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ccy

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ccy

Re: kayakbob223 post# 193709

Sunday, 01/10/2010 7:14:13 PM

Sunday, January 10, 2010 7:14:13 PM

Post# of 362002
Thanks, kayakbob, for the link.

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.