All set to retire on your IRA?

Naaso fast, bucko. Teh One has other ideas:

Lame Duck Threat to Bailout Union Pensions

by Connie Hair

10/08/2010

Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone.

Sen. Tom Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci.

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You didn't actually think that was YOUR money, now did you?