http://www.carolinajournal.com/artic...y.html?id=5081
"Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration."
Same happened in the Soviet Union before it collapsed. The gov. froze bank and pension accounts before the currency devalued through hyperinflation. People lost all of their savings and pensions denominated in local currency!



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