If you think the money in your retirement accounts is safe, you’re wrong. We’ve already seen the savings of the middle class drained once. There’s no reason it can’t be done again; the same people are in charge. You may soon be living on a steadily decreasing Social Security payment.
All you upper-middle class people with your retirement savings, you think you’re so smart, you think your savings are safe, you don’t care about the little people who rely on Social Security. But the wealthy predators who run the financial system think that anyone who works for a living is fair game. Yes, that means you, Mr. Well-Paid Pundit. You hang out with these people, you think you’re one of them. No. To them you’re the help, to be made or broken at whim. You’re not a member. Never will be.
The truth of the matter is that Social Security is more, not less, secure than private savings, and if Social Security isn’t secure, your private savings are even more at risk. Fight for both, if you want to keep what you have earned.
“Just because you’re on their side doesn’t mean they’re on your side.”
[Cross-posted to my own blog.]