OT--<THAT is why I am SO GLAD the stock market NEVER became the substitute for Social Security! Our seniors would be penniless homeless persons, if that had gone thru. Clean up the stock market in the US of A, and I might change my opinion about that subject.>
Just to set the record straight, seniors were not invited to the new system, only younger folks AND AND AND it was by CHOICE, not required. AND you would not be able to invest in the types of risky companies you have lost so much money in. The investment choices would be similar to the ones MILLIONS of current government workers have now. Ask them how they like it. They love it because they retire with 3-5 times the income. Do a google search (you love research!) on the Galveston County Texas retirement plan. How big is your Soc Sec check going to be?Even with the "dirty tricks" of the market ,it is still better then the dirty trick of Soc Sec