Friday, October 24, 2008

Would Obama, Dems Kill 401(k) Plans?

Would Obama, Dems Kill 401(k) Plans?
October 23, 2008 10:47 AM ET James Pethokoukis Permanent Link Print
I hate to use the "S" word, but the American government would never do something as, well, socialist as seize private pension funds, right? This is exactly what cash-strapped Argentina just did in the name of protecting workers' retirement accounts (Efharisto, Fausta's Blog). Now, even Uncle Sam isn't that stupid, but some Democrats might try something almost as loopy: kill 401(k) plans.

FULL POST: http://www.usnews.com/blogs/capital-commerce/2008/10/23/would-obama-dems-kill-401k-plans.html

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