Yeah, that's right -- that money you earned won't go in your savings account, but in the account of someone that John Edwards views as more worthy of your hard-earned dollars.

Among the proposals, Edwards would make long-term savings easier for low-income families with "Get Ahead Accounts" that would match savings up to $500 per year. He also would provide a tax credit he calls work bonds, which would also be matched and would go directly into savings accounts. He proposes exempting the first $250 in interest, capital gains and dividends to allow low-income families to get a start on savings tax-free.

This is a whole new level of government transfer payments -- not only will the federal government continue seeing that basic needs are met (not a power delegated to it by the Constitution, but a reality for decades), but now it is going to engage in a little wealth-building for them by guaranteeing that they all have savings accounts and regular deposits by Uncle Sugar.

Don Surber comments on another aspect of the Edwards plan.

OPEN TRACKBACKING AT Outside the Beltway, Perri Nelson's Website, Blog @ MoreWhat.com, DeMediacratic Nation, 123beta, Adam's Blog, Right Truth, Stuck On Stupid, Webloggin, Cao's Blog, The Amboy Times, The Bullwinkle Blog, Leaning Straight Up, , Conservative Cat, Conservative Thoughts, Pursuing Holiness, third world county, Woman Honor Thyself, The Crazy Rants of Samantha Burns, The World According to Carl, Pirate's Cove, Nuke's news and views, Blue Star Chronicles, The Pink Flamingo, Wyvern Dreams, CommonSenseAmerica, Dumb Ox Daily News, High Desert Wanderer, Church and State, and Public Eye, thanks to Linkfest Haven Deluxe.