Not to beat this topic to death...

...but anybody who is still innocently buying the "Social Security Crisis" just isn't paying attention. Anyway, for those retaining some interest in private accounts (always a great solution for those who can't afford to save), check out the disaster that privatization caused in England.

And ironically enough, considering that America is on the verge of copying Britain’s mistake, most experts seek reform in the direction of a more generous, and simpler, basic state pension -- one similar in design, in other words, to America’s Social Security program.

Interestingly, one of the aspects of our SS program that they envy is the efficiencies of scale which are possible only with such large quantities of money being managed...

(via kos)