Relevant:
- How the Government Is Coming After Your IRA and 401(k) Plan
- Government To Confiscate 401(k)s and IRAs For Mandatory Savings Tax?
- The Ron Paul Freedom IRA
- Government Sets Its Sights on Private Retirement Accounts: "Giant Effort to Redistribute the Wealth of America's Older Citizens"
- Treasury Ends Obama-Era Program to Help Workers Save for Retirement
US Departments of Labor and Treasury Schedule Hearing on Confiscation of Private Retirement Accounts
2010-09-03 — coinupdate.com
I would like to say this is baseless hysteria, but I'm not so sure. The US government is desperate to fund itself.
I don’t like speaking in tabloid-style terms, but the unstated agenda of these hearings, as I understand it, is to push for the US government to eventually nationalize (confiscate) all assets in private Individual Retirement Accounts (IRAs) and 401K plans!
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