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<blockquote data-quote="bbsam" data-source="post: 2485918" data-attributes="member: 22662"><p>Think about that. Let's say you contribute $10,000 per year to Social Security. I believe the percentage they were talking was 2 to 3% of that privatized. That's 2 to 3 hundred dollars per year. How stupid is that? Who benefits from that? Wall Street. $300 × 180 million folks. </p><p></p><p>$300 x 30 years is $9000 plus interest unless in that 30 years the market gets hit.</p><p></p><p>Privatization of Social Security makes only one winner, Wall Street..and they've already won.</p></blockquote><p></p>
[QUOTE="bbsam, post: 2485918, member: 22662"] Think about that. Let's say you contribute $10,000 per year to Social Security. I believe the percentage they were talking was 2 to 3% of that privatized. That's 2 to 3 hundred dollars per year. How stupid is that? Who benefits from that? Wall Street. $300 × 180 million folks. $300 x 30 years is $9000 plus interest unless in that 30 years the market gets hit. Privatization of Social Security makes only one winner, Wall Street..and they've already won. [/QUOTE]
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