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Does Anyone Still Want to Privatize Social Security?
The Century Foundation 
[Opinion] Sept. 23, 2008
Excerpt: [Dean] Baker of the Center for Economic and Policy Research reports that 'according to a recent World Bank analysis, the financial industry pocketed 15-20 percent of the money paid into the privatized Social Security system in Chile, which has often been held up as a model by privatizers in the United States. Given the losses that the millionaire Wall Street bozos have incurred with the housing crash,' it is clear that privatization would help those 'very rich needy.'
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