Why AARP Opposes Private Accounts …
by John Schroy filed under Individual Investors
William D. Novelli, the well-paid CEO ($689,000) of the largest U.S. lobbying group for the elderly, AARP, has come out against President Bush’s “private accounts” plan for reforming social security.
This has raised cries from conservatives that AARP is nothing more than a front for the Democratic Party.
However, a few years back, AARP supported Bush’s plan for Medicare reform and was attacked from the left for having “sold out to the Republicans”. Which is it?

