Posted on 10/23/2008 6:52:48 AM PDT by indianyogi
McCain -- go after them the Democrates.
The Democrats want to end the private retirement system that has allowed Americans to become a vast investor class and put them back in thrall of the federal government. This is nothing more than a second welfare system that would sit on top of the crumbling Social Security entitlement. It would leave the American working and middle classes with no retirement option other than a government handout. If the Democrats control both Congress and the White House, kiss your 401(k)s goodbye, and get into the bread lines first before the crowd arrives. (via Q&O)
Further proof the best investment right now are soon- to- be- banned guns and ammmo.
The dates are all off by three months (terms run into January, not November and October).
It will make absolutely no difference whatsoever whether it was “before” or “after” tax monies because the dems will seize all of the 401(k), IRA, ROTH IRA, and Keogh plans and replace them with IOU’s called Government Bonds. Upon retirement you cannot “cash them in”. Instead they will give you an annuity check until you die. At which time all leftover asset revert to the government, NOT YOUR LOVED ONES! So, if you die the day after you retire, your wife and children get ZIP!...........This is THIEVERY, PLAIN AND SIMPLE!!!!!!.............
Your Freudian slip is showing.................
McCain can’t run ads. He doesn’t have enough money. Because he passed so much campaign finance reform (read: restrictions on free speech).
Unfortunately, a fact that is lost on too many Americans.
And which is exploited by the dimocRATS.
Will the effect be the same for 403(b)’s as for 401(k)’s?
That was under Democrats...These are communists not Democrats.
Hey! It’s posted again, and gratefully so!
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