Reuters and Zero Hedge posted articles this past week about the EU's serious plan for the wholesale confiscation of the personal savings accounts of over 500 million EU members to prop up their moribund economies. Zero Hedge pointed to the possibility that Obama’s MyRA could end up being the same thing. It’s not just a possibility, Mr. Obama has enunciated this plan in his 2008 and 2013 budgets. He clearly wants the $17.5 trillion in personal retirement savings accounts and he believes the government should be the steward of our money.
