Rush talked about this today. They will do away with the 401k plan. Your money goes into social security, you die your family does not get it all back, only 50%, as the death tax cuts it by half, it is administered by the SS system, you get no tax benefit, THUS you go into a higher tax bracket EVEN THOUGH you put money into this account. So, the US GOVERNMENT basically owns your retirement account, you die, your family does not get it all back.
I remember hearing Obama at one of his rallies laughing and agreeing with a supporter when the supporter said his 401K was looking like a 101K because of the financial crisis...guess we know now what Obama was actually laughing about...and thinking..."sucka"...
"....Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.
House Education and Labor Committee Chairman George Miller, D-California, and Rep. Jim McDermott, D-Washington, chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, are looking at redirecting those tax breaks to a new system of guaranteed retirement accounts to which all workers would be obliged to contribute.
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. She testified last week before Miller’s Education and Labor Committee on her proposal...."
The New School for Social Research
The Department of Political Science at The New School for Social Research takes a distinctive approach to the study of politics. We emphasize the theoretical dimension of political analysis with regard to both political explanation and normative evaluation. We focus on the historical roots of contemporary political forces and problems. Faculty members are interested in how institutions shape political life, in the intersection between political and cultural processes, and in classical and current versions of political economy.
Students belong to a community of scholars constituted by faculty and students from The New School for Social Research as a whole. The Department of Political Science contributes to this community through classes, research projects, and conferences.
For example, the International Center for Migration, Ethnicity, and Citizenship, directed by Aristide Zolberg, engages in research, policy analysis, and graduate education bearing on international migration, refugees, and the incorporation of newcomers into host societies. Visiting professors are an important part of our department’s life. These distinguished scholars join our faculty on a regular basis and help supervise students’ work, including dissertations.
The New School is one of the sources sited in the article.
Faculty: Political Science Dept.
Andrew Arato, Dorothy Hart Hirshon Professor of Political and Social Theory
Banu Bargu, Assistant Professor in Political Science
Daniel Dayan, Visiting Professor
Carlos Forment, Associate Professor of Sociology
Nancy Fraser, Henry A. and Louise Loeb Professor of Political and Social Science
Ellen Freeberg, Assistant Dean, New School for Social Research and Affiliated Faculty, Political Science
Philip Green, Part-Time Faculty
Victoria Hattam, Department Chair and Professor of Political Science
Agnes Heller, Hannah Arendt Professor of Philosophy and Political Science
Mala Htun, Associate Professor of Political Science
Courtney Jung, Associate Professor of Political Science
Andreas Kalyvas, Assistant Professor of Political Science
Ronald Kassimir, Associate Professor of Political Science
Riva Kastoryano, Visiting Professor
James Miller, Professor of Political Science and Liberal Studies
Timothy Pachirat, Assistant Professor of Politics
David Plotke, Historical Studies Department Chair, Professor of Political Science
Ross Poole, Adjunct Professor of Political Science and Philosophy
Sanjay Ruparelia, Assistant Professor of Political Science
Aristide Zolberg, Walter P. Eberstadt Professor of Political Science; Director of the International Center for...
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Economics:
The Department of Economics offers a broad and critical approach to the study of economics, covering a wide range of schools of thought, including Keynesian and post-Keynesian economics;
the classical political economy of Smith, Ricardo, and Marx; structuralist and institutionalist approaches to economics; and neoclassical economics. The courses of study emphasize the historical roots of economic ideas, their application to contemporary economic policy debates, and conflicting explanations and interpretations of economic phenomena, within the context of a rigorous training in the conceptual, mathematical, and statistical modeling techniques that are the common methodological basis of contemporary economic research. The department's work centers on the changing shape of the world economy; its financial markets and institutions; problems of regulating and guiding economic development in the advanced industrial world and in emerging markets; complexity in economic systems; and the economic aspects of class, gender, and ethnic divisions.
Faculty:
Lopamudra Banerjee, Assistant Professor of Economics.
Lucas Bernard, Part-time Faculty Member
Michael Binder, Part-Time Faculty
Duncan Foley, Leo Model Professor of Economics
Teresa Ghilarducci, Professor of Economics.Bernard L. and Irene Schwartz Chair in Economic Policy Analysis.
M. Ali Khan, Part-Time Faculty
William Milberg, Associate Professor of Economics
Deepak Nayyar, Distinguished University Professor of Economics
Salih Neftci, Professor of Economics Edward Nell, Chair and Malcolm B. Smith Professor of Economics.
Willi Semmler, Professor of Economics.
Anwar Shaikh, Professor of Economics
Lance Taylor, Arnhold Professor of International Cooperation and Development. Director, Center for Economic Po...
McCain needs to be screaming this from the rooftops this week. I can't think of a more galvanizing issue. Think about it... Marxism... they are taking your property and giving you a government stipend. Google Kulaks and puke...
