[KarlInOhio]

I think he would more likely boil the frog slowly.

< Obama logic>

1. 401(k)s and IRAs are risky.

2. Government bonds are nice and safe.

Therefore, wouldn't it be wise to have people invest some of their retirement money in government bonds (never mind that they can already do so if they want to). So just require every retirement plan to put a small amount, say 10%-20% of their assets into government bonds. The resulting stock market crash from removing that much money from stocks all at once will just show how wise it was to keep some of the money in bonds. In a few years the percentage can be gradually raised to 50% or more.

< /Obama logic>

Soon all of the retirement money would be under government control without really inciting anyone to violence. Now maybe you would be willing to grab your gun and march on Washington for an outright theft of hundreds of thousands of dollars of retirement money, but would anyone do that for a change from 30% to 40% government bond requirement?

[Pietro]

I think he would more likely boil the frog slowly

I think it'll have to happen fast and not incremntally, otherwise too many people will move their remaining money out of the system entirely.