I offer this up for discussion. What will any of us do (realistically) if the feds just issue orders for the banks, mutual funds, etc. to transfer one's 401K and other retirement savings/investments from your account to the U.S. Treasury? The financial institutions, accustomeed as they are to complying with Uncle Sam's marching instructions, will undoubtedly comply.
What will any of us do?
shoot.
I am not all that worried about it. There has been some level noise from kooky professors and communists at the treasury department. They think we are too stupid to manage our own money and think IRA's ought to be converted to annuities.
If they want to get to the money without triggering a revolution, all they have to do is raise taxes and force people to take it out at an earlier age. They could also just end the programs.
I know what I'll do, and it won't be pretty.
"Being necessary for the security of a free state, the right of the people to keep and bear arms shall not be infringed."