If the current profligate spending habits of our friends inside the beltway do not change, SS doesn't stand a chance. The blue print for hijacking SS funds is being laid out across the pond right now:
http://www.csmonitor.com/Business/Th...ivate-pensions
Even our friends at the CBO are less than optimistic. From their 2009 report:
"The Congressional Budget Office (CBO) projects that the Social Security trust funds will be exhausted in 2043.1 (Unless otherwise stated, the years referred to in this report are calendar years.) Thus, if the law remains unchanged, CBO projects that 34 years from now, the Social Security Administration (SSA) will not have the legal authority to pay full benefits."
http://www.cbo.gov/ftpdocs/104xx/doc...ity_Update.pdf
Well paid boomers continue to retire, and corporate gains in "efficiency" suggest that fewer workers are coming in behind to replace the retirees. Sooner or later, the math catches up. The only difference is that when the government does it, its legal. When Bernie Madoff does it, its a crime.