why we should never privatize our social security

[luckyleftyme2]

We have heard the fools on the right ranting about privatizing our social security system.Thank god those of us that realize it wouldn't be long for the greedy would have all that fund in their pocket.
please read this portion of an article I copied:

"Editor's Note: This post by Steve Vernon appeared on November 8 on MoneyWatch.com.

The results of a new survey suggest that the American dream just got a little dimmer. According to the 2011 Melbourne Mercer Global Pension Index, the U.S. retirement system ranks behind that of such nations as Poland, Brazil, and Chile. The index's top rankings went to Netherlands, Australia, and Switzerland, in that order.

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The annual rankings are based on three factors: The adequacy of the retirement income system to replace pre-retirement income, the sustainability of that system, and the integrity of the system.

Compared with nations that rank higher in adequacy, the U.S. has relatively modest Social Security benefits, and its citizens have a higher reliance on defined contribution plans -- such as 401(k) plans -- instead of traditional pension plans that deliver lifetime retirement income.

When you translate these findings, you shouldn't be surprised to find that:

• Employers and employees alike aren't saving enough for retirement.

• Abandoning traditional pension plans in favor of 401(k) plans has significantly eroded workers' retirement security.

AS YOU CAN SEE THE FACTS FAR OUT NUMBER THE RHETORIC THEY PREACH.
PLEASE PASS THIS ON TO EVERY RIGHT WINGER THAT IS REPEATING HIS MASTERS WISHES