In their desperation for cash, I think that one day they will confiscate 401ks and other retirement funds. They will provide some justification like providing access to a replacement government annuity in the form of IOUs and say that it is to provide security for citizens because of a financial crisis. It will, however, be the state taking by force our assets for the"common good." It is time to move such assets off shore and out of reach of the Obama regime.
Bingo! And that’s way they started changing the rules on Swiss bank accounts as soon as they took office. They know that once they start confiscating, people will take their assets offshore — so they FIRST have to turn off that exit, BEFORE they start confiscating.