Nothing will be off the table with these turds in power. We’re not talking about an experiment in socialism, we’re talking about taking a direct route to 1970’s Russia. God help us.
Talk about misappropriation of the language. There is no federal subsidy of 401K’s. Only in Washington could a tax break be called a “subsidy.”
Spreadin’ the wealth.
Pay attention to what is stated here: everything that is not taxed is a government subsidy.
Everything you earn belongs to the Democrats first and they ALLOW you to keep whatever they say you deserve -- Whatever you deposit in your bank account is now a government subsidy.
You are officially owned by Democrats. Property rights and individual freedom are just obstacles in the way of "kind-hearted" Democrats.
Your labor is no longer private property.
These types of ideas are the very nuts-n-bolts of communism.
Coming soon to an American household near you?
Hey that’s great! So a stay at home like myself who has not worked in years due to raising five kids and not being recognized by the Ass*oles in Washington that we have a REAL job get totally shafted!
Heaven forbid something happens to spouse! I guess I better stock up on One A Day for men! Why the he*l isn’t McCain screaming about this?!!!!!
Not JUST no, but HELL NO!!!!
What do you bet, IRAs will be next?
Great. Hubby and I have contributed for twenty years to social security and I seriously doubt that we will ever see a dime of it. Now, we’re supposed to contribute to this and we’ll probably see 10 cents on the dollar because we have to bail out all of the irresponsible people who didn’t save!!!!!
Democrats are all about spreading poverty (except for themselves, of course).
Great. So we are FORCED to give for ANOTHER social-security-stlye Ponzi scheme.
I knew, I just KNEW that the 401k thing was a longterm scam. That’s why I never really bothered. It struck me that someday they’d come and steal it.
Gee...I wonder if the Congressional retirement benefits will be included too? After all, it’s the only fair thing to do.
And the sheeple are lined up, waiting breathlessly to vote for the chosen 0ne who will take their money away and spread it around.
Simply amazing.
This is just plain villainy.
Social Security is such a disaster that of course the Dim response would be to create another one - Social Security II.
Maybe we should all just up and pull our money out now blaming it on fear of what the DEMONS are planning to do. What kind of damamge to our financial system do think that will cause?
Stupid, criminal actions like this will spell the end of the US. This LibTard garbage will lead to a second revolution, IMO.
From the article: “ “I want to spend our nation’s dollar for retirement security better. Everybody would now be covered” if the plan were adopted, Ghilarducci said.”
These dimwits can’t tell the difference between MY money and any other money. The gubmint DOES NOT have any MONEY, apart from what they extort from the citizenry, or print (fiat money; which devalues the money of the citizenry).
This should be hammered by McCain and Palin, all day long. It is things like this that spell the difference between the DhimmiRats and any sane folks remaining in the country.
Can you say over US$20 TRILLION sitting in finance companies in the Bahamas, Bermuda, Grand Cayman Island, Panama, Singapore, Switerland, etc. by the end of Obama's first term in office? That US$20 trillion staying here in the USA under more favorable tax circumstances would single-handedly cure our economic woes in a few weeks!
It's stupidity like this that is all the more reason to replace the current unwieldy Federal income tax system with FairTax.
Time for a revolution. If this gets me kicked off here, so be it. This is INCREDIBLE.