It looks like the eyes of the Bushies will now focus on the privatization of SS.   The question I have always had over this is, let's say the Feds decide to allow someone to privately invest some of their SS - my main questions are, as always, who will end up paying for this when the person who really needs the money makes terrible investment decisions and loses it, or just blows it? 

I believe it is common sense that many, many people will blow this money and taxpayers will end up actually paying this money twice.  I also believe that those who will benefit the most from this are the well off who already have the opportunity to make wise investments. 

In other words, some sort of program like the FDIC would probably be wise. 

Then there is the whole idea of how SS works and how most don't even understand the SS process and concept.  But that is another debate...