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This national retirement thing has been all over the net for the last few days and posted here at FR several times.

What all these postings have in common, regardless of the news source, is the same base article coming from National Seniors Council National that refers to: “A recent hearing sponsored by the Treasury and Labor Departments - - - -”. There is no link to the hearing transcript or date of the hearing.

Unless I’ve missed it, Fox never picked it up, Rush has not said a word, as this would certainly be a major news item likened to obamacare.

I have contacted the financial advisor managing my IRA, and her firm (a major one) has heard nothing. I contacted my GOP senator and have not heard back yet.

I believe this scheme to raid IRA’s is on the plate, but I also believe the National Seniors Council National is pushing it for some reason, maybe they have gold or silver sponsors trying to get people paranoid in order to cash in retirement plans and look for something more solid to get such as gold or silver. Or it could be a membership drive effort as they are sure getting attention.

What I do know for fact is I am not dumb enough to bail out of my IRA and take a huge tax hit without verification from a competent source.

If anyone can find a recent source of this information not tied to the National Seniors Council National, please advise.