Any time the government says it wants to “help you,” you should be worried…
As reported in Bloomberg, the U.S. Consumer Financial Protection Bureau is considering whether or not it should take on a role in helping U.S. citizens manage their retirement savings.
Folks, this reeks of yet another government scam designed to screw taxpayers.
Bureau Director Richard Cordray told reporters the agency is exploring this option and is interested in terms of what authority it has.
Translation: We’re looking for some kind of loophole that allows us to get at even more of your hard-earned money.