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Obama Begins Push for New National Retirement System..401K at risk?
National seniors ^ | 11/11/2012 | National Seniors

Posted on 11/16/2012 7:16:48 AM PST by mikelets456

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To: mikelets456

retirement from what ? there will eventually be no jobs at all.


41 posted on 11/16/2012 7:55:07 AM PST by kingattax (99 % of liberals give the rest a bad name)
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To: mikelets456

All your nest eggs belong to us!


42 posted on 11/16/2012 7:55:17 AM PST by MichiganCheese (The darker the culture, the brighter your light can shine.)
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To: Triple
It involves setting up a mandatory retirement account, and funding it through payroll.

We already pay social security premiums. We're already doing that.

They want us to all pay TWICE? Once for us, and the other for some do nothing freeloading scrounge?

Screw that. People had better start learning how to live on less and what grows around them, otherwise they'll be even more enslaved than they are today.

Move off the grid, folks. Let the freeloaders starve or change. Give them a choice.

(We can survive without big governments money, but big government can't survive without ours.)

43 posted on 11/16/2012 7:56:05 AM PST by concerned about politics ("Get thee behind me, Liberal")
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To: mikelets456

401(k)? That’s just a tax loophole for the rich. You didn’t save that!


44 posted on 11/16/2012 7:56:21 AM PST by MichiganCheese (The darker the culture, the brighter your light can shine.)
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To: mikelets456

Don’t kid yourself. The leftists have their eyes on retirement savings accounts. They HATE it when hard-working honest people save up some money that they earned legally. They WANT TO TAKE AS MUCH OF IT AS THEY CAN GET. They will find a way, with a complicated law, to grab it. The law will be deliberately confusing, so a brain-dead public will not be able to understand it.
Make no mistake! They want it!

Under communism, all are equally poor and miserable, except the privileged elite. (In the USA, the privileged elite is the ruling political class)


45 posted on 11/16/2012 7:56:49 AM PST by I want the USA back (Don't doubt me.)
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To: EEGator; Flycatcher

Honestly, I didn’t think we’d make it through the last four years.

I hope I’m wrong about the next four years as well.

Don’t worry, I won’t be starting the party without good cause.


46 posted on 11/16/2012 7:57:29 AM PST by Dead Corpse (I will not comply.)
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To: massgopguy

He is not only going to touch it. He is going to take it if it is where he can.


47 posted on 11/16/2012 8:02:00 AM PST by sport
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To: mikelets456

The failed Plymouth commonwealth experiment comes to mind.

Everyone nearly starved to death.


48 posted on 11/16/2012 8:03:01 AM PST by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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To: EQAndyBuzz

If you were paying attention, he went after them after he was first sworn in. The Democrats were squabbling over how to do it and working on obamacare when the 2010 election derailed it.


49 posted on 11/16/2012 8:05:22 AM PST by sport
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To: Dead Corpse; Flycatcher

They will suck, but we’ll make it through the next four years too. America has been through some dark times, but it always pulls through. Just don’t give up.


50 posted on 11/16/2012 8:05:58 AM PST by EEGator
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To: mikelets456

I can guaran-d*mn-tee CW-II if those clowns even THINK of touching my 401. And that includes debasing it by Krugmanning my money by printing worthless dollars.

Go ahead, Obamadorkfelons, make our day.


51 posted on 11/16/2012 8:07:36 AM PST by Da Coyote
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To: Belle22
"Take loans out on them & then repay very slowly,...."

Sounds like wise counsel - we don't get creamed in penalties for a loan, we take the cash and Zero gets IOUs.......

52 posted on 11/16/2012 8:08:45 AM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: EEGator; Flycatcher

“Give up” isn’t in my lexicon. ;-)


53 posted on 11/16/2012 8:08:57 AM PST by Dead Corpse (I will not comply.)
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To: Triple

Sooo, how’s this different from Social Security?


54 posted on 11/16/2012 8:11:19 AM PST by SargeK
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To: Da Coyote

Everyone should check the terms of your 401.
The trick lately is to make it so you can’t take the money out or roll it into a private IRA.
The next step is to remove any cash equivalent account.
Then the next “safest” account available wont say so up front, but will be treasury heavy.
This is a de facto confiscation.


55 posted on 11/16/2012 8:11:58 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Dead Corpse

That’s what I like to hear.


56 posted on 11/16/2012 8:14:05 AM PST by EEGator
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To: Dead Corpse; EEGator
“Give up” isn’t in my lexicon. ;-)

But "Bring it!" sure is.

Gonna be an interesting year. I can't look beyond that. Four more years of totalitarian encroachment is just unthinkable.

57 posted on 11/16/2012 8:14:10 AM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: Flycatcher
But "Bring it!" sure is.

I'm known to some as being a bit pugnacious. ;-)

58 posted on 11/16/2012 8:16:36 AM PST by Dead Corpse (I will not comply.)
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To: Flycatcher; Dead Corpse

Just try not to stress on it too much. What happens, happens. You’ll drive yourself crazy if you dwell on it.


59 posted on 11/16/2012 8:18:38 AM PST by EEGator
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60 posted on 11/16/2012 8:19:16 AM PST by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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