Stop Social Security Piratization

I know that there have been numerous diaries about the proposed privatization of Social Security.  I have read diary after diary and article after article regarding the pros and cons of private accounts.  What I haven't read about are ideas to stop Bush's privatization plan in its tracks.  The closest I have come to seeing anyone suggest a way to stop Bush is when Senate minority leader Harry Reid stated that he has the personal word of the other 44 Democrats in the Senate to stand in unity against the administration's plan to privatize Social Security.  

More after the jump. . .

Not a single Senate Democrat will support President Bush's proposal to divert a portion of the Social Security payroll tax to personal investment accounts, Minority Leader Harry Reid, D-Nev., said Tuesday. . .

"We want to make sure that the American people understand that we're not for benefit cuts and we're not for privatization," Reid said. "There's no crisis in Social Security."

http://www.talkingpointsmemo.com/archives/week_2005_01_30.php#004621

That's great.  And that might stop them in the 109th Congress, but we need to stop them permanently.  We need to expose the Bush administration for what they truly are - reverse Robin Hoods.  Stealing from hard-working Americans to give to his already filthy rich friends.

The president wants to allow younger Americans to divert a third or more of their Social Security payroll taxes into private investment accounts, which would take billions of dollars from the trust fund that finances the nearly 70-year-old retirement and disability program. In order to close that funding gap between benefits promised future retirees and taxes expected to be collected, the president would reduce future Social Security benefits, at least for those who choose to set up private investment accounts. . .

The Treasury Department is doing a budget analysis to determine how many lower-income Americans could be shielded from benefit cuts necessary to offset the overall cost of creating private accounts, the officials said. . .

http://www.washingtonpost.com/wp-dyn/articles/A52565-2005Jan31.html

I don't care how many lower-income Americans you try to shield.  Any way you slice it, this is just another reverse Robin Hood scheme.  

Privatization of Social Security = Piratization of our security.  

Bush is going to use his SOTU address to tell more lies about the alleged crisis in Social Security and to sell his piratization plan to the American public.  If this administration is so concerned about younger American's retirement, why haven't they offered an alternate plan separate and distinct from Social Security?  Of course, that would not provide a congressionally-mandated license to rob, er access, our trust fund, now would it?  

Why can't we collectively put together an alternative to dismantling Social Security?  Why can't we devise a retirement plan that is separate and distinct from Social Security?   This could be something as simple as a national 401(k) plan that is tax sheltered until the funds are withdrawn or it can be as complex as you want make it.

We have far too many fine minds with financial genius lurking in their lofty lobes to just sit back and let this opportunity slip away.  What do you say?  Can we work together to devise a plan to stop Bush in his tracks?  Can we actually create a national pension plan out here in the blogosphere?  That would really give the SCLM something to write about, now wouldn't it?

With that, I yield the floor to my fellow Kossacks and financial geniuses. . .here's your chance to show how grey your matter truly is.