There’s over $15 trillion in tax favored retirement plans including some $4 trillion in IRAs. This represents over 35% of all private assets and a massive target for Washington’s inept politicians who desperately need the money to fund their hair brained, half arsed decision making. The country is broke and the deficit is soaring which is why Washington wants to get its meat hooks into this stockpile. But don’t expect there to be outrage – the vast majority of unemployed, underemployed, unionized in failing unions and government employees will think this is a great idea because they get to raid the accounts of successful productive Americans who have saved responsibly.

This is going to be the greatest theft in recorded history promulgated by nothing more than a mob based democracy “where 51% of the people take away the rights of the other 49%” as warned by none other than Thomas Jefferson.