Thread: US Dept Labor and Treas hearing Confiscation of Private Reti

This is from a coin dealer, but the comments on the article are interesting.

US Departments of Labor and Treasury Schedule US Departments of Labor and Treasury Schedule Hearing on Confiscation of Private Retirement Accounts
By Patrick A. Heller on September 1st, 2010
Categories: Featured Articles, Gold and Silver Commentary, Precious Metals

On August 26, the US Department of Labor issued a news release (http://www.dol.gov/ebsa/newsroom/2010/ebsa082610.html). It lists the agenda for the joint hearings being held with the Department of Treasury September 14-15, 2010 on what is euphemistically called “lifetime income options for retirement plans.â€

After the IRA's and 401K's are confiscated the government can then just kill off the annuitants and pocket the money since survivor benefits won't be allowed. But of course the government wouldn't dream of doing anything like that, right?

Originally Posted by Justthatguy

After the IRA's and 401K's are confiscated the government can then just kill off the annuitants and pocket the money since survivor benefits won't be allowed. But of course the government wouldn't dream of doing anything like that, right?

You are sooooo right, the end of life counseling in the Obamacare bill is just a nasty rumor too.