Unions Want to Take Over Your 401(k)

"a plan that will centralize all retirement plans for American workers, including private 401(k) plans, under one new retirement system for the United States...

With the uncertainty in today's global economy, creating a whole new federal entitlement for American workers may not be easy to accomplish for these groups or their allies on Capitol Hill and in the Obama administration, as America's creditors are already getting nervous."

http://moneynews.com/StreetTalk/unions-401k-pensions/2009/03/17/id/328862