When the Dow goes from 16,000 to the 5,000 or so where it belongs, every retiree will come into the streets and vote - to be made whole. When the government promises to restore the nominal value of everyone's 401K to within 10% of its peak value as long as 80% of it is held in "safe, reliable" US Government securities, very few are going to shout "Thief!" and refuse to support the new plan.
exactly