By Karen McMahan
November 04, 2008
RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.
That is STEALING. 401ks are YOUR money. If that was coming, I'd do everything I could to take a full hardship withdrawal and eat the 10% penalty. I cannot believe that is something they are considering. Seizing of private assets by the government, nah, thats not socialism,,,,,,its commuinism!
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