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Cry for Argentina
October 22, 2008
The government of Argentina is attempting to seize private pension plans. They say they are doing this to "protect" workers from stock fluctuations, but it is transparently a desperate ploy to prop up the government pension system.
BenefitsBlog notes that there is a movement to do the same thing in the U.S. It would be pushed with the same cynical goal of "protecting" us, and it would be an absolute disaster.
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Comments
You're against government taking private property (businesses) but you are gung-ho for taking private property (personal income taxes) and even ramping up IRS actions against tax protesters?
This strikes me as contradictory.
Is it just that you're ok with government stealing from individuals, but prefer they not do the same with businesses? Or is it something else?
Posted by: George Donnelly | October 22, 2008 11:51 AM