There was a Harvard prof who was advocating this about a year ago. Mark Levin interviewed her. I’m sure it’s archived.
Google “teresa ghilarducci”, one of Obama’s advisors on the subject. Ms. seize and redistribute herself.
Ghilarducci
401(k) Foe Teresa Ghilarducci, the Most Dangerous Woman in America
Ghilarducci interviewed on plan to socialize 401(k) plans (instant Mark Levin classic)
http://www.freerepublic.com/focus/news/2117260/posts