Privatizing Social Security is just another way for Gov't to transfer money from the poor to the wealthy.
Pumping that much money into the system without creating ANY more value will inflate the price of stocks, making the present holders wealthy.
And, when the debt and trade imbalance catches up with the US, when there is no more money for foreigners to borrow, when those foreigners want to get paid, and the economy collapses, it will be the poor folks who are left with, well, squat.
But, in the meantime, the wealthy will continue with even more unearned wealth.
And the middle class with have gotten it in the shorts, one more time.
The conservative dream.
Arf