Posted on 10/24/2008 8:50:03 AM PDT by TSchmereL
AND NOW . . . amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke. . . it is time for . . . that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-the-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, the Mandarin of Talk Radio, with talent on loan from G-d, at the cutting-edge of societal evolution, with half his brain tied behind his back — just to make it fair, the all-knowing, all-caring, all-sensing, all-feeling, Maha-Rushie! America's anchorman, truth detector, and doctor of democracy. A Real Man, a living legend, a way of life. Commander in Chief of U.S. Operation Chaos. Chief Waga-Waga El Rushbo of the El Conservo Tribe. Chief of the Patriotism Police. A Weapon of Mass Instruction. El Rushbo (a little Spanish lingo, there). He is the man who is running America (you know it and I know it). He knows the Democrats like every square inch of his glorious naked body. He is ready to do what he was born to do--that's host. Get ready to what you were born to do--that's listen (and post your comments on the Rush Limbaugh LIVE Radio Thread).
IT'S OPEN LINE FRIDAY
Tuesday Weld
http://www.google.com/search?hl=en&q=Tuesday+Weld&aq=f&oq=
Aren’t Weld and Mimieux the same person?
Sheesh!
It sure sets precedence for the Gubmint to control anyone’s wealth
Who has a link to what Rush is discussing right now (401K’s being stolen by feds?)
The Democrat proposal being discussed by Rush is giving me a headache. I’m going to take a couple of Excedrin.
And since campaigns can't give them away that is truly theft. Can you buy a new one?
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Welcome to The New School.
One of the great pleasures of being President of The New School is experiencing the energy and vitality that flows from our classrooms, studios and performance halls, and infuses the entire campus. That’s what happens when you take a mix of innovative graduate schools, colleges and arts conservatories in the world’s greatest city - and give them the space to experiment, share ideas and interact in unconventional ways. The quest for original ideas and the respect for democratic ideals led to our creation nearly 90 years ago and they’re still among our most important traditions.
Now that you’re here, explore - and visit often to see what’s new at The New School.
I’ve been lucky...there doesn’t seem to be that nonsense in my neighborhood.
Man, oh man! I’m just listening to the details of this 401(k) stuff. Jeez Louise. If the Dims get their way on this, I might as well stop working now, get a farm, and go off the grid.
GO VOTE, people! I’ve done my part, you do yours to get Obama and the other commies out of our lives.
Rush mentioned all pension funds, 401k’s, government pensions? I would LOVE to get my hands on that article. I have alof of fence sitting friends that pensions and 4501k’s.
Well, I had originally picked it up (free) at my local GOP HQ.
I called them to find out if I could get another one, and they said they are out of them because “they are stolen as fast as we put them up.”
Since 2001, Bob Kerrey has been president of The New School, a university founded on strong democratic ideals and daring educational practices, and well-suited for his leadership.
Throughout his career in public service, while serving as a governor and U.S. senator from Nebraska during the 1980s and 1990s, Bob Kerrey advocated for increased education spending. He continues to do so, recognizing that democratic life flourishes most when all citizens are properly educated and given every chance to participate in the political process. In his view, the United States has an obligation to work with the rest of the world to expand opportunities for all people. That is why he supports active diplomacy, foreign aid and free trade. Such support led him to serve on the Senate Select Committee on Intelligence and to become an active member of the 9/11 Commission.
You don’t even see the full ramifications of this potential 401k seizure. What they are doing is putting limits on the American dream. They are trying to make sure that Americans do not accumulate wealth, at least not any more wealth than is “fair”.
They are making sure that retirement from work is retirement from life. After all, they will need to preserve the precious medical dollars for the more productive people in our society.Seniors will be a drain on society and will not be an important voting block, either.
the policies this Muslim would lay down are not as scary as the enforcers who will enact em........soon Obama will look like Farraknan.....goons w/ guns everywhere
If that happens, it really will be like the Soviet Union conquered us. Between naked confiscation of wealth, and blatant supression of Free Speech (Unfairness Doctrine), they are determined to turn our country into another Banana Republic. Maybe they should remember that under those conditions, the peaceful transfer of political power ceases to exist.
“Who has a link to what Rush is discussing right now (401K’s being stolen by feds?)” ~ workerbee
Here it is:
BEST OF THE WEB TODAY
OCTOBER 23, 2008
Eyeing Your Pension
Are 401(k)s safe from congressional Democrats?
By JAMES TARANTO
http://online.wsj.com/article/SB122477680834462659.html
If you have a 401(k) or equivalent retirement plan, you’ve probably been watching nervously the past few weeks as your nest egg has shrunken owing to the current turmoil in the markets.
Well, it could be worse. But don’t take heart, for what we mean is it could get worse. The market turmoil has some politicians on Capitol Hill eyeing the end of the 401(k) as we know it. Workforce Management reports on a hearing of the House Education and Labor Committee earlier this month:
A plan by Teresa Ghilarducci, professor of economic-policy analysis at the New School for Social Research in New York, contains elements that are being considered. . . .
Under Ghilarducci’s plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration. The money in turn would be invested in special government bonds that would pay 3 percent a year, adjusted for inflation.
The current system of providing tax breaks on 401(k) contributions and earnings would be eliminated.
“I want to stop the federal subsidy of 401(k)s,” Ghilarducci said in an interview. “401(k)s can continue to exist, but they won’t have the benefit of the subsidy of the tax break.”
Ghilarducci outlined her plan last year in a paper for the left-liberal Economic Policy Institute, in which she acknowledges that her plan would amount to a tax increase on workers making more than $75,000—considerably less than the $250,000 Barack Obama has said would be his tax-hike cutoff. In addition, workers would be able to pass on only half of their account balances to their heirs; presumably the government would seize the remaining half. (Under current law, 401(k) balances are fully heritable, although they are subject to the income tax.)
Sounds pretty unappealing, doesn’t it? But in her congressional testimony, Ghilarducci offered a sweetener:
Short-term I propose . . . that the Congress allow workers to swap out their 401(k) assets, perhaps at August levels, for a guaranteed retirement account—just a one-time swap. . . .
How would this work? You go back to your districts and meet up with a 55-year-old who had had $50,000 in his account last month and now has $40,000 in the account. He can swap out that $50,000, valued in August, for that guarantee of what would become, if he retires at 62, a $500 a month addition to Social Security.
A 55-year-old who lost 20% of his 401(k) because of the recent stock market decline was investing more aggressively than he should have, given his age. Ghilarducci proposes to reward this imprudence in exchange for dramatically limiting everyone’s ability to take risks (and enjoy the corresponding rewards) and for greatly increasing government control of Americans’ retirement funds.
It is by no means a certainty that Congress or a President Obama would embrace such a proposal, but this is a direction in which things may move if the Democrats make big gains next month.
Perfect color for the ACORN flag and shirts.
**If many New York Republicans are so liberal, why are they Republicans?**
Compared to the “Oppositiion”, they are RIGHT WING!
Democrats in NY make STalin look like a MODERATE
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