[TurboZamboni]

Minnesota's pensions are 17.3 billion in debt. Democrats want a new system to fund their old system. Biggest backer of this is SEIU.

[defconw]

We fled Minnesota last year. Good luck to all the good people stuck there with the Communists.

[TexasFreeper2009]

What worries me is that 401(k)’s haven't even been around that long. They have basically only been around for 35 years. Which means that those who were just starting their working lives at around 25 years old are just now approaching 60.

Which means for all these years those funds have been unavailable for taxation and to help drive the economy. It will be interesting to see how the flood of money coming out of those 401(k)’s will affect things in the coming years.

My wife and I will have over a million easy in our 401(k) by the time we retire, that's money that has never been taxed.

[napscoordinator]

Interesting. So if you work at McDonald’s, the state is going to take money from you and then when you are 67, you will get a monthly check. If only we could be 100 percent sure that would happen.

[I want the USA back]

Little by little they get their claws into everything that we own. They give it a nice sounding name and tell us everything will be all right.
But their end goal is complete and total seizure of all assets, all the means of production, and all property.
Don’t fool yourself. This is what they want to do.

[Buckeye McFrog]

Only a matter of time until they implement it nationally.

[GeronL]

What could possibly go wrong? /sarc

[G Larry]

ALL Conservatives in Minn. need to run ads decrying this governmental theft of your retirement savings.

Then, the citizens of Minn. need to start showing up at the capital, loudly protesting this theft.

[Pollster1]

That is one of the most dangerous and predictable ideas to come out of tiny little liberal minds since ObamaCare.

[Organic Panic]

BUT BUT BUT... It is for women’security. It says right in the bill’s title. If you are against having the government take over your retirement funds you hate women.

[Rusty0604]

Yes, in CA the unions want money taken out of private employee’s paychecks, put into the public employee’s underfunded pension with a discount rate of less than half of what public employees are promised. Of course if there is not enough money in the future to pay all the distributions, the public employees have sacred contracts so they get their money first.

[Dead Corpse]

No. I’ll start killing Legislators if they attempt to seize my retirement assets.

Not a threat. Promise.

[nascarnation]

Seems perfectly in line with what a state with Al Franken as Senator wold embrace.