That's undoubtedly what they thought in Argentina, too, right before the government did exactly that.
Your life's savings and mine are no more than blips on a computer screen, and when unscrupulous men point guns at the heads of bank executives, those little blips are sent wherever the men with guns say they go.
They can put away the guns. I imagine Obama already has a speech written up:
“After the recent stock market crash, senior citizens relying on their investments for income saw them disappear. What they thought were sound investments were risky schemes - propagated by folks focused only on their own greed. Therefore, by Executive Order, I have created the Affordable Retirement Fund Act that will safeguard retirement funds by using only government approved investment agents, and investing in only safe, approved and inspected funds and companies upon their review by governmental personnel. In this modern age, in the most advanced country in the world, no person should go in want in their Golden Years due to the violent and unpredictable swings of investing in the free market."
Well if Ryan, Bohner and the rest of the R house are going to help Obama confiscate our retirement savings in private companies (the silly idea you are claiming), then why the hell did we want Republicans to take the house?
Hell, Pelosi didn't do that in 2009 when Dems had complete control. At least if she was in charge Dems would be getting the blame,.
Be serious. I remember exactly four years ago dozens of posts here claiming Obama was going to shut down talk radio, 'Hush Rush', but somehow he managed to stay on the air to tell us all the polls were rigged and Romney would win.