From: World Net Daily
Feds eyeing private money to finance deficit?: Fiscal policy appears headed toward policy like Argentina's
http://www.wnd.com/?pageId=197889
The federal government is refusing to confirm it wants to create new "Retirement Bonds" to be purchased – mandatorily – with the assets in private Individual Retirement Account and 401(k) programs, but it appears to be moving that direction.
Treasury officials declined to rule out the possibility of creating R-Bonds as they confirmed a joint hearing scheduled with Treasury Department and Department of Labor officials in September will explore the "lifetime income option" for Americans using their retirement accounts. . . .
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