There be GOLD in them thar 401k’s, said the statists! There have been rumblings about government wanting our private retirement accounts since the earliest days of the Obama presidency. It’s been floated again and again, but hasn’t gotten traction, or does it even need to have political support at all? As we have seen, Obama and his cohorts are more than willing to subvert the Constitution to do as they please. And no one seems interested in stopping them. Wyblog, who aptly quote my Post on the Great Bank Robbery in Cyprus, draws the inevitable relationship between the Great Bank [...]
401(k)
They Said if I Voted for Romney, They’d Come After my 401(k), and They Were Right!
That’s right kids, they government is eyeing your 401(k), IRA, or 403(b) with great envy. And, as for the title, since Stacey is talking blog shtick, I thought I’d borrow from his well, which is deep with all sorts of goodness. But, back to the seriousness. There has been rumblings about the government taking over all private retirement accounts for some time. Apparently, the democrats just can’t let a big pool of money sit there in private hands-it must be controlled, and redistributed, bythe kind hands of government. Bob Belvedere at TCOTS has more… The Editors at Investor’s Business Daily published an excellent [...]
