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Is it a wonder that the very wealth that Obama wants to spread around has left the building?
I am guessing that once Democrats have full control, we will start to hear musings about changing our 401Ks since a huge amount of wealth resides in them.
The rich can move their wealth fairly easily (I am guessing Switzerland is doing a lot of business now).
But the people that have relied on storing their wealth in 401Ks cannot "cash out" so easily and move their wealth into overseas accounts (Swiss bank accounts et. al.) where Obama cannot get to it.
Once again, like with the AMT, in our lust to target a few "rich" people, we will find that we are aiming at a mirror.
Too bad the chart isn't included that was in the hard copy. That gives a great visual punch.
CJ
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