Reply #6: It's going to be used the same way OH, CT and FL used their state...

[AP]

...pension funds: to bail out Enron insiders when Enron stock was tanking.

The Republicans need to give Americans (1) social security, with the emphasis on security (ie, no chance it won't be there when you retire), and (2) jobs that pay well enough so that if you want to risk some of it in the stock market, you can.

What they shouldn't be doing is taking some of that "secure" money and using it to inflate the prices of insider's stock, the way 401k and IRA fund holders and state pension plans were doing in 2001.

Bascially, everything republicans do can be defined this way: they want to privatize the gain and socialize the costs of society. They want to remove risk from the wealthy and shit it all onto people who work for a living, and this is just one more way they plan on doing that.