A year ago a few very liberal democrats proposed taking your 401(k) turning them into Social Security II.
I predict this idea will be proposed again by the Obama administration to “bailout” all the victims of stock market crash within the next 6 weeks.
If this occurs I will also concluded the actions of Obama in his first 6 weeks in office were intentional and planned according to the Cloward Piven Strategy.
Obama was at Columbia University at the same time as Richard A. Cloward and his wife Frances Fox Piven. Motor Voter, a tool used by ACORN to conduct wide spread vote fraud was the brain child of Cloward and Piven. Cloward and Piven where radical professors and Obama was known to hang radicals at Coumbia. The chances of Obama not being in contact or influence by Cloward and Pivens are IMHO vanishingly small.
Further more George Soros is know to have influenced and profited from economic crashing the Bank of England. The major sell off in our economy just before the election also has his fingerprints. Soros was an early supporter of Obama and substantial contributor.
It appears at this time to this observer that Obama’s actions are intentional. Follow both the pattern of Cloward Piven and Soros.
The final proof to me will be when and if the Administration makes an attempt to socialize private retirement accounts. Between the Stimulus and Omnibus Budget our economic liberties are rapidly being eroded. A major individual remaining bastion of economic liberty is our long term savings and retirement accounts.
It is my opinion this is all is part of a plan. Part of that plan will be to socialize our retirement and pension accounts. Watch for it. I would love to be wrong, and Obama is just a bumbling fool wreaking the economy through incompetence. If a move on retirement accounts and pensions occurs soon any doubts I have will vanish.