.......on FOX News' Special Report with Brit Hume, Hume provided the alleged historical basis for Bennett's claim:Later in the evening William J. Bennett, quoting Hume, repeated the lie on Hannity & Colmes.
HUME: In a written statement to Congress in 1935, Roosevelt said that any Social Security plans should include, quote, "Voluntary contributory annuities, by which individual initiative can increase the annual amounts received in old age," adding that government funding, quote, "ought to ultimately be supplanted by self-supporting annuity plans."
But Roosevelt was not advocating that the present system of guaranteed Social Security benefits "ought to ultimately be supplanted by self-supporting annuity plans." Rather, he was proposing that both mandatory contributions and voluntary annuities would eventually eliminate the need for a different fund which was established to provide pension benefits to Americans who were already too old in 1935 to contribute payroll taxes to the Social Security system.
Roosevelt outlined the three major tenets he envisioned for Social Security in the January 17, 1935, speech that Hume quoted. As the Social Security Administration (SSA) has noted, these tenets are: 1) "non-contributory old-age pensions for those who are now too old to build up their own insurance"; 2) "compulsory contributory annuities which in time will establish a self-supporting system for those now young and for future generations"; and 3) "voluntary contributory annuities by which individual initiative can increase the annual amounts received in old age."
The second element, "compulsory contributory annuities," is the backbone of Social Security's current system of guaranteed retirement benefits, which are funded with payroll taxes that employees pay throughout their working years. But it was the first element, a retirement benefit fund for those who would never pay into the new system due to advanced age, that Roosevelt said would eventually be "supplanted" -- or made unnecessary -- by both voluntary annuities and compulsory contributions like those in the current system. In his January 17, 1935, speech, he noted: "It is proposed that the Federal Government assume one-half of the cost of the [non-contributory] old-age pension plan [the other half coming from the states], which ought ultimately to be supplanted by self-supporting annuity plans." As the SSA noted, "It was the President's view ... that ultimately the welfare pensions funded by the states with federal contributions would become unnecessary as the two programs of annuities would gradually come to obviate any need for such welfare type programs."
So where is the outrage? The media was all over Dan Rather for being sloppy. Why no outrage for Hume's out right lies? Well at least one person is outraged; Al Franken calls on Hume to resign.
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