This is going on in Argentina. The Peronists have destroyed the wealth of the country since WW2. The President Mrs. Kirschner wants to nationalize everyone pension or retirement plan.
The thing Joe Biden was warning us that we may think is unpopular in the first 6 months...remember he said tested and threat and they would do something unpopular but you got to hang with us. My guess is Obama will grab 401Ks and IRAs. Obama thinks he will be able to do anything. If he wins he will be able to do it. Who will stop them? Pelosi?
I didn’t see your mention of Argentina b4 I posted in 34 a link....scary, huh?
What about Roth IRAs?