Let's end this FReepathon!
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fine, as long as our ‘public servants’ all have the same system as us.
Oh....my....God!
I’d go ahead and die, but I can’t afford the death tax.
...and what better way to make people think this is a good idea than to crash the markets so everyone thinks the market is too unstable for retirement funds....
Did Obama mention this in his campaign? Do his union buddies know about this? What is Social Security? I guess the people who make all the big bucks in DC need to do something, so coming up with other ways to take money from citizens is what they are there to do. Ugh.
I remember when a very intelligent friend from my youth scoffed at me for calling Obama a communist when he was first elected.
If this ever got as far as serious debate in the Congress (which it won’t). The stock market would immediately plunge 10,000 points as everybody emptied their IRA/401-K. Anybody with a lick of sense would rather take the IRS early withdrawal penalty and save some of their money than to lose it all.
Bump
I cannot find the date of this meeting. If it is held at the Treasury Building, does that mean it was sanctioned by the Treasury?
If 401k’s are confiscated. Violence is justified, just as it would be against a stickup man at an ATM. They are playing with fire. People tolerate general attacks on prosperity like more taxes, and bad energy policies.
But an outright theft of savings will result in someone resorting to direct violence against the political perpetrators.
And no trade of getting a social security style pension at the end will protect them. When they confiscate in return for a secure pension, the balance upon death will not be passed onto heirs. The government will keep the change when you die.
Bump
The Rats held a public hearing on this in Dec, 2008 - only a month after his first immaculation.
They are coming for our savings - the ONLY way to get enough money to do what they really want.
REDISTRIBUTION
REPARATIONS
It’s coming, folks!
Even the 3 blind mice, Boehner, McConnell and Cantor can figure out how to win this fight . . .
I HOPE.
WTF is this? Social Security 2.0?!!!!
I’ve known this is coming for years. No bullets will fly, just as they didn’t when Americans started being molested, groped, and irradiated on a daily basis, by affirmative action thugs who couldn’t even get a job at an ice cream parlor. The sheep just keep taking it, not even any civil disobedience like everyone in line sitting down at the same time.
I can’t withdraw mine unless I leave my job.
However, does this mean that all those goobt worker moochers who only worked 20 years, retired at age 50, and now sock it in (or double dip or more) will all be pooled in with us commoners? That might not be a bad deal. An former friend of mine retired from the NPS in SF, regular park ranger. She makes over 35K a year and is only 52. Yes, I chose the wrong route going private sector, apparently.
I never thought that Obamacare would happen. The minute we say this type of thing can’t happen, it does with this government.
Always knew that the government was not going to let trillions of dollars pass tax free in 401ks & 403bs to the middle & upper middle class.
Go here:
http://www.investmentnews.com/article/20081007/REG/810079894
What out for this Teresa Ghilarducci........
Their idea of a new retirement system: you report to disintegration chambers upon retirement.
More importantly he is metaphorically pissing on the grave of Jack Kemp and Bill Roth who gave us 401k's IRA's and the Roth IRA's....
How dare we be empowered and independent since 1982, he is here to change all that, we have to join his collective and be assimilated...