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.

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