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Cain on his Social Security plan: It’s ‘personalization,’ not ‘privatization’

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It wasn’t a memorable post-Republican debate experience for Herman Cain on MSNBC Wednesday evening.

Interviewed by the cable network’s panel, Cain was challenged by Washington Post columnist Eugene Robinson about his plan of Social Security going the route of Chile’s model.

“I covered South America, I covered Chile,” Robinson said. “The Chilean model is privatization of the pension system, so, what’s the difference between privatization and privatization?”

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“Sir, with all due respect, it is not, it is personalization,” Cain said.

“Workers in Chile, they have an account that they retire with their name on it,” he added. “That’s not privatization. The word ‘privatization’ is used to try and kill off the idea without even trying. With all due respect sir, it is personal retirement accounts, and that is what I’m proposing.”

That was only the beginning of Cain’s rocky appearance, which also saw his “9-9-9” plan come under heavy scrutiny and laughter from MSNBC’s crew.

WATCH: Video from MSNBC, which aired on September 7, 2011.


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American Airlines ordered passengers to stop social distancing — because they hadn’t paid for exit seats

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On Wednesday, The New York Times reported that the flight crew on an American Airlines trip ordered two passengers to stop social distancing and move back to their seats.

The reason? The empty row they moved into cost slightly more.

"On a June 30 flight on American Airlines from Dallas to Newark, Joy Gonzalez, an aviation engineer based in Seattle, found herself seated at a window with two older passengers beside her in the middle and aisle seats," reported Elaine Glusac. "In order to gain more social distance, she and the aisle passenger both moved to seats behind them where two rows were empty. But before takeoff, a flight attendant ordered them back to their assigned seats, telling them they had not paid for those exit row seats, which are more expensive."

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US artist’s holiday park sculpture fetches millions

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A huge sculpture by American artist Alexander Calder sold at auction in Paris on Wednesday for over 4.9 million euros, auctioneers Artcurial said, after nearly six decades on display at a holiday park in southern France.

The influential sculptor is known primarily for his colorful and abstract mobiles, of which he made thousands over the course of his career.

But he also made "stabiles" -- the opposite of mobiles -- one of which remained concealed from the general public in La Colle-sur-Loup village, a few dozen kilometres from the ritzy city Cannes.

The black steel 3,5 meter (11 foot) structure was made by Calder in 1963.

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Joe Shapiro’s wife disputes Mary Trump’s claim her husband took SATs for Trump

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Mary Trump's upcoming tell-all book alleges that President Donald Trump's sister did his homework and friend and fellow University of Pennsylvania graduate, Joe Shapiro, took his SATs for him.

ABC News reported Wednesday that Pam Shriver, Shapiro's widow, said that he would never have done something like that.

"He always did the right thing, and that's why this hurts," said Shriver.

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Cain on his Social Security plan: It’s ‘personalization,’ not ‘privatization’

It wasn’t a memorable post-Republican debate experience for Herman Cain on MSNBC Wednesday evening.

Interviewed by the cable network’s panel, Cain was challenged by Washington Post columnist Eugene Robinson about his plan of Social Security going the route of Chile’s model.

“I covered South America, I covered Chile,” Robinson said. “The Chilean model is privatization of the pension system, so, what’s the difference between privatization and privatization?”

ADVERTISEMENT

“Sir, with all due respect, it is not, it is personalization,” Cain said.

“Workers in Chile, they have an account that they retire with their name on it,” he added. “That’s not privatization. The word ‘privatization’ is used to try and kill off the idea without even trying. With all due respect sir, it is personal retirement accounts, and that is what I’m proposing.”

That was only the beginning of Cain’s rocky appearance, which also saw his “9-9-9” plan come under heavy scrutiny and laughter from MSNBC’s crew.

WATCH: Video from MSNBC, which aired on September 7, 2011.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

American Airlines ordered passengers to stop social distancing — because they hadn’t paid for exit seats

Published

on

On Wednesday, The New York Times reported that the flight crew on an American Airlines trip ordered two passengers to stop social distancing and move back to their seats.

The reason? The empty row they moved into cost slightly more.

"On a June 30 flight on American Airlines from Dallas to Newark, Joy Gonzalez, an aviation engineer based in Seattle, found herself seated at a window with two older passengers beside her in the middle and aisle seats," reported Elaine Glusac. "In order to gain more social distance, she and the aisle passenger both moved to seats behind them where two rows were empty. But before takeoff, a flight attendant ordered them back to their assigned seats, telling them they had not paid for those exit row seats, which are more expensive."

Continue Reading

Facebook

US artist’s holiday park sculpture fetches millions

Published

on

A huge sculpture by American artist Alexander Calder sold at auction in Paris on Wednesday for over 4.9 million euros, auctioneers Artcurial said, after nearly six decades on display at a holiday park in southern France.

The influential sculptor is known primarily for his colorful and abstract mobiles, of which he made thousands over the course of his career.

But he also made "stabiles" -- the opposite of mobiles -- one of which remained concealed from the general public in La Colle-sur-Loup village, a few dozen kilometres from the ritzy city Cannes.

The black steel 3,5 meter (11 foot) structure was made by Calder in 1963.

Continue Reading
 

Breaking Banner

Joe Shapiro’s wife disputes Mary Trump’s claim her husband took SATs for Trump

Published

on

Mary Trump's upcoming tell-all book alleges that President Donald Trump's sister did his homework and friend and fellow University of Pennsylvania graduate, Joe Shapiro, took his SATs for him.

ABC News reported Wednesday that Pam Shriver, Shapiro's widow, said that he would never have done something like that.

"He always did the right thing, and that's why this hurts," said Shriver.

Continue Reading
 
 
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