Democrats Target Private Retirement Accounts

[ralok_j]

Originally Posted by Humble Janitor

401ks are already useless anyway with the economy.

Smells of more fear-mongering.

Fear mongering or testing reaction?

[Humble Janitor]

Originally Posted by ralok_j

Fear mongering or testing reaction?

Fear-mongering.

I never could put much in my 401k. I'd much rather stash money in a lockbox than put it into the stock market or a bank.

[ralok_j]

I honestly believe it is a test of reaction. There's a lot of money in 401k's and IRA's. We are always told we need to save for retirement and now the government wants to confiscate it? If they see that the people will lay down and give up the money they will do it.

That article was written before the election. I chalk it up to another Republican scare tactic. As soon as they mentioned the Heritage Foundation I stopped reading.

[tgraf66]

*sigh* Here's the real story.

http://www.msnbc.msn.com/id/27487450/