Investment and financial planning agencies have been publicly denouncing the privatization of America's Social Security system, while discretely funding efforts to encourage privatization.
Funny thing is, privatization makes sense.
If anything, it keeps the federal government from using the trust fund as a piggy bank to cover over-spending. I guess the Investment Community believes that any overt support of privatization would appear to be a conflict of interest because of the financial windfall it will bring to Wall Street. On the other hand, brokers may want to distance themselves from any losses that pensioners might experience under a new privatization effort. TOP Top 20 Retirement Communities New Choices magazine thinks its sixth annual survey of retirement communities has identified America's Best, or at least the top 20. In order to qualify, the retirement community must welcome newcomers of all races and religions.