History is instructive, but the most important thing to know is that whether or not it was true of the schemes which prompted SS, it is nit now nor for 75 or so years has it been “insurance.” It is pure redistributionary welfare. My point was simply that fedguv has already stolen responsibility for your retirement from you. That it lets you keep some money in a fancy legal thingamajig isn’t any more notable than that it lets you keep other money wherever you happen to keep it.
Like I said, if the mood strikes they’ll take it. Just like when the mood struck it took our gold. When you complain, in addition to it being for the starving children and so forth, they’ll pat your head, asking, “What are you sore about? We took over your retirement way back when, remember? There’s a good boy, now run along and play.”
Well, I have no doubt that the government will lie, cheat, and steal. Nor do I doubt that they are good at it and have had lots of practice.