Nmysys wrote: I posted the story and the link to read it. It stated that there was a recess hearing to discuss these matters. Any old reports, if this is true, would be irrelevant, would they not? I didn't write it, but found it disturbing. Since I do not have a 401K any more, I did this to alert the community to what I read. Since I have LJ on ignore, I don't even bother to read here rebuttals. You can ignore this or check it out. I have gotten some pretty good information in the past from Market-Ticker.org.
Well, I did follow the links and most all the reports came from a conservative web site humanevents.com. After going about 4 deep in links, I did find a link to the department of labor. But that link no longer works.
So despite the articles using the claim of the government "seizing" or "distributing" 401k's, I can't yet find any evidence to support such claims, and the same claims made 2 years ago about the same proposals were pure bunk.
So if anyone can give us the name of a proposed law to "seize" our 401k's, or so any such serious discussion, this is just politics as usual with no real basis to it.
