Nov 03 2008

The only way the government will get my 401k is to pry it out of my cold, dead fingers

Category: economy,election 2008,leftharmonicminer @ 1:02 pm

Would Obama, Dems Kill 401(k) Plans? – Capital Commerce (usnews.com)

I hate to use the “S” word, but the American government would never do something as, well, socialist as seize private pension funds, right? This is exactly what cash-strapped Argentina just did in the name of protecting workers’ retirement accounts (Efharisto, Fausta’s Blog). Now, even Uncle Sam isn’t that stupid, but some Democrats might try something almost as loopy: kill 401(k) plans.
Continue reading “The only way the government will get my 401k is to pry it out of my cold, dead fingers”

Tags: , ,