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PETE'S TOWN MEETINGS SATURDAY, JULY 23, 2005 |
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Fremont: 9:00 - 10:00 A.M. Fremont Senior Center, Wing A 40086 Paseo Padre Parkway San Leandro: 10:30 - 11:30 A.M. Alameda: Noon - 1:00 P.M.
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RETIREMENT SECURITY UNDER PRESSURE
Personal savings, private pensions and Social Security have long made up the trinity of retirement savings. Each may function separately, but a secure retirement is based on the three growing in concert. Unfortunately, recent events have underscored the difficulty many are having building a safe retirement. Regrettably, most employers no longer provide defined benefit pensions that pay a guaranteed amount for life during retirement. Today, several major industries like the airlines and automakers are filing for bankruptcy and considering defaulting on their pension promises, a route already taken by IBM Corp., Avaya Inc., and, most recently, United Airlines. Congress must ensure that the pension system is strengthened and other retirement savings options are safe and affordable, especially for the middle-class. I am a cosponsor of legislation that would keep executives from getting huge pension guarantees while their employees get benefit cuts. And I continue to fight for employer-based retirement savings incentives that benefit all workers, not just those high-income earners who get a big tax break from their savings. It is regrettable that despite the recent evidence that private pensions may not be as secure as many once believed, the President and Republicans in Congress have decided to weaken the only guaranteed benefit available to all retirees: Social Security. Congress's Duty: Keep Social Security's Promise With big companies failing to keep up their end of the bargain in providing retirement benefits, it is Congress' duty to keep Social Security's promise of providing guaranteed benefits. Instead, the only guarantee if Social Security is privatized is that Social Security benefits would be cut for middle class workers. Congress should oppose any attempts to cut Social Security benefits, especially when the reliability of corporate pensions are so uncertain. Social Security is a promise we've made to our senior citizens, surviving children and widows and it is a promise we must keep. |
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ALAMEDA POINT: A REFUGE, NOT A REFINERY A city development plan for the Alameda Naval Air Station on Alameda Point includes a new National Wildlife Refuge to protect the California brown pelican and least tern, a business park, marina, golf course, housing, retail and a hotel. President Bush's plan for Alameda Point is to convert the closed base into an oil refinery. The President recently presented his proposal to convert closed military bases into refineries on the heels of other ill-conceived energy plans put forth in his Energy bill that passed the House of Representatives this Spring. I was proud to vote against that Energy bill.
As his own bill remains stalled in Congress, the President's recent proposal to convert military bases seems like he is grasping for any answer he can find to our national energy problem, regardless of how wrong that answer is. The Administration and Republican leaders in Congress must address our energy needs with sustainable and environmentally sound solutions. I will continue to oppose any effort to convert Alameda point into a pollution-riddled oil refinery.
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PROTECTING CHILDREN FROM IMPROPER RECRUITING With the reality of the Iraq war discouraging young Americans from joining the military, U.S. Army recruiters have resorted to appalling tactics in an attempt to boost their numbers of new recruits. Recruiters have recently been caught showing teenagers how to create a fake high school diploma and telling them what products to buy to pass a drug test.
To ensure this issue is dealt with appropriately, I have taken several steps:
Protecting Students' Privacy
On a related matter, I have joined Representative Mike Honda (CA, 15th) to cosponsor the Student Privacy Protection Act to ensure military recruiters can only have access to a student's personal information with their parents' permission. Currently, a provision in the No Child Left Behind law requires schools to give military recruiters access to childrens' personal records without parental consent. A form is available which will shield a child's information from military recruiters. You can access that form at: http://www.house.gov/stark/issues/03-24_recruiters.htm. Recruiters are flagrantly breaking the law in order to meet increasing recruitment quotas at the risk of the young people they recruit. These illegal and immoral practices put our national security in jeopardy and those responsible must be held accountable. I will continue to work to protect the privacy of our children and to maintain a high ethical standard for how our young people are recruited into the armed forces. |
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