, privatizing Social Security may mean millions of new customers to bail out what Business Week Online called the “ailing” company.

Charles Schwab and other investment firms “could reap billions of dollars in management fees and commissions over the long term” if Social Security is privatized, according to the Jan. 18 Los Angeles Times.
 
Take action now. Tell Charles Schwab: Don’t support Social Security privatization.  Click below:

http://www.unionvoice.org/campaign/schwab

Schwab’s corporate philosophy description says its goal is to offer individual investors “useful, ethical services at a fair price.” The most ethical service Schwab could provide for working families is to withdraw support for privatizing Social Security.

We need your help to urge Charles Schwab, which stands to gain millions from President George W. Bush’s plan to privatize Social Security, to:

• Disclose its support for groups pushing Social Security privatization.
• Disclose what it has communicated to public officials in private meetings about Social Security.
• And withdraw all support for privatizing Social Security.

Take action now. Please tell Charles Schwab: Don’t support Social Security privatization.  

http://www.unionvoice.org/campaign/schwab

Social Security is America’s best-run, most successful family insurance program. Millions of retirees, survivors and people with disabilities rely on Social Security. President Bush’s plan to move Social Security funds into private accounts may be good for Schwab’s business—but it would hurt working families terribly, forcing devastating cuts in benefits and replacing retirement security with retirement risk. Charles Schwab’s support of Social Security privatization is in serious conflict with the interest of its customers.

Please contact Schwab CEO Charles “Chuck” Schwab. Urge him to drop his company’s support for Social Security privatization. Click here:  http://www.unionvoice.org/campaign/schwab

Thanks for all that you do.

In solidarity,

Working Families e-Activist Network
Jan. 27, 2005