Sadly, they are NOT joking.
The latest brainfart to emanate from the Obma-Soetero Mis-adminsitration is the idea to "annuitize" 401K's-IRA's. [Read: the Gov't wants to take your retirement money in exchange for, say a 2.5% return (less 'fees') as a new source of funding for a too-big-to-function government and all of the bailouts you've been benefitting from.]
The idea is wrapped in an enticing "we don't want people to run out of money in retirement" fig leaf, but make no mistake.....the idea is simply "hey, we're broke but those shnooks still have a few bucks left so let's shake them down for it! They'll swallow THIS!
- Never mind that Social Security has been bankrupted and bled-dry of cash, or that we're wrecking Medicare/Medicaid in the name of Helath Care Reform. Yup! Government has done SO well with all of its programs over the years that surely we can trust them with another one involving TRUSTING THEM WITH OUR RETIREMENT MONEY!
There is no longer any sense of shame left in Washington. Neither is there ANY good intention towards the population outside the beltway and this government parasite we are now faced with.
Well, I'm Taxed Enough Already...and you can "annuitize THIS" you crooked assholes
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