Would Obama, Dems Kill 401(k) Plans?

401 K, 457, Roth

Just one more fine example of the Pelosi crowd. I will pull out every cent, and put it CD's. Forget the lost money. Let the stock market go straight down.

Obama cannot leave anything alone. The Democrats are so drunk on power, they disgust me.

Al Ostertag of AZ @ Mar 01, 2009 18:47:28 PM

government takeover of 401K accounts

Note to the Federal Government: Keep your thieving hands off of our 401K funds. You already squandered our Social Security funds. Why would the American people trust you with our personal retirement savings?

S. DeVault of IN @ Mar 01, 2009 16:18:34 PM

401k Socialist Theft

Any moron who supports Obama and his tax cheating Treasury chief taking our retirement 401ks -- so they can spend the money NOW -- is deserving of the slavish poverty and government dependency that they are trying to call down on all of us.

Freedom of choice, freedom of the market, and freedom of speech, NOT government socialism!

Moosefeathers of CO @ Feb 21, 2009 15:02:09 PM

Retirement accounts

Didn't Bill Clinton use the so called "Social Security Surplus" to balance the budget when he was in office and put IOUs in the fund? Do not recall reading that it was put back either-all you hear now is Soc Sec is almost broke-If the money was put back--it would not be broke - If Washington would hire all of us that grew up in the 30s,40s & 50's to administer all these so called bailouts, Tarps, Mortgage loans, free money for nonsense programs, I'll guarantee there would be no mismanagement of funds. All would have to sign out for the money, bring receipts for what was purchased etc, even a pencil and tablet. PROVE WHERE THE MONEY IS GOING- We are the generation of workers that were reliable,hard working, honest, and high morals and your word was your bond. Was taught to give an honest days work. Maybe"we" should teach some of the old cronnies in Washingtonin a course in honest spending-no foolishness slipped in--After all, we are the generation with a degree in LIFE. Why say you Washington?

Mary Sellers of TN @ Feb 21, 2009 00:49:51 AM

KILLING THE 401k - GOOD IDEA OR NOT?

Question.....since we're becoming a socialist country, does the stock market and Warren Buffett's prognostigations on it's future mean anything? One correction to the article above, Ms Ghilarducci's plan calls for 3% return above inflation (if inflation is 3.5% you get 6.5%)....Does this change anyone's opinion?

Vincent Florio of PA @ Feb 18, 2009 12:11:36 PM

would obama and congress kill 401k?

Thanks for a great interview.

If the doubters still do not know what "spreading the welth means" listen carefully to this 'social' professor talk and get informed about your 401k.

Remember: socialism has not worked!

geoff kaestner of TX @ Jan 28, 2009 17:33:22 PM

better socialism than sorry

Sorry, but I dont' want MY money, that I worked so hard for, in the hands of greedy capitalists. Look around you Mr. Pethokoukis, people are getting screwed out of their retirement funds left and right.

Socialism is not a bad word.

Jen of MT @ Jan 26, 2009 11:08:13 AM

Better than Privatized

With how things are going in the privatized market, people getting screwed out of their pensions and 401K's left and right by people like Kenneth Lay and Madoff, I'd rather have my future money in the hands of a guaranteed program than in the hands of greedy capitalists.

SOCIALISM IS NOT A BAD WORD

DeeDee of MN @ Jan 26, 2009 11:06:08 AM