Comrades,This is most disturbing news today. The Repubikkkans are trying to stop the Gov't's attempts to take the people's 401's. Surely, as Progressives we understand that the gov't knows what best to do with our money and besides, all of our money really belongs to the State. It is only out of the goodness of politicians and bureaucrats that we are allowed to keep some.[

Republicans Sound Alarm on Administration Plan to Seize 401(k)

In February, the White House released its “Annual Report on the Middle Class” containing new regulations favored by Big Labor including a bailout of critically underfunded union pension plans through “retirement security” options.

The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement -- which lets them off the hook for their collapsing retirement scheme. And, of course, the Obama administration is eager to accommodate their buddies.
Now the backdoor bulls-eye is on your 401(k) plan and the trillions of dollars the government would control through seizure, regulation and federal disbursement of mandatory retirement accounts.

Boehner and the group are sounding the alarm, warning bureaucrats to keep their hands off of America's private retirement plans.

Just when you thought it was safe to come up for air after the government takeover of health care.

The entirety of the House GOP Savings Recovery Groupletter outling the issue that was sent last night to the Labor and Treasury secretaries

Splendid Comrade Neotrotsky. Let me be the first to volunteer for the People's Retirement Distribution Committee. I have some good thoughts already ...
This may seem disproportionate but members of the Central Committee will be only slightly more equal than others.

Glorious! Why should people be trusted with their retirement plans? It's better if government take care of all of that for us.