Sunday, April 10, 2005

 

AARP and Social Security

There are many sides to this story, here is mine...The AARP is against any
changes in Social Security because there is no money in it for them...

AARP is an insurance broker...They are in the business of making money
by selling insurance...In their most recent AARP Bulletin of April 2005 they
advertise Auto on page 13, Life on page 17, Motorcycle on page 23,
Annunities on page 26, Dental on page 27, Pharmacy Svc on page 30,
Mobile Home and Medicare on page 29 and used pages 20,21,32,36 and 38
for other AARP services...The Bulletin is a total of 40 printed pages...

They supported Medicare Drug benefits because they will get a piece of the
action...They are selling Part "B" Medical insurance coverage now and will
just convert the system over to one funded by Federal money just like other
drug insurance companies plan to do...

With Social Security there is no Federal money for them...But there is a
whole bunch of 40ish "baby boomers" which are future AARP members and
insurance customers...So with all this "anti-Social Security change" activity
AARP is planting the seed of future protection for those who will turn 50 soon...

AARP can offer very little to 85 year old Aunt May...She has bought all the
insurance she required years ago...But, there is a new found market in the
"40 somethings"...They will remember how "AARP protected THEIR Social
Security retirement money."...They will join AARP when they are able, at
the age of 50, and then buy more insurance in order to feel better "protected"
under the security of AARP...

AARP is protecting no one...Anyone over the age of 58 has nothing to fear
regarding future Social Secuity payments...AARP is only interested in itself
and its financial future...It is no different than any other "Lobby" in
Washington...It is protecting its own interests and its ability to make money...
Pumps
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