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Videos (November 2011) « Newt 2012
Newt 2012
"Right to Choose Personal Social Security Accounts" +
1:21 web video from Nov. 9, 2011.
[Music] Gingrich: I'm Newt
Gingrich and I want to ask you to join in the effort to give every
young American a better Social Security future. You see if you're
allowed to have the choice of a personal Social Security savings
account, you have some big advantages.
You control the money; the politicians don't. It builds up
interest all your lifetime so by the time you finally retire you have a
lot more money in your account, and the evidence from Galveston, Texas
and from Chile where they've had this kind of program is that for about
half as much money you get more than twice as much in retirement
savings. Finally, if you're saving it and you're controlling it,
if something does happen to you it goes into your estate to your family
and your loved ones, something which does not happen today.
So I believe there's a real opportunity here to build a system where
younger Americans have the right to choose a personal Social Security
savings account, and I hope you'll go to Newt.org, my first name, and
you'll sign up to help make sure that every young American has the
choice of keeping the money in an account that they control where no
politician can bother them.
Thank you all very much, and I hope you'll join me at Newt.org.
Notes: A solid issue
focus. Production-wise the video is rather underexposed.