The $800 billion question

Why do people want to get rid of Social Security?  Why would anyone spend decades of their lives and tens of millions of dollars to get rid of Social Security?

If we eliminate ignorance or stupidity, sheer evil or a desperate need for someone to suffer so you can feel better about being rich, what could be the answer?

After all, Social Security is a very successful program that helps millions of people, is guaranteed for principal and interest, and has never added, and never will add, a cent to the debt.

The answer is simple - money.

How much money are we talking about here?  Well, more than $800 billion was put into the Social Security Trust Fund in 2012.

So the plan is to give your Social Security money to Wall Street.  That gives you increased administrative costs plus fees for managing your retirement money.  That money will be put into risky investments where you can lose everything and have no money left for retirement.  But don’t worry.

Wall Street bankers will get an extra $800 billion a year, so everything will be OK.