Obama Begins Push for New National Retirement System (Occupy Your Savings)

National Seniors Council ^

[Heartlander2]

A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.

[MtnClimber]

A way to bail out the failed government union pension systems.

[jwalsh07]

I don’t believe this will ever happen in my lifetime but if it does I’ll die keeping them away from my money. And I don’t die easy.

[gov_bean_ counter]

Obie has often talked about finding a way to “pool all our assets to give everybody a fair shot”. People shoulda seen this one coming too...

[Venturer]

Ramming Speed.

This is just the beginning folks.

Stand by for the ram.

[polkajello]

Commie-jerk

[A_Former_Democrat]

Hey media, minorities, union dues payers, youth . . .

See? We told you so.

[Hemingway's Ghost]

This has been floated before, as other posters have said.

If the government actually tries to do this, that's when the bullets start flying.

[NonValueAdded]

This was known before the election; it was not a secret. It should be clear to all but the dimmest bulb that the RATs were projecting when they cried out about all those things Romney and the Republicans would do.

[Publius]

First floated by the St. Louis Fed in a scholarly paper in 2004. It was intended to natioanlize the retirement plans to plug holes in the deficit during a time of financial crisis.

Something nasty is afoot.

[beckysueb]

Oh crap! We are retired and figured we would probably have to give up the SS checks but had planned on living on hubbys retirement check and money from our rent house.

[DoughtyOne]

If it wasn’t so tragic, this idea would be laughable.

So Obama thinks the way to fix things isn’t to turn Social Security into a private fund, it’s to take all private funds and turn them into the present Social Security.

Looks like the leading Socialists he’s been talking to, have won the day.

I will take this time to apologize to any rocks I may have offended in the past. This guy isn’t intelligent enough to compare to rocks.

Please forgive my insensitivity.

[Paladin2]

Bammy needs and wants a wealth tax, ‘cept for the political class.

[Cletus.D.Yokel]

I’ve been predicting 401(k) conversions since ObamaCare was passed.

[cableguymn]

I thought we already had one. They call it social security.

[stockpirate]

There is a couple of ways to protect yourself, one is withdraw all your funds NOW, the other involves firearms.

[Wurlitzer]

If this is not the Thomas Jefferson line in the sand then we have no business being Americans.

This without a doubt will be the last straw they pile on my back.

[Rightly Biased]

He said he would foundationaly change America...

[TurboZamboni]

no bullets will fly because they’ll implement it like Obamacare and most other things marxist do...incrementally.

the frogs in the slow boiling pot.

By the time the media cover it, if they ever did, it’ll be done.

[mojito]

Yes, but it’s the evil Repugs that want to “privatize” SS, and create a Medicare “voucher” system.

How dare you have control of your own finances.

It’s time to let 0bama have your money. You can’t be trusted with it. He’ll take real good care of it, and of you.