[QUOTE=chiefst2000;4254935]Thats how insurance works. Some pay in and don't collect. I don't see a way to privatize SS at this point. When no one is paying in the ponzi scheme collapses. Where would the money for current seniors come from? The only realistic solution at this point is to fix the system. Means test for the wealthiest folks and raise the retirement age over time.[/QUOTE]
That's not how investments work. Where would the money come from? From the Social security TRUST fund of course!!It can, and should be phased out, period! Congress and ALL politicians CANNOT be trusted holding others money. Privatized with auditors and auditors, auditors. One bit of chicanery, life with no parole.