This would be funny if it wasn't so ridiculous

Newt Gingrich and Peter Ferrara (via Investors.com) report that the people at the helm of a near-worthless Social Security system are now looking for ways to drag in even more of your money, to keep the shell game operating at full steam.

The hearings examined a proposal from professor Teresa Ghilarducci of the New School for Social Research in New York to give all workers "a $600 annual inflation-adjusted subsidy from the U.S. government" in return for requiring workers "to invest 5% of their pay into a guaranteed retirement account administered by the Social Security Administration."

It could be a scare tactic, or it could be a warning shot across the bow. Regardless, it'll be worth watching over the coming months.