Investor's Business Daily:
Already Congressional Democrats are plotting the expropriation of Americans' private 401(k) and IRA retirement savings accounts in favor of "a guaranteed income." If bank accounts can be casually expropriated in Cyprus to pay for big-spending governments and bailouts, there is no reason a nice slice of the $19 trillion in retirement accounts can't get the same treatment.First, They Came For The Cypriots...
If it happens, it will signal the end of individual freedom and the return of feudalism.
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