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The short explanation of this alert was:

Tell Charles Schwab: Take your hands off our Social Security.

Under pressure, investment groups Edward Jones, Waddell & Reed and Financial Services Forum have pulled out of lobbing outfits pushing Social Security privatization. Now it’s Charles Schwab’s turn.

Charles Schwab still is a leading member of that group—and 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. Schwab has claimed publicly it isn't supporting "any Social Security proposal." (The Wall Street Journal, Feb. 11, 2005.)

Send a letter to demand Schwab immediately cease all support for Social Security privatization.

Step down from the AWRS.
Stop all financial contributions to pro-privatization organizations.
Take leadership in industry groups that Schwab is part of to stop supporting privatization.

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