At some point debts must be paid, and ugly debts results in ugly solutions. No one, I don’t think, really imagined France would simply seize all of the property owned by the Catholic church to pay its debts in 1792… until they did.
This is in response to the confiscation of wealth from private citizens in Cyprus, and the fear that it could happen here through pensions or 401(k)s. But, it is already happening here through quantitative easing and ObamaCare. Our government cannot steal in the daylight like Europe because we still have guns. Our government must be more creative, or the low information voters might actually catch on when their paychecks are smaller.