 forced investment of your 401k money with china and other lender countries becoming more and more reluctant to lend america money the obama administration and the democrats in washington continue to spend with reckless abandon with the prospect that future loans to the government may begin to cost more because of a downgrading of our moody rating the democrats may be looking to you and me to be the source of their future funding under the guise of the nice sounding name of retirement security the federal government obama and the democrats are looking to force anyone who is contributing to a 401k plan to put a certain percentage of their withheld monies into guaranteed retirement accounts do you honestly believe the federal government will be an effective administrator of a retirement program i thought they had already tried that with social security and we all know how well that worked out hopefully by now you have become aware that anything the democrats are proposing has a political agenda is the intent to get control of our money to prop up the failing union pension plans or to borrow the money like they did with the social security trust fund to pay for other essential services they have manufactured you should have real concerns regarding the changes obama and the democrats are proposing be made to the current 4011k retirement plan structure their proposal would eliminate the favorable tax treatment currently afforded 401k plans require a percentage of your withheld monies go into your government guaranteed retirement account allow the government to make your investment decisions for you even though 90 of the 401k plan holders are satisfied with their plans the obama administration and the democrats are insisting they need to reform the system to guarantee the future retirements of the people in america congress needs to realize they are not in the business of determining what is best for our futures this move is just another attempt to encroach into more areas of our lives where they do not belong you control your future vote for people who will represent your interests and who will uphold your constitutional rights and privileges this november submitted for publication to the owosso independent the st johns dewitt informer the laingsburg independent the perry independent on may 25 2010 published in the  