Another submission to the Asheville Citizen Times.
Many people, when they think about their coming retirement years, think of Time Freedom and Financial Freedom. A Defined benefit like Social Security versus a Defined Contribution 401(k) will yield four times as much money for your Time Freedom and Financial Freedom goals in retirement.
Republicans are bound and determined to not allow that to happen. They even want to divide those under 50 from those over 50. Divide and conquer is a time honored convention of getting what you want.
They want to privatize Social Security so that instead of getting a Defined Benefit they want to move you to a 401(k) plan so their buddies on Wall Street will make Profits, Commissions and Hidden Fees every time you add to your 401(k). When they do that with your money they are steeling your Time Freedom and Financial Freedom. Then when you cash out they will once again charge you Profits, Commissions and Hidden Fees. This is theft on a grand scale.
Tom & Rosalyn Kociemba