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To: wbill

And it doesn’t have to be like some nations nationalizing retirement accounts all in one fell swoop.
Just limit how much people can put in 401Ks and Roth IRA have no limits on MyRa accounts invested in government bonds, though you can hold government savings bonds in a 401K or IRA.
Then see them tout the popularity of MyRa while saying we need to end 401Ks and other IRAS. I see this now with the “only the rich utilize them, scale back the tax benefits for them!”
Another option is slowly upping the percentage of the 401K and IRA accounts that must be held in federally approved “safe” investments. Start with 1-3% cash or federal bonds, then ramp up as the federal government needs more money.


13 posted on 11/17/2015 10:58:50 AM PST by tbw2
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To: tbw2
yep. Or, just see to it that inflation degrades the value of what already is ther..... never mind.

FR spins up some doozies. From the preppers who are excitedly waiting on the world to end, to the FReepers who think that the Bilderbergs used chem-trails to get Obama re-elected in 2012 ... we manage to come up with some whoppers.

But, this particular one is likely. Combines the collective greed of pols with the collective stupidity of the population.

PS./ I made up that thing about the Bilderbergs. But somewhere, a FReeper is reading what I just wrote and yelling "AHA! SEE! I TOLD YOU!!" to no one in particular.

15 posted on 11/17/2015 11:18:03 AM PST by wbill
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