Reads like poorly written scare mongering.
“A source in Montana said the feds are hoping to turn 401 (k) and social security funds into federally administered bonds”
Social security funds are already kept in US government “special purpose” bonds. Of course, these bonds are backed by the very same deadbeat government that is financially broke and borrows 50 cents for every dollar it spends.
a source in Montana? is he talking to the sagebrush?