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To: justlurking
If Congress tries to make retroactive changes for prior contributions, there is going to be a huge flight of capital out of these accounts, and it will shake the financial markets to the core. It will make the mortgage crisis looks like a hiccup.

The goal of the 0bama Regime is to destroy the United States of America.

37 posted on 11/29/2012 1:50:00 PM PST by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: ArrogantBustard
The goal of the 0bama Regime is to destroy the United States of America.

As I said above, let him try. Then, there will be no doubt.

As long as the Republicans hold the majority in the House, no confiscation of privately-held retirement accounts is going to happen. I'll bet on it.

But, I'd really like to see Congressional Democrats try. They won't, because they aren't that foolish. Have you forgotten how much campaign money they get from the financial services industry?

40 posted on 11/29/2012 2:10:49 PM PST by justlurking (tagline removed, as demanded by Admin Moderator)
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