According to Bloomberg (“Retirement Savings Accounts Draw U.S. Consumer Bureau Attention”), the U.S. government has recently expressed an interest in controlling the private pension savings of U.S. workers.
“The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.”
Oh, yeah. We’re from the government and we’re here to help you. And, despite the fact that we (the gov-co) are broke and bankrupt due to our own gross and even treasonous mismanagement of government tax revenues, we think it’s time that we now “protect” the $19 trillion you peons have saved.