Michael, I’ve been discussing this with folks for years. I knew, and still think, that day will come. Knowing that Obama is a glorified God and a seasoned crisis-monger, that time has come. Outside of serious libertarians, when I talk about this, people have looked at me like I’m the mother of all nutbags. Notice the cutesy name for theft of assets: Guaranteed Retirement Accounts (GRAs). “Guaranteed” is the key word. That word should give the sheeple all the confidence they need to stand back and let the fascist thieves take the money and run.

It’s wise to think of withdrawing your 401k, taking the penalty and tax hit, and getting out. It has to be done before the government puts a freeze on any withdrawals (as I am sure it will do at some point), and doing so after December 31st gets you a tax deferral.