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Message Subject Obama Admin Looks to Nationalize your 401K & Control Americans’ $19.4 Trillion In Retirement Accounts
Poster Handle Anonymous Coward
Post Content
Sucks for those who thought they'd retire someday.

Can we stop this and start over?
 Quoting: Anonymous Coward 32908345


..well you might start by reading aricles that do not reflect the lying headline..there is NO "Nationalize your 401K & Control Americans’ $19.4 Trillion In Retirement Accounts"..zero..none..not there...what MIGHT be there is concern that the banks/investment houses be closely supervised to see that laws on the books be followed...imagine a govt. agency taking it's obligations seriously..maybe the crimes of MF Global have caused some good men and women to say let's prevent this from happening...there is NO movement, covert or otherwise to seize assets held in tax deferred/Roth accounts..NOwhere is there any suggestion of govt. seizure of funds...it would be nice if govt. did it's job and helped protect the retirement funds of our aging population...when SS becomes means tested, it will be important that your other funds are not stolen by banksters...stop jerking everytime some false story/headline pulls the strings...and keep the powder dry :)
 
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