Yes, I heard many of these ideas before the election. Pretty much everyone above you is guilty of posting without reading and understanding what the article was saying. They are actually pretty good ideas (which is why either they're not Obama's or they'll never get into law).
The only two that are genuinely bad are allowing people to dip into their 401k's for emergency funds for 2009, and having the government match employee contributions. The first one is a REALLY bad idea (and identified as such in the article) - it will take a lot of capital from an ailing market and the funds will never be paid back to the 401k's. The other one socializes our retirement.
The article never says word one about them confiscating our 401k's, which is what the Dems in Congress want to do.
I am cashing out I think so they can’t get my money anymore than the taxes I will have to pay anyway and I won’t contribute a cent more than what they take for taxes.
And pretty much everyone above you post comments the raise suspicion that this is the first step to the government to take our 401K in the future not that it was mentioned in this article.
Most people above your post realize that this is a first step for the govt not the last step as you seem to think.