Following the Euro and South American model, these progressivist Democrats plan to Nationalize Your Retirement Savings. This current crop of progressivist democrats are sneeky and ruthless. Americans must understand these are not corporate democrats.


 

What's is most comical about corporate democrats is that these corporate democrats don't understand the nature of a government of unlimited power.  A government of unlimited power does not allow room for  freedom.  According to John Hinderaker writing at PowerLine: -- “At this point, I think the best we can say is this: the federal government is desperate for cash, and the biggest untapped source of wealth is the hundreds of billions or trillions of dollars that Americans who are now nearing retirement age have saved over their lifetimes. I don't doubt for an instant that the Obama administration would like to get its hands on this money, which would go a long way toward resolving the current government debt crisis. An obvious way of doing so is to take the money now, in exchange for a promise to pay an "annuity" later. The bottom line is that, given what we know about the Obama administration's rapacious appetite for swallowing up private wealth, anyone who has savings should be vigilant.” -- http://www.powerlineblog.com/archives/2010/05/026260.php

 

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