R
rdean
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- #141
Spoonman, you know better. Really, dude, you made me sad.
Privatizing Social Security takes it out of the government's hands. That means that a private company makes decisions for you and you can't vote that company out, you can't do anything. You have NO representation.
Further, the companies make money from the investments. They charge the SS accounts investment fees, plus with the amount of stock they can buy using every working American's money they can manipulate the stock market - cheat, in other words, and that's highly illegal.
But the biggest fail with privatization comes with the inevitable - within the next 40 years there will be another September 2008, another October 1929. Do you honestly think that level of risk is something old people should be forced into?
plutocracy noun \plü-ˈtä-krə-sē\
: government by the richest people
: a country that is ruled by the richest people
Plutocracy - Definition and More from the Free Merriam-Webster Dictionary
That's the right wing goal. For some reason, Republicans trust corporations with a profit motive over the government we elect into office and at the same time screaming "we want freedom". Why? So they can give it away to corporations? At least with our government, you can vote people into and out of office. Once corporations are in charge, they will never let go. Only as long as we have a government we elect into office will we have even a sliver of freedom.
As you may have read, I am a big believer that we live in a plutocracy. Government of the rich, by the rich, for the rich.
But I never ever get a right wing wack job on here to contest that we live in a plutocracy.
Either they don't know what it is. Or they don't care. Or they agree and don't want to admit it. And I see no way to change it without a strong group of populists coming forward to bring about change. And that ain't happening. Liz Warren and Bernie can't do it by themselves.
But at least we live in a nice plutocracy. So far.
When you have people who think communism, fascism, socialism and Marxism are all the same thing, who knows what they actually know?