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[DSanner106 AT aol.com]

I did read a story on this in another source earlier in the week
 
_http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/3101399
71&template=printart_ 
(http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/310139971&template=printart)
 


I also read in the AP that Argentina did this very thing this week,  
announcing they were confiscating personal retirement account money and  
transferring 
it to the government.
 
Drew
 
 
In a message dated 11/8/2008 8:19:39 P.M. Eastern Standard Time,  
goosecreekfarm AT gmail.com writes:

I'm not  familiar with The Carolina Journal, either.  Judging only on  its
choice of the word "confiscating," I'm guessing it slants pretty hard  to the
right.  While it may soon seem attractive to many Americans to  convert their
private retirement savings to some SS-based plan, I don't  think it's any
more accurate to say that Democrat leaders are going to  confiscate 401(k)s
than it was to say that John McCain would have put  everyone's SS into the
stock  market.


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