0 votes

...Then They Came For My 401k

excerpt from Bloomberg:

"The U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are spearheading the effort."

Read the Rest:
http://www.businessweek.com/news/2010-01-08/americans-oppose...

Also, the enlightened, leftist, elitist, statist who started all this 401k nationalization talk...

http://www.sharedprosperity.org/bp204/bp204.pdf

http://www.troyjgrice.blogspot.com/




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

.

shameless self-bump

Buhahahaha

Well, it only makes sense....

They've already stolen everything else.

It's going to be Social Security Redux.

~Live life to its fullest, with an open heart, open arms and most important... an open mind~

This is sickening

I recommend you read Jason Hommel's comments on this same post.

http://campaign.constantcontact.com/render?v=001DcfdIOMFLbkO...