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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: Jack Black
I don't think they can get away with it.

Not a very good argument. Think of all the things they have already done, we thought would be impossible.
67 posted on 02/17/2010 6:29:08 PM PST by PeterPrinciple ( Seeking the truth here folks.)
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To: Jack Black

If they can design it so it doesn’t look much like the theft that it really is, then they can get away with it.


162 posted on 02/18/2010 3:29:46 PM PST by savedbygrace
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