[Dilbert San Diego]

And these are our investments, our personal investments which we own.

I recall talk during the Obama years, of how the looming Social Security deficits could be covered if we could “borrow” or “merge” the 401k and IRA investments with the Social Security system.

The next time Democrats control both Congress and the White House, I expect this talk to be revived.

[clintonh8r]

Yes, they can’t wait to raid our savings and give it to those in the wagon.....

[SeekAndFind]

RE: how the looming Social Security deficits could be covered if we could “borrow” or “merge” the 401k and IRA investments with the Social Security system.

OK, if one has investment property(ies), are they also planning to “merge” those investments with the SS System as well? How will that happen? Are you going to be forced to sell them?

[LostInBayport]

I believe I read that the Obamacare legislation was pulled out of a drawer right after Obama’s election. They dusted it off and brought it to the floor.

Don’t think for one second there isn’t a bill sitting in another drawer authorizing government “management” of the 401k and IRA accounts of Americans.

It’s what they do.

[babble-on]

I don’t recall that talk, can you provide a link? Might it have been scare tactics from the right? I’m interested.

[wbill]

The next time Democrats control both Congress and the White House, I expect this talk to be revived

There were a myriad of reasons NOT to vote for Hillary! in 2016. However for me, *this* was the primary one. Someone as greedy and grasping as her just wouldn't be able to stay away from those trillions of dollars. Just sitting there, waiting to be stolen.

For the good of the people, of course.

What I'm hoping is that Trump and Pence stick around for a few more years, Boomers spend down their retirements, and make that money pile a little less tempting. We'll see.

Frankly, for all the Conservative chest thumping over the 2nd amendment, illegals, "build a wall", et al, ad infinitum, stealing people's retirements might be what foments the Civil War that so many Freepers (and others) seem to be itching for.

Stealing people's life savings, while simultaneously destroying the economy - IMO, gov't wiping out people's retirement funds would make the market crash of 2008/09 look like a minor hiccup - might be enough to kick start something that we really don't want to see happen.

[NorthMountain]

“borrow” or “merge” the 401k and IRA investments with the Social Security system.

Such an act is both armed robbery and abject tyranny. Any politician who suggests it should be treated appropriately.

[joesbucks]

I seem to remember something similar being floated in the Bush years.

[neverevergiveup]

"I recall talk during the Obama years, of how the looming Social Security deficits could be covered if we could “borrow” or “merge” the 401k and IRA investments with the Social Security system. The next time Democrats control both Congress and the White House, I expect this talk to be revived.

I would most definitely find a way to move from the country and take what I earned and saved with me before letting the absolute scum of the Earth parasites that are politicians (particularly Democrat politicians) take it from me in order to pay off debts they created. What would be different at that point than having the Venezuelan government confiscate private property, wealth, businesses, and factories? It would have the same affect in America as it has had in Venezuela.

[neverevergiveup]

"I recall talk during the Obama years, of how the looming Social Security deficits could be covered if we could “borrow” or “merge” the 401k and IRA investments with the Social Security system. The next time Democrats control both Congress and the White House, I expect this talk to be revived.

I would most definitely find a way to move from the country and take what I earned and saved with me before letting the absolute scum of the Earth parasites that are politicians (particularly Democrat politicians) take it from me in order to pay off debts they created. What would be different at that point than having the Venezuelan government confiscate private property, wealth, businesses, and factories? It would have the same affect in America as it has had in Venezuela.

[nutmeg]

I recall talk during the Obama years, of how the looming Social Security deficits could be covered if we could “borrow” or “merge” the 401k and IRA investments with the Social Security system.

I remember that. Appalling.