Prophets are famous for being without honor in their own country, and it isn’t any fun being Cassandra. We’re considered alarmist nuts until what we have foreseen comes to pass–and repulsive thereafter if we say “I told you so!”
Well, we told you so about a lot of things, including the plans that the Obama Nation has for your 401K.
To be brutal, the rape artists are moving on their plans to hijack your 401K and replace it with a handsome certificate suitable for framing which says you got a Guaranteed Retirement Account in return for one of your old, unsafe means of preparing for the grim future. Actually, I made that part up. You probably won’t get a certificate large enough to frame and hang over your computer as a constant reminder never to trust government with your money, or not to change the rules on you. What you’ll get is a dud IOU.
Read More - 401(k) as Dangerous as the Dollar
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