I think part of their plan is to pull the Federal Reserves support out from under the stock market. One it crashes, most people will beg for help from the Government, who will offer a guaranteed return on your money. It will end up being a popular measure.
I also think it will be a Republican who does this. The in the same sense that Nixon could go to China and Clinton could pass NAFTA and welfare reform. A Republican will confiscate 401k’s. Maybe Romney if he gets elected, if not it will be which ever Republican replaces Obama in 2016.
What makes you think Obama is not going to do this afterall Theresa Giladurchi or however you spell her name was called
by a Democrat panel to come up with it in 2008.