I will fly the country before I am forced to buy any US bonds; they’re junk, and at this point they are backed by nothing more than the regime’s ability to inflate the currency. We already saw what the 0bama regime thinks of bondholders with the GM fiasco. No thank you.
I think part of their plan is to pull the Federal Reserves support out from under the stock market. One it crashes, most people will beg for help from the Government, who will offer a guaranteed return on your money. It will end up being a popular measure.
I also think it will be a Republican who does this. The in the same sense that Nixon could go to China and Clinton could pass NAFTA and welfare reform. A Republican will confiscate 401k’s. Maybe Romney if he gets elected, if not it will be which ever Republican replaces Obama in 2016.