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The Feds Want Your Retirement Accounts
American Thinker ^ | 2-22-13 | John White

Posted on 02/22/2013 5:57:57 AM PST by radioone

Quietly, behind the scenes, the groundwork is being laid for federal government confiscation of tax-deferred retirement accounts such as IRAs. Slowly, the cat is being let out of the bag.

Last January 18th, in a little noticed interview of Richard Cordray, acting head of the Consumer Financial Protection Bureau, Bloomberg reported "[t]he U.S. Consumer Financial Protection Bureau [CFPB] is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency's first foray into consumer investments." That thought generates some skepticism, as aptly expressed by the Richard Terrell cartoon published by American Thinker.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Politics
KEYWORDS: 401k; 401ks; cfpb; democrats; ira; obama; republicans; retirementaccounts
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To: Psalm 73
They see the end-game nearing and ONE THING stands in their way - 80 million Americans holding 300 million firearms.

Most of us are smart enough to know that Democide always happens once they have total control.

Might as well go out fighting.

41 posted on 02/22/2013 9:28:44 AM PST by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: radioone

If this took place, blood would be pouring in the streets, and many in power in government executed. That a’int gonna happen.


42 posted on 02/22/2013 9:37:29 AM PST by catfish1957 (My dream for hope and change is to see the punk POTUS in prison for treason)
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To: Psalm 73
Except me, of course - guns are scary and bad so I traded mine for farm equipment....

Me too, except all of mine fell in the lake last week after a nasty boating accident.

43 posted on 02/22/2013 9:41:00 AM PST by catfish1957 (My dream for hope and change is to see the punk POTUS in prison for treason)
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To: Ezekiel
*Retirement* accounts? Pharaoh will not allow the slaves to rest from their burdens. Now they must find their own straw, yet still produce the same number of bricks.

Describes to a tee the burden of the hard working taxpayer under PharO Tutti Frutti.

44 posted on 02/22/2013 10:35:42 AM PST by 444Flyer (Obama killed the Twinkie, but not the Terrorists in Benghazi. What's wrong with this picture?)
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To: ClearCase_guy

LOL, you don’t know how I vacilate between those thoughts and others or whether I am the crazy one.


45 posted on 02/22/2013 12:22:04 PM PST by tiki
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To: GeronL

no....I mean the same thing I meant when I said “Tea Party”....


46 posted on 02/22/2013 12:55:35 PM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: E. Pluribus Unum; Brooklyn Attitude; radioone

47 posted on 02/22/2013 4:14:30 PM PST by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: radioone

bttt


48 posted on 03/21/2013 2:59:45 PM PDT by petercooper
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