[Mr. Jeeves]

If they can seize 10% of your deposits, could they not also decide one day to seize 10% of your investment accounts; mutual funds, trust funds or any other fund administered by any financial entity.

Of course. Especially since the government considers tax-deferred accounts their property until the taxes are paid in full. Why shouldn't that money be redistributed to meet desperate human needs like an Obamaphone? /s

[chuckles]

It has been discussed, in the past, to “convert” IRA’s and 401K’s to gubmint accounts. You know,....just to keep them safe.