The biggest backers of Social Security “reform,” are people like Pete Peterson of Fix the Debt, Wall Street bankster types who want to get their hands on the $2.6 trillion in the Social Security trust fund.

People like Pete Peterson think that if they can convince enough people that Social Security is going bankrupt, the government will do crazy things like raise the retirement age or, as George W. Bush tried to do, privatize Social Security altogether.

If the government does go ahead and privatize Social Security, Peterson and his bankster friends will make billions leaching off the retirement savings of working Americans that otherwise would gone to fund Social Security