401 k's at risk

So the headline I read stated. The gov is contemplating forcing some sort of annuity for your 401 k. seems too many lost large sums therefore are not smart enough to manage their affairs. While I agree that most have no clue and rely on the same pious hucksters for their advice, the real issue (in my opinion) is that annuities are in general insurance companies buying treasuries and keeping them in a pool for annuity buyers.

It is no secret that foreign buying of our debt is in a free fall and domestic buyers are drying up as well, forcing 401k's to buy annuities will have more capital to buy the nations debt.

Call it a conspiracy, but reality is that there is not enough floating capital to buy the debt we have at auctions now. the banks are already borrowing from the feds at .25% and buying treasuries. (hence no lending, why should they) stay with me here. We all know (at least you should) that the banks leverage every dollar to 10 so the 2.75% off of the borrow/buy fed scam, it equates to 27%. Good work if you can get it.

The insanity keeps coming: SHORT TREASURIES it will be difficult to raise capital at the auctions unless the rates start up.

Later