Obama and the SEIU want to nationalize your 401K
Now they have taken over health care, their next target will be to
nationalize your 401K. Some of you may remember that right after the
election I said they would do this because ti is the only available
pool of money. What they are proposing is a mandatory contribution by
employees into a govt managed retirement program. Basically, this is
a way to take the money you are currently investing in a 401K and
replace it with worthless T-bills backed by govt debt.
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