“all your life are belong to us”
Somebody set us up the Obama.
Okay, this is indefensible, but when I first read this yesterday the implication was that the 401Ks would remain the property of the holder, just no longer tax exempt. They would become ordinary taxable investments. I saw nothing that would indicate the Dems are planning on seizing 4 trillion dollars in private assets. Unless there is some absolutely undeniable source of this accusation we should stick to the particulars which are bad enough. The loss to the financial markets of future 401K funds will be a factor in prolonging this recession into infinity.