I'm guessing the government intervention that scared Catherine to IULs is the conspiracy theories that Obama is going to confiscate everyone's 401ks and IRAs. I never said "confiscate." That's your interpretation.If, however, you google for "obama administration eyes trillions in retirement accounts," you will see several discussions on this point.If Owebama were to attempt to actually CONFISCATE retirement accounts, I do believe Americans would revolt. Physically.But he doesn't have to forcibly confiscate retirement accounts to do great damage to America and thus advance his socialist agenda.He could, for example, force IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts.Or something along those lines.
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