For our protection, of course. Estimated private retirement accounts at almost $20 trillion.
http://www.zerohedge.com/news/2013-0...count#comments
I've heard rumors about this for the last couple of years. Looks like they may be warming up in the bullpen. The CFPB is the new federal agency created as a result of the financial meltdown via the Dodd-Frank bill. They are under the Federal Reserve, so not much in the way of direct accountability to Congress.
This could be the greatest robbery of all time. It would certainly offset record deficit O has racked up. I am sure it's just coincidence that the $17 trillion deficit is a little less than the $19 trillion in account balances. Hell, they'll have a couple trillion left for some new social welfare programs.
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