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Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs
USS Neverdock — Those that voted for Obama are going to get their wish. "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."

Dems Hold Hearings-- Target 401K Accounts
Gateway Pundit — The Democrats are eying your 401K money. The money grabbers are already talking about confiscating your retirement accounts. The Carolina Journal and LGF reported: 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. Triggered by the financial crisis the past two months, the ...

Be afraid. Be very afraid.
Babalú Blog: an island on the net without a bearded dictator — ... If you have a 401(k) or equivalent retirement plan, you've probably been watching nervously the past few weeks as your nest egg has shrunken owing to the current turmoil in the markets. Well, it could be worse. But don't take heart, for what we mean is it could get worse. The market turmoil has some politicians on Capitol Hill eyeing the end of the 401(k) as we know it. Workforce Management reports on a hearing of the House Education and Labor Committee earlier this month. From The Carolina Journal: Democrats in the U.S. House have been conducting hearings on proposals to ...

Buh-Bye, Miss American 401K Pie
Pat Dollard | Young Americans — ... enjoy the corresponding rewards) and for greatly increasing government control of Americans’ retirement funds. It is by no means a certainty that Congress or a President Obama would embrace such a proposal, but this is a direction in which things may move if the Democrats make big gains next month. Dems Target Private Retirement Accounts Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs By Karen McMahan - (Carolina Journal) RALEIGH — Democrats in the U.S. House have been conducting hearings on ...

Larwyn's Link Kerplosion: Bill Ayers cries to the press
Doug Ross @ Journal — ... • Carolina Journal : Dems Target Private Retirement Accounts : "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." • NRO : ...