Friday, November 16, 2012

Goodbye, Private Retirement Accounts?

From the National Seniors Council (hat tip to Will of MFS - The Other News):
Obama Begins Push for New National Retirement System

A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans...

[...]

Such "reforms" would effectively end private retirement accounts in America...
Read the rest HERE. One can only hope that the information is false. But is the information false?

1 comment:

Nicoenarg said...

Okay before I was just making comparisons but now it seems Obama is taking pages directly out of Cristina Fernandez, the president of Argentina's book.

Funny fact (well not so funny but all we can, at this point, do is laugh hopelessly), Cristina admires and copies the policies of Hugo Chavez and the Castro brothers.