Thursday, March 25, 2010

How secure is your 401K Money?

How secure is your 401K Money?

A month or so ago, the idea of mandating 401K accounts include an option to own government bonds was floated. Now we see this idea. When things like this start to appear, how long do you think it takes before they start inquiring about other workers retirement accounts? The deflation and shortage of money is going to get so bad that government and it's minions will seek to grab cash wherever they can find it.

See Denninger's Post below for more info also:

http://market-ticker.denninger.net/archives/2121-Bend-Over-America-Now-The-SEIU-Wants-Your-401k!.html

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