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Wednesday, January 13, 2010

401k/IRA Screw Job Coming?

By forcing you to turn it all into a government run annuity - just like social security.

It has happened in other counties run by Leftists in power. Read the whole thing.

Glenn Reynolds has some links.

The government already has financial control of most of the "poor" through welfare payments and entitlement programs. The suspicion is growing that they are now going to try to capture control of the middle class whose primary financial assets are in their retirement plans.

UPDATE: Vanderleun:
Gobbling Up Your IRA: If your government invests in you, you should invest in your government. Like it or not.

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