Social Security money IS being invested - in the operations of the U.S. Government. It just wouldn't make sense to invest it anywhere else, as long as the Government is in a situation where it has to borrow money somewhere. Why pay interest to wealthy investors, when you could be paying it to Social Security recipients?

Now, if the Government had a surplus, THEN it would make sense to invest Social Security and the remainder of the surplus in the commercial market - nationalize a phone company or something....

Now, I suppose you can get all paranoid and figure that government employees are good-for-nothing lumps who are out to steal your money - but if that's the case, then probably you should know that private enterprise employees are more-or-less the same. If that's the case, then buy gold with all your money and keep it in a sock - and hope that the sockmaking people are good workers. On second thought, maybe you ought to knit the sock yourself....or maybe you should elect a rich President who comes from a family of sock manufacturers.

-Joe-