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Hadrian
What is the likelyhood that Obama will sieze 401Ks and pensions?
House Dems. are holding hearings about the possibility of seizing 401ks and adding them into a general social security fund, run by the government. The government would add $600 annually, as well as each worker contribute 5% of their pay. A return of 3% would be guaranteed. With a filibuster proof senate, a Democratic controlled house, and Obama in office, will the wealth that has been accumulated by individual workers prove to tempting to ignore. If so, do we really want to elect Obama?
3 AnswersElections1 decade ago