Fox is ranting about the Social Security Ponzi scheme. How to unwind it? A crisis is looming. Going broke! Again! The gummamint has stolen the cash flow for its own uses.

Un injineers always pride ourselves on recognizing what reality is, defining where we want to go, and building that bridge.

So let's start building a solution.

We can't stop this thing tomorrow because people are depending upon it there. Let's look at how that fellow in Chile unwound their equivalent system. 

http://www.cato.org/pubs/policy_report/pr-ja-jp.html 

He created a three tier system. Current pensioners continued as they were today. Current workers could stay in the system or go out on their own with a "recognition bonds". New workers were automatically in the new private "social security system".

Why can't we do the same?