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The short explanation of this alert was:

The investment firm Charles Schwab is a member of the major proponent of privatizing Social Security: the Alliance for Worker Retirement Security. The firm also has funded the Cato Institute, the think tank that has been the godfather of the scheme to privatize Social Security. Privatization will mean huge benefit cuts for working families—but may mean millions of new customers for Charles Schwab.

CEO Chuck Schwab has claimed publicly: "Our corporation does not take positions on political issues." (San Francisco Chronicle, 5/1/05)

That’s double talk.

Send a letter to demand the Schwab board immediately stop Chuck Schwab’s Social Security double talk.

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