I’m not making a comment about you personally. I am making a comment about how people will react generally. Americans have been reacting to outright theft by meekly accepting it for years, as long as it is gradual and hits the “rich” first and hardest. Obama trying to confiscate 401(k)s will be no different. 80 years of the Welfare State have conditioned a large chunk of the population to depend on government and to meekly accept it when the government grabs more and more private wealth.
I agree with Opinionated Blowhard on HOW the government will go about doing this.
Think of the word Obama used to get gay marriage accepted — “EVOLUTION”.
During the 2008 campaign, he said he was against gay marriage... now, he “evolved” and accepts it.
Same thing happened to abortion. First, it was limited to the early trimesters, now, even full term babies are being aborted ...
Things don’t change with a big bang, Freedom isn’t taken away immediately, the right to own firearms is not taken away at once... the changes creep in slowly, make people docile so that they can “get use to it”... until suddenly... it is too late.
Same thing will happen to your IRAs and 401K. They will attack the “very rich” first ( e.g. you can’t save more than $3 Million dollars in your IRA ). Then slowly but surely, the term “rich” evolves until YOU are the rich who gets targeted.
That has ALWAYS been the strategy.
Those who read Obama and Hillary’s mentor — SAUL ALINSKY would know this.
The same low information voters who put and kept Obama in power are also stupid with their money and ignorant of this country’s debt load. They believe that 50k in their retirement account, 15k (average) credit card, 150k (average) mortgage is all fine and dandy. They certainly have no problem with the Fed printing money and giving it to politicians to give it to them. Most of them would say “why should some guy get a large boat when I don’t have enough to retire?”