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Obama and the Democrats are Coming After Your 401k
The Lonely Conservative ^
| May 4, 2010
| Human Events
Posted on 05/04/2010 9:18:17 PM PDT by NY Hockey Mom
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To: NY Hockey Mom
I bet they want to put it in 30 year bonds which will completely worthless when the dollar collapses.
I am considering leaving this country for the first time .
To: ground_fog
Dual Citizenship has its advantages indeed.
3
posted on
05/04/2010 9:24:04 PM PDT
by
elpinta
(Jer. 10:23)
To: NY Hockey Mom
Accounts backed by what ??? The toilet paper they put out at the Bureau of Printing & Engraving ???
4
posted on
05/04/2010 9:26:49 PM PDT
by
Lmo56
To: NY Hockey Mom
This fits in perfectly with their latest "You earn too much" confidence game.
In a private system, WE decide how much we're going to sock away for our retirements. Whether 10K, 100K or 10mil. In a public system, a bureaucrat will determine how much we should have for our retirement.
We The People don't count anymore.
5
posted on
05/04/2010 9:35:51 PM PDT
by
HeartlandOfAmerica
(Obama and the Dem Congress will spend $5 trillion every year of his presidency until they break US!)
To: NY Hockey Mom
They can’t even guarantee Social Security!
6
posted on
05/04/2010 9:45:11 PM PDT
by
scott7278
("...I have not changed Congress and how it operates the way I would have liked." BHO)
To: NY Hockey Mom
Anything to get more money for themselves and make you dependent.
7
posted on
05/04/2010 9:47:57 PM PDT
by
TBP
(Obama lies, Granny dies.)
To: elpinta
“Dual Citizenship has its advantages indeed.”
Maybe you could run for President after you become a “dual Citizen”
8
posted on
05/04/2010 10:02:18 PM PDT
by
Hypo
To: NY Hockey Mom
I highly recommend that all FReepers read John Ross “Unintended Consequences”. It’s fiction, but a good read, and he posits a way to deal with unresponsive, tyrannical government.
9
posted on
05/04/2010 10:17:16 PM PDT
by
IncPen
(HEY GORE -- GIVE BACK THE OSCAR! - GIVE BACK THE NOBEL! ANSWER THE HOAX!)
To: NY Hockey Mom
No better way to start a shooting war than take my retirement money.
10
posted on
05/04/2010 10:22:32 PM PDT
by
Uncle Miltie
("young people, African-Americans, Latinos and women" - 0. Ageist, Racist, Sexist.)
To: Uncle Miltie
No better way to start a shooting war than take my retirement money. They are not going to take your 401(k) just give you a guaranteed return on your money through annuitization at retirement (Probably 70 years old). When you die the principal goes to the state. Cash will shore up union and government pensions.
11
posted on
05/04/2010 10:59:52 PM PDT
by
Mike Darancette
(Global Warming™ - Too big to fail.)
To: elpinta
<<
Dual Citizenship has its advantages indeed.
>>
The porous border with Mexico has advantages as well. I’ve been participating in caravans from El Paso carrying bags of cash out of the country. Still trying to decide whether Belize or Costa Rica will be the final destination.
12
posted on
05/04/2010 11:02:33 PM PDT
by
noblejones
(Obama rules!)
To: NY Hockey Mom
To: Mike Darancette
I think they’ll get at your 401k through income taxes. If you have XX amount of 401k savings, your tax rate is the usual plus YY percent.
They will find a way to “even the retirement field” by penalizing those of us who have saved for retirement, while offering tax breaks to those who have not.
They may even be so bold as to adjust social security payouts according to an individual’s 401k situation.
14
posted on
05/05/2010 6:27:21 AM PDT
by
ConservativeWarrior
(In last year's nests, there are no birds this year.)
To: Mike Darancette
15
posted on
05/05/2010 8:00:08 AM PDT
by
Uncle Miltie
("young people, African-Americans, Latinos and women" - 0. Ageist, Racist, Sexist.)
To: Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; Allerious; ...
16
posted on
05/05/2010 7:26:47 PM PDT
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: bamahead
17
posted on
05/05/2010 7:27:29 PM PDT
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: bamahead
18
posted on
05/05/2010 7:30:39 PM PDT
by
wmpok
To: Uncle Miltie
Nope. Shooting war.Agreed.
19
posted on
05/05/2010 7:37:25 PM PDT
by
meyer
To: NY Hockey Mom
20
posted on
05/05/2010 7:38:14 PM PDT
by
jwalsh07
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