Reply #17: I don't..

[sendero]

.... disagree with a thing you say, but that doesn't change the fact that all the government is doing is buying their own bonds so they can spend the money now.

The fact is, it would be possible to actually save some of that money, just like you and I do in a bank, for the future. That is not happening.

The "privatization" scheme is ostenibly a way to do that - but the catch is that putting it into corporate stocks is no guarantee either.

I suppose if I were king wizard for the day I would save off SOME of the SS payroll deductions in some sort of real, tangible asset, such as precious metals or somesuch.

Don't hold your breath.