Obama On Privatizing Social Security

• "Social Security is strong"

• "Let me be clear, privatizing social security was a bad idea when George Bush proposed it, and it's a bad idea today"
  

• "It would gamble retirement plans of millions of Americans on the stock market. Imagine if your social security right now was tied up with the DOW Jones. How would you feel when you woke up in the morning and heard that the DOW was down 400 points?"
  

• "You wouldn't feel real confident about the stability of your nest egg"
  

• "That's why I won't stand for it when I'm president"

Those are Obama's quotes on the video above. If you listen carefully and read between the lines, you will observe his blatant support of socialism.

• First, Social Security is not strong. It's on the verge of bankruptcy because politicians borrowed (ie: stole) the funds' money and used it for other things.
  
• Second, we shouldn't even have social security as it is a socialist program, but since we do, privatizing it should be up to the people. It is NOT up to you Obama. It is our (the taxpayers) money.
  
• Third, it would "gamble" our money on the stock market, and we'd be distraught to find out the DOW was down one day? Unless you're a day trader, a one day drop in the stock market will not affect you. Historically, the stock market has a proven 12% return. You keep your money in for the long term. If the stock market is so bad, why are there millions of people with 401k retirement plans? Plus, and this is a big plus, are we not gambling when we give our money to you (government)? As mentioned above, our beloved government stole the money meant for social security and used it for something else, and it's now on the verge of bankruptcy. Young people will not see a dime after being forced to contribute for 30-40 years. I believe I'll "feel more confident" with my money in a medium that has shown a 12% return instead of putting it in the hands of an inept government.

You see folks, Obama doesn't think you can be trusted with your OWN money. He believes government is the answer to everything, and he believes the government knows how to spend your money best. He is a blatant socialist. He will take your money, by force via taxes, and tell you how it's best spent, and NOT even give you the option to keep your money to invest it the way you see fit. America is in trouble.