A Privatized Social Security: lets just call it Social Insecurity

The idea that privatizing Social Security can be done, as Newt Gingrich claims, "without hurting anybody" is ridiculous. Finance is a zero-sum game. What one person wins in the stock market, somebody else must lose. That is the whole point of privatization - to take a person who has spent his whole life working hard in a non-finance occupation and now put his savings at risk, to be eaten away by financial wizards whose entire profession is doing just that. What do financial experts do other than transfer money from other people's pockets into their own? Yes, venture capitalists help small companies; yes large firms raise money through bond sales. But most hedge funds and the like don't do any of that. They simply are moving the money around, not producing anything new, not curing any diseases, constructing no buildings, or growing any food. There is nothing wrong with investing in the stock market; I do it myself. But to force people to put their hard-earned money at risk of predation from anonymous financial experts forces everybody to become experts, and even so, there will still be winners and losers. I don't think someone who has worked his whole life building cars, sweeping floors, teaching kids, growing food, curing illnesses, driving buses,... should also be required to become a financial wizard just to keep their money safe from professionals whose only goal is taking other people's money. Getting rid of Social Security is just like getting rid of the Glass-Steagall Act: it seemed a good idea at the time but led to our financial collapse. Don't allow greed for a little more return destroy your retirement and leave you a pauper. Don't privatize Social Security and don't believe those who promise that "everybody can be rich", while somehow "nobody gets poor". It's simply not possible. It's a cruel fantasy which, like every con game, is simply too good to be true.