[Citizen Zed]

Don't let the door hit you on your way out Quinn.

[lentulusgracchus]

The legislature will steal the money, spend it on buying votes from Low Information Voters, and leave the savers flat.

Guaranteed.

[gaijin]

Ah, so all the dough gets “locked in a LOCK BOX”...?

Suuuuuure....!!

[lee martell]

People should have a choice to enroll in that retirement program, but i wish i had been enrolled in a similar one. It’s too late for me to accumulate much savings but i give it another try this year.

[Ray76]

What a bunch of creeps.

[teletech]

A little tin box
A little tin box
That a little tin key unlocks.....

[piasa]

Dems trying to build up another trust fund to rob. Lovely.

[Jack Hydrazine]

That money certainly won’t be there when those individuals retire!

[piasa]

And Quinn and cronies will be delighted to “invest” it in their own pal’s banks and companies ...

[Sacajaweau]

It’s a voluntary program...........

[Secret Agent Man]

Yeah, no thanks. I save what I want to save in the mechanisms I want to use.

I think any legislation that is “preemptive yes” that takes tings away from people - money, organs, life - ought to be illegal, automatically regarded null and void, and the lawmakers kicked out for violating their oaths and the constitution.

[PGR88]

And then this pool of captive savings from the serfs can be used to pay off government debt.

The USA is turning into Argentina.

[willywill]

you made a mistake. you meant to title this semi-news in the satire section.

[kaehurowing]

Sounds like “Social Security.”

[PAR35]

Are they going to invest it in something ‘safe’ like municipal bonds?

[informavoracious]

All to be forfeited once you have your death panel review upon “retirement.”

[Whenifhow]

Sounds like MYRA

Investing in the ObamaFund; Treasury rolls out a new savings plan without a Congressional vote.

http://www.freerepublic.com/focus/f-news/3241943/posts

Obama step closer to seizing retirement accounts

http://www.freerepublic.com/focus/f-news/3122884/posts

[taildragger]

"The program will be created under a law signed by Gov. Pat Quinn on Sunday. Participation will be voluntary, but workers who don’t want to save will need to opt out manually. "

Ya and I am sure it will be as easy as getting out of paying the political portion of your Union Dues...

What a co-wink-a-dink, aren't Illinois State Pension Liabilities as bad off if not worse than California's?

[ArcadeQuarters]

If the government can’t spend it directly, they’ll borrow against it or figure out some other way to get at it. Your retirement money is safer with a heroin addict.

[trebb]

At least they offer an opt-out. I’m surprised they didn’t make it impossible to say “no”.

[<1/1,000,000th%]

I’m sure this’ll be OK.

Didn’t the Republicans try to do this with social security and the Dems called it cuts?