From the Freedom Keys site:IMHO lots of good talking points on there.
"Many people are unaware that the money that is taken out of their paychecks for Social Security is not -- repeat, not -- being put aside to pay for their retirement. That money is paying for people who are retired right now, and anything that is left over is being spent by politicians in Washington for anything from farm subsidies to Congressional junkets. ... Liberals are desperate to keep Social Security the way it is, because that means they can keep spending your money as they see fit and keep you dependent on them. That's what the welfare state is all about." -- Thomas Sowell...
What would happen if the government began putting all social security "contributions" into a retirement/disability insurance plan now? IOW, rather than attempting to keep funding a PONSI scheme, "supplement" what's paid out via social security until such a time that each person's retirement/disability insurance plan is funded. (That may never happen for somebody born in 1951, but I'd think that those entering the work force today would reach that fully funded point. I know that if each person put the amount that goes into social security into an ongoing personal retirement fund, that they'd have a far higher retirement income than they get on social security.)
If all that's done is allowing personal savings accounts, you know that too many politicians will vote to reduce the amount someone receives via social security by the amount they "benefit" from the personal savings account. (That already happens if somebody gets PERS and social security. So, those who had the initiative to save will be considered rich and not deserving of the full share.)