On Fri, 26 Mar 2010 08:10:11 -0700 (PDT), Frogwatch
wrote:

Now they have taken over health care, their next target will be to
nationalize your 401K.

too late. wall street and the bush mafia already stole it.

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.

gee is this like the program bush proposed to dump social security and
make people contribute to lehman bros, goldman sachs, etc?

how'd those firms do last year?