Bush's privatization of Social Security scheme is like the following:

      You put $100,000 in a bank earning you 3% interest [as the average person would do over his working lifetime].  Along
comes this shyster masquerading as a "financial advisor" who says, "Why don't you let me invest your $100,000 where,
because of my years of experience in investing, I am highly confident you can get 9%.  So you take his advice and invest
where he says, not realizing he is counting on that investment actually making 12% not 9%.  What's in it for him to increase
your income?  Why would he do that?  Because those future 12% payments, (hopefully), can be divided as follows.  You get
9% (a 300% increase in your interest profits) and he gets 3% for doing the paper work and "advising."
      So where's the hangup?  Quite simple:  At no financial risk to himself, he has convinced you to increase your risk by
400% in companies or businesses about which you are essentially guessing, while accepting his propaganda and the
companys' questionable balance sheets and financial statements.  In effect, this so-called "financial advisor" is gambling
with YOUR money, not his.  Why doesn't he just sit beside you at the roulette table in Las Vegas and suggest where you
should place your bets because he has been watching people play roulette for decades.  If Bush gets his way, you will be
able to take the money you are paying into FICA (Social Security) and invest it as you are advised by a "financial advisor,"
and you will spend the remaining years "hoping" much greater income will accrue to you than formerly expected upon
retirement.  If your "financial advisor" guesses wrong, you are had my friend; he isn't.  Had you stayed with the far less
risky Social Security, as currently operated, you would have been virtually guaranteed an income upon which you could rely
decades ahead.  The money you will receive under current SS will be much less than the "financial advisor" was "promising,"
but you have a far greater chance of actually obtaining it.
    The bottom line is:
    If Bush's scheme were to be enacted, there is a high probability that millions of unwary and far less sophisticated
average citizens will be conned out of their life savings by those who supposedly know financial investing better than they
do.  Only a fraction of those taken in by this con job will actually realize what is being promised.  The rest will be "out of
luck."  They will learn the hard way that the Bushites were lying but it will be too late.