Hi Dope.....

I remember, you've been way ahead on this one. I remember yu talking about this on TMF perhaps in the mid 2000s.

Well, anything from Trump accounts to Germany show- - you were right.

Here's my fear sir....

30 year old Dope....is NOT the general public. The Investor class on TMF and subsequently on this board --is NOT the general public.

The bad public schools, the bad culture, the bad family structures, the pop culture messages----- have seen to it that much of the general public isn't that way. Feel free in any Metro Area---- go to strip malls in the same county-----one will be filled with Kumon math tutoring. insurance. Bank. The other----$200 hair bracing, beepers, pagers, cell phone stores, vanity status symbols. At ONE of those malls. yeah, they'll privatize the shit out of Social Security while at the other ---unless there's a Cultural Intervention---do you seriously think they'll substitute today's "normal" purchases-----for buying SPY ETFs?

Hence I don't believe in full privatization (not saying you do either) and furthermore, even amongst the prudent---what's to stop withdrawals----anything from "buying bitcoin" to "I'm thinkin' about me getting one of them Subway franchises....and i'l drum up business at the Chamber of Commerce lunches....during the busy time when I really should've been at my store" or in today's culture. 'I need the money for my daughter, Arturo, and their son'.

Then after all that--the money---will NO DOUBT some how be under the purview of the Goldman Sachs JP Morgans Wells Fargos and other manipulators of humanity.

Hence I'm skittish. But math is math and I remember you used to post calculations of historical returns etc and one can't ignore that. Not now during what will be a Sheeple Crisis.

So I would indeed be open--even enthusiastic to PARTIAL - I dunno 5%? 10%? 15% of Social Security funds being put into prudent investments----but with strict "hands off" withdrawal policies and if possible. some for of non elected, anonymous non rock star committee that oversees the funds..... maybe a "LockBox" :) .