Should Social Security in the U.S Be Privatized?

[enlightenedmaster]

Aielyn said:

1. It doesn't waste money. Indeed, what it means is that the government is generally never out of pocket, yet your money is still safe. And like I said, the whole point is that proper regulation prevents the companies from "shenanigans" with your money. So the only way your money disappears is some massive worldwide economic collapse... in which case, the government isn't going to have the money, either. As for the claim of the government "fucking up" regulations... the Australian government hasn't. If Americans are being screwed over by their government, they need to stop voting them in. And don't waste your time bringing up "False flag" claims - they're nonsense.

both the companies themeselves and the government regulators have not really performed well throughout ages to trust them to do so in the future

also if USA can fuck-up,Australie sure can as it is a smaller country with much power and support.And it isn't really abt voting USA government out when corporations control the government itself

 

false flag claims are in no way non-sense,think tanks and government personels themselves agree with it and it is common throughout history

2. I'm not even sure what you're responding to, here. Who have what in the past?

didn't glass steagle get repealed in 1999 and also other laws after corporations influence and lobby the government

3. Super funds are required to invest according to your wishes. So you can ask them to put the money in safe investments that garner only small returns (not unlike regular bank accounts). Or you can be more risky, and ask them to invest for long-term returns. And there's even "self-managed super funds", which go further and basically let you be the manager of your own investments (there are, of course, laws about what you can "invest" the money in - you can't "invest" it in a holiday home for yourself, for instance).

do you really expect after working 40years,people want the headahe of managing their retirnment and the risk?

4. Maybe in America. In Australia, there are all sorts of safeguards for superannuation, and more generally for anything where companies have control over individuals' money.

well,they can regulate and control but at the end the funds are with the company  and they can fuck it up any time as they did during 2008 crisis and lost alot of money

5. I'm sorry, but that's just plain nonsense. The 'history repeats itself' logic is massively flawed (among other things, technology wasn't present in the past, and technology makes massive changes to how society operates).

no it isn't,my commnet wasn't just a casual 'history repeaets itself' trying to be wise joke

i ama student of deep history and comparative civilzations,i know what i'm talking abt.if you wanna debate then i can easily explain to you what you think is not correct with my argument

 

abt technology,it has always been present,it Roman and Indian and Chinese and Islamic times,various technologies were present and major upgrades were done to increase productivity

technology isn't some magic trick but just an upgrade in efficiceny and productivity that simplifies and improves things.

for example,in olden times armies had Infantry,Cavalry and Artillery - the same is there today,just that Infantry has guns instead of Swords and Armored Core has Tanks instead of Horses & spears and Artillery has guns instead of bow and arrow

 

the technology we have today is mainly a BIG upgrade because of Industrial Revolution which had an Enery revolution brought on by COAL compared to Animal Power used before - the same happened as we produced forward with Fossil fuels,Hydro and Atomic energy and as we are doing now with Solar energy,they are all basicall upgrade to the what was available before allowing us to do more.We will have many more upgrades when we Colonize Space as we will need more energy to go to Moon or Mars.

 

The US is going to undergo some turmoil, I suspect... but only until Americans realise that they actually can vote for who they want, even if they're not one of the two main parties.

not really,USA system is outright broken and also past the Liberal democratic state of government

not once throughout history has any nation repaired wihtout a STRONG MAN and heavy-handedness and surely America is not gonna

 

and when that STRONG MAN comes and the state USA is in,it isn't gonna be people who are gonna decide whats gonna happen but the STRONG MAN himself electing him to power.

But I think step 1 for America is to introduce preferential voting (which Australia has) - it will open up the system to allow more parties and fairer elections (Remember Nader? He wouldn't have harmed Gore's chance of winning in 2000 if the US used a preferential system).

more parties will come but democratic elections will surely be dead by the end of this century

 

and don't give an exmaple of Australia,it is just one of the Western European off-shoots so they all have the same political system.When cultures and civilization grow powerful,they become more liberal and democratic as they have alot of wealth to spare and don't need to normal old-time hierarchical structure of soceity

but at the same time when the culture and civilization become old and frail and starts to lose dominance and vigor,they go back to the old ways to get the soceity back in form and to make things happen and secure themselves as an EMPIRE.

You can see examples of this in ISLAMIC,INDIAN,EGHYPTIAN,CHINESE,ROMAN empires all the way and if you compare,USA is exactly following the same pattern perfectly

 

6. "European centric"? What? Are you talking about Australia? If you are, then you really don't know Australia.

by european-centric i meant heritage and culture and political system and basic character not that Australia like Europe or is focused towards it

EDIT: By the way, if you think the government is "fucking up" and failing to do various things, and even setting up "false flags"... why would you trust them with your money?

as government is mainly fucking up as todays they are basically ruled by MONEY and CORPORATIONS

but at the end of the day Government is seen in different light no matter what to Private Companies and people aren't really gonna be more pissed and make corporations accountable but they sure as hell will make government accountable

 

Also as i have mentioned before,there are periods in hisotry where governments are very unstable and also that every EMPIRE has a Life of 250years,the first 100-150,the country is very stable,the next 50years it devalues its currency but still stable,the last 25-50years can be pretty much outright downward slide and can get very unstable

USA is close to the end of its 250year cycle from 1776 to now in 2015 and you can clearly show the cracks and crisis all-around since they started to outright devalue the DOLLAR since 1971 GOLD STANDARD de-pegging by Nixon