Well folks, it hasn’t taken long for the Obama-Pelosi-Reid trinity to find a way to steal more of your money.
Yesterday I heard of a plan where the government will calculate the value of your 401(k) to right before the crash caused by the Democrats and their Fannie May/Freddie Mac debacle. The Democrats will then fold your 401(k) into your Social Security account. They will “insure” the value by putting the money in government bonds that will accrue interest at the amazing rate of 3%. So they are stealing nationalizing your retirement account for your own good, of course.
This is necessary because of the volatility of the market, you know. Instability caused by the very people who want to “protect” you and your money.
Heh. Like I said, the only change you’re going to get is the change in your pocket.