Obamas Government Moves To Seize All Americans 401k Pensions According to recent reports, a Supreme Court ruling last week could open the door for Obama to start stripping Americans of their 401(k) pensions. Martin Armstrong, a respected economist, recently warned that the outcome of Tibble v. Edison could put hardworking Americans at risk, by leaving it up to their employers to protect their 401(k) plans. If they are invested in mutual funds that dont perform well, the federal government may be able to seize private funds. Between the court ruling and the Obama administrations push for stronger fiduciary rules, Armstrong warns that the ruling sends a strong message that government can much easier seize the pension fund management industry of course to protect the consumer. This also leaves the door open for them to seize private pension funds when the economy gets messy. This creates a very gray area wide enough to justify public seizure of pension funds under management, Armstrong concluded, adding that this could symbolize a move toward economic totalitarianism. What do you think? Are you sick of Obama stripping Americans of their rights? 