The government says so....
That's what these folks thought. Now they are getting a "one time" haircut of either 6.75% or 9.9% depending on how much money they have in their accounts.
More and more I think I'd rather have my savings in a vault in my home....
Maybe precious metals....Gold, silver, brass and lead.
Especially the last two....
Couldn't happen here in the US though.......COULD IT?
I keep hearing rumors that the DNC type folks are eyeing IRA's and 401 K's and such as their next cash cow.....
Read this, then:
ReplyDeletehttp://communities.washingtontimes.com/neighborhood/politics-blue-collar/2013/feb/3/your-401k-about-be-nationalized/