DEMOCRATS in Argentina and Europe nationalize ALL private pensions – Argentinian DEMOCRATS make A BOLD cash grab, stealing private savings!  Corporate democrats keep saying it will never happen in America.  Yet far-left DEMOCRATS in the USA stole the SOCIAL SECURITY SYSTEM cash and far-left DEMOCRAT George Miller wants to ELIMINATE 401(k) contributions (starting with high-income Americans per Miller).  Basically, far-left radicals with a border-line idiotic level ofunderstanding of basic economics are working to destroy middle-class wealth.  Are liberals on the far-left working to destroy the economy, enforce socialism and utterly transform Americainto a far-left waste land...?  "Eventually, our goal is to eliminate all private 401(k) pension plans and force every American into a state run pension system like the current social security system.  We intend to make everyone in retirement totally dependent on the government, specifically a government run by democrats."

http://www.investmentnews.com/apps/pbcs.dll/article?AID=2008810079894

According to CSMonitor:

“European nations begin seizing private pensions”

http://www.csmonitor.com/Business/The-Adam-Smith-Institute-Blog/2011/0102/European-nations-begin-seizing-private-pensions