[ravingnutter]

His plan to allow 401k holders to sell off $10K without reaching 59 is insane. The monies this will pull from the markets could crash them.

Not only that, but many people will just pull the money out and blow it, leaving nothing for retirement, then ask for another entitlement.

[Terry Mross]

Why shouldn’t we all blow our retirement now? If we wait we’ll have to share it with the ACORN folks.