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Sunday, January 10, 2010 7:14:13 PM
I saw the proposal of the New School professor on TIME (?) magazine a long while ago, and recalled it vaguely when I read the Bloomberg article. I surely find the word "confiscate" alarming.
"...proposals to confiscate workers' personal retirement accounts - including 401(k)s and IRAs - and convert them to accounts managed by the Social Security Administration"
Thanks also tryoty and all others who provided their takes on the issue.
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