The evil of social security and other government-mandated savings programs is that when the government runs out of money, they will take it all.
All of it will be gone. When the Federal government can no longer sell bonds to pay its existing bonds in its $18,000,000,000,000 Ponzi scheme, everything will be gone. Anyone with any savings in any government program will have nothing.
From The Telegraph:
Greece plans to raid coffers as creditors dash hopes of resolving cash crisis
Athens could force pension funds to transfer assets to the government as desperate Greeks tout possibility of delaying IMF repayments
That’s Newspeak. Here’s what it means, sans Orwellian crap:
The politicians who force pensioners to save money through their programs will force the people who they made save that money to give them that money in order to pay back the megapile of tax loot made up of loot donations from every developed State in the world.
Because God forbid the IMF, an institution that never earned a damn thing for providing something to consumers in the marketplace, should lose money.