[GregoryFul]

My 401k is also in cash, but now I worry about the D’s proposals to seize 401k’s and fold it into SS. I’m near retirement, and would be quite disgusted should this happen.

[gotribe]

Collapse isn't going to happen overnight if it happens at all. And they are not going to seize 401k's without a lot of politicking and fighting. This is still a democracy. I posted the following on another thread and it bears remembering:

National turnout in this election was only 53% (which is 122,842,626 voters). So Obama was elected by just 27% of registered voters. That leaves about 73% of registered voters either opposed to him or completely uninspired. His risk is on the downside.

He is not going to just be able to waltz in and get what he wants. More likely, given his inexperience, he will be used by many seeking their own gain, and he will be forced into decisions he never considered. We see that already in his advisor picks, people who have been forced upon him by the monied interests. Obama and Hillary have no say in the matter - the money behind them is calling the shots, as always.

So there is a lot between now and doomsday. Plenty of time yet to actually take the cash from your retirement fund. At least that's my opinion; yours is your call.

[GOPJ]

My 401k is also in cash, but now I worry about the D’s proposals to seize 401k’s and fold it into SS. I’m near retirement, and would be quite disgusted should this happen.

If the D's try to steal our 401k's, there would be a revolution. Then again, all those seniors wouldn't make much of an army...