Harry M. Reid's ignorance

Incoming Senate Minority Leader Harry M. Reid (D-Nev.)

rejected a push to privatize a portion of Social Security, saying it was but the latest in a long string of Republican efforts to dismantle the program. "They are trying to destroy Social Security by giving this money to the fat cats on Wall Street, and I think it's wrong," he said.

Aside from the fact that this shows an appalling ignorance of investing (probably feigned to whip up populist fervor), shouldn't those who own "this money" be able to decide what is done with it?