Dems Target Private Retirement Accounts

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RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.

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If something like this

If something like this happens, I think a revolt will be at hand.

bandito Posted by bandito on Thu, 11/06/2008 - 11:44pm
More from CNBC: Will

More from CNBC:

Will Democrats Tinker With Mutual Funds, 401k Plans?
http://www.cnbc.com/id/27558644

Posted by LauraB on Thu, 11/06/2008 - 9:25am
I wouldn't put it past them

But if government decided to do this they would find themselves in trouble with the RPOGWG, Really Pissed Off Geezers With Guns.

Posted by David S on Thu, 11/06/2008 - 7:50am
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