The difference here is that it was a mandatory retirement plan -- you did not have any choice but to pay into it. So now that it is failed you are willing to give away all that hard earned money that you could have invested in a retirement plan yourself and either won or loss based on your own choice? Most of us have additional retirement plans we paid into by choice because we knew it was a piddly fund, but It was guaranteed and so it was mandatory. I am not willing to give it up without a fight. There are a lot of things I think need to change -- including healthcare, but this is not one of them. If you wipe it out, give me my money back. It was not a voluntary system.

I understand your POV and I actually agree with you. But you can't get blood out of a turnip. 100% of nothing is still nothing. Just look at what Obama did to the bond holders when he bailed out the auto industry. Unfortunately, we are no longer a nation of laws and have not been one for a very long time.