Let's Nationalize Your IRA & 401(k) Plan!
Thu, 11/22/2012 - 8:49am
Posted by Dale Tudor
A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans...
Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.
Be afraid. Be very afraid. Your personally owned, saved and invested retirement money is a juicy target for the pro-government socialists who are now running America. And, of course, it is logical for them to assume the feds will handle your retirement money waaaaay better than you can!