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Class Warfare's Next Target: 401(k) Savings
Investors.com ^ | February 17, 2010 | NEWT GINGRICH AND PETER FERRARA

Posted on 02/17/2010 5:40:59 PM PST by Kaslin

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To: LoneRangerMassachusetts

Newt is so smart. He sees this stuff and understands it. The other candidates don’t have a clue.


21 posted on 02/17/2010 5:49:40 PM PST by ReyTurner
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To: LibLieSlayer
Well Said!
Ditto!
22 posted on 02/17/2010 5:50:17 PM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: Kaslin

Save yourselves... abolish the government.


23 posted on 02/17/2010 5:52:16 PM PST by Brilliant
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To: mylife

You got that right brother.

Added some more “steel” to the portfolio today.


24 posted on 02/17/2010 5:52:57 PM PST by Tijeras_Slim (Live jubtabulously!)
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To: Kaslin

Could be profitable for the Government if they can pass healthcare....1st they take your 401k...***nothing for your children to inherit then they don’t let you have the operation you need..............


25 posted on 02/17/2010 5:52:58 PM PST by blueyon (The U. S. Constitution - read it and weep)
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To: ought-six

and dead bodies


26 posted on 02/17/2010 5:52:58 PM PST by ldish (Looking forward to Independence Day)
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To: Kaslin

No they don’t! This will be war.


27 posted on 02/17/2010 5:53:58 PM PST by comps4spice (Obama = Going a long way in making Jimmy Carter look competent.)
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To: Tijeras_Slim

Good man.


28 posted on 02/17/2010 5:54:11 PM PST by mylife (Opinions: $1.00 Halfbaked: 50c)
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To: Fiddlstix

Thank you!

LLS


29 posted on 02/17/2010 5:55:38 PM PST by LibLieSlayer (hussama will never be my president... NEVER!)
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To: Kaslin

Seriously folks, if you want your money you’ve socked away in these vehicles, I strongly urge you to get them cashed out ASAP. especially if you’re not working, it will be less of a blow to your AGI. Take the 20% hit, it is better to have 80% and have your money you can put in a bank or credit union (or across several) rather than the government having it and parceling it back out to you.


30 posted on 02/17/2010 5:55:58 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Kaslin

I w=always wondered what would trigger an actual revolution in this country.

This may be it.


31 posted on 02/17/2010 5:56:02 PM PST by Red in Blue PA (If guns cause crime, then all of mine are defective!)
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To: BipolarBob
I already have the option to go with an annuity at retirement. What they’re really saying is they want limit your choices to just T-bond based annuities.Really, what they are saying is they are going to confiscate your 401K and turn it into an annuity. Instead of you being able to take your money out at 59 and do whatever you want with it you will have no control. It will just be "enhanced social security".

I don't think they can get away with it. Meaning it will cause, at least, a political revolution. Democrats will be thrown out of office in even BIGGER numbers than is going to happen already, and the law will be overturned. Obama impeachment would certainly be on the table, and passing it through a Republican controlled house, regardless of what happens in the Senate, as was the case with Clinton, will serve as a very time consuming and effective check on his ability to do more harm to our nation, in the event he is still in office.

32 posted on 02/17/2010 5:56:11 PM PST by Jack Black
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To: LoneRangerMassachusetts

Our infamous SC justice in the Kelo case.


33 posted on 02/17/2010 5:56:11 PM PST by AndyJackson
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To: ought-six

Do you honestly believe they care? Half of them WANT a revolution so they can purge us out.


34 posted on 02/17/2010 5:56:44 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: clintonh8r

Yes. Either way they think they win. Go along with it, they achieve certain goals. Don’t and they achieve others.


35 posted on 02/17/2010 5:57:55 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: ReyTurner

Rush did an hour on this 4 and a half weeks ago. Newt is just now processing it.

LLS


36 posted on 02/17/2010 5:58:01 PM PST by LibLieSlayer (hussama will never be my president... NEVER!)
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To: ought-six
This would bring on a revolution.

My IRA literally is all I have. They take that, they will get lead in return.

37 posted on 02/17/2010 5:59:04 PM PST by steve86 (Acerbic by nature, not nurture)
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To: ought-six
This would bring on a revolution.

And it should.

38 posted on 02/17/2010 5:59:25 PM PST by EGPWS (Trust in God, question everyone else)
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To: Red in Blue PA

“This may be it”...trust me...”IT will be it!”


39 posted on 02/17/2010 5:59:30 PM PST by ldish (Looking forward to Independence Day)
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To: Kaslin
"'Choices' have a funny way of turning into mandates,

Freedom has a funny way of turning into tyranny. Tyrants (in America) will have a funny way of going extinct like they don't in crappy, thirdworld countries. It all hinges on the 2nd ammendment, folks.

They're here and they're queer. Lock and Load.

40 posted on 02/17/2010 6:02:15 PM PST by budwiesest (It's that girl from Alaska, again.)
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