The Democrats in Congress are more than willing to comply. Just last week, House Democrats invited liberal Democrat professor, Teresa Ghilarducci, to testify before Chairman George Miller’s (D-CA) Education and Labor Committee. The director of the Congressional Budget Office, Peter Orszag, referenced the loss of some $2 trillion in retirement savings over the past 15 months. Ghilarducci stated at that hearing that she had the solution for the loss of those retirement savings.

Ghilarducci offered a plan where the federal government would give American workers a $600 annual inflation-adjusted subsidy from the U.S. government, with the requirement that American workers invest no more than 5 percent of their pay into a retirement account administered by the Social Security Administration.

The money in turn would be invested in special government bonds that would pay 3 percent a year, adjusted for inflation.

In other words, the federal government would take over our retirement plans and place it into the Social Security budget. If that is not socialism, I don’t know what is.

The dirty little secret concerning Social Security is the fact that Congress has already taken all the money out of the Social Security trust fund. In 1967, Democrat President, Lyndon Johnson, along with a larger Democrat majority in Congress, elected in 1966, took all the money out of the Social Security trust fund and placed it into the general fund. What did they replace our retirement money with? Nothing but IOU’s called G-Notes.

Will Obama actually go along with Ghilarducci’s scheme? The same scheme embraced by some Congressional Democrats? Obama has already said he wants to make 401(k) savings mandatory. In other words, yes, he will make the confiscation of our retirement money mandatory, and then redistribute that money to the Social Security Administration, where they can rob that trust fund once again.

Make no mistake, a larger Democrat majority in Congress, along with an Obama administration, will lead to a series of socialistic plans that involve the confiscation and redistribution of our hard earned wealth. That is the change that Obama and the Democrats want for us. Yet, change is all we will have left in our pockets when they are done robbing us blind.

This will all be done for our own good they will say. All under the guise of a progressive bait and switch.