“The largest source of liquid private wealth remaining in the United States are [sic] the $15 trillion in private retirement funds and the ultimate ownership, control and future of these funds have already been compromised and exchanged for the favorable tax treatment of private retirement plans. Congress writes the laws, so they can tax, penalize, hold your funds hostage and although they’d never use the word, ‘confiscate’ your assets at their discretion.”

Read more: Prepare Now to Escape Obama’s Retirement Trap.

See also: Will the Feds Fund Deficits with 401(k)s?.

This entry was posted on Saturday, January 23rd, 2010 at 4:59 pm and is filed under Economy, Freedom, Fascism, & Socialism. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.