In response to:

Obama’s Success: The Poor Get Poorer, And The Rich Get Poorer

Dave12182 Wrote: Apr 11, 2013 5:02 PM
It's not just the money. IRA's represent independence from the government. That is intolerable to a statist like Obama. All must be dependent on government all of the time, so flashes of independence such as IRA's must be snuffed out. The only tolerable retirement income must come from social secruity or lavish governmental pensions like Obama's.

President Barack Obama wants your money now. Like, right now.

Talking Points Memo has the details … breathlessly:

“A new provision in Obama’s budget ‘[e]nds a loophole that lets wealthy individuals circumvent contribution limits and [ac]cumulate millions in tax-preferred retirement accounts,’” Talking Points Memo wrote, quoting a budget summary released by the White House, which will reveal its new budget Wednesday.

I can’t wait!

OK, so basically, the guy chronically incapable of self-restraint when it comes to federal spending is going after people who save money for retirement by imposing a caps on IRAs. His argument...