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Eyeing Your Pension: Are 401(k)s safe from congressional Democrats? (They want it ALL!)
WSJ ^ | 10/23/08 | JAMES TARANTO

Posted on 10/24/2008 5:39:26 PM PDT by Libloather

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1 posted on 10/24/2008 5:39:26 PM PDT by Libloather
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To: Libloather

“all your life are belong to us”


2 posted on 10/24/2008 5:40:20 PM PDT by xcamel (Conservatives start smart, and get rich, liberals start rich, and get stupid.)
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To: Libloather

Democrats won’t be satisfied until they have taken all of your money, and you are left poverty stricken


3 posted on 10/24/2008 5:41:51 PM PDT by realcleanguy
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To: Libloather

Another issue McCain should grab with both hands and run with it. Big time.


4 posted on 10/24/2008 5:42:33 PM PDT by Williams (It's The Policies, Stupid.)
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To: realcleanguy
Democrats won't be satisfied until they have taken all of your money, and you are left poverty stricken

After almost two years of Democrat control of Congress, we've already lost about a third of our 401Ks.

5 posted on 10/24/2008 5:43:32 PM PDT by TwelveOfTwenty (How much money has your 401K lost since the Democrats took Congress?)
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To: Libloather

They can have it. I only got 600 left in there anyway. Pulled out when I saw Barney Frwank let the cat out of the bag. “ Don’t worry there are still plenty of rich people out there we can tax”. To me that is the most telling quote of the election.


6 posted on 10/24/2008 5:43:37 PM PDT by screaminsunshine
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To: Libloather

I thought they just wanted to tax the 401 investments going in, as if that wasn’t bad enough. Now they want to force us to trade our investments for government debt - they essentially want us to buy social security bonds? They’re going to turn perfectly peaceful middle class Americans into firebombing revolutionaries.


7 posted on 10/24/2008 5:45:31 PM PDT by gotribe (obama just sucks)
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To: realcleanguy

They better not even try. Rush was hitting this today..I missed most of it, but we need to spread the word.
Some of us still think we can do better than the govt at retirment..and some of us didn’t take a hit in Aug..cause we are smart little ants.
The grasshoppers are trying to take over and they will raid our storehouses and impoverish us all.
This has been a line from Jesse Jackson and the Black Caucus for some time..they want our retirement funds..


8 posted on 10/24/2008 5:46:11 PM PDT by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
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To: Libloather

$12 trillion in retirement plans. Probably now about $8 trillion. Obama will need it for all the millions of illegals he plans to import from Africa and the Middle East to insure your vote NEVER counts again.

Donate, volunteer and GOTV.


9 posted on 10/24/2008 5:46:33 PM PDT by Frantzie
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To: realcleanguy

They better not even try. Rush was hitting this today..I missed most of it, but we need to spread the word.
Some of us still think we can do better than the govt at retirment..and some of us didn’t take a hit in Aug..cause we are smart little ants.
The grasshoppers are trying to take over and they will raid our storehouses and impoverish us all.
This has been a line from Jesse Jackson and the Black Caucus for some time..they want our retirement funds..


10 posted on 10/24/2008 5:46:43 PM PDT by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
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To: Libloather
I copied an article regarding this and put it in the teacher's lunch room.

It woke up a few people.

I have been stashing away $200 every paycheck in a TSA, for over 15 years preparing for my retirement.

I hate those people.

11 posted on 10/24/2008 5:47:02 PM PDT by mware
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To: Williams

I agree. This could be a vote getter for Republicans. Who would trust their 401k with the Govt.?


12 posted on 10/24/2008 5:47:48 PM PDT by machogirl (when the call comes at 3:00 am, what if the teleprompter is broken?)
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To: realcleanguy

is this proposal for an optional or mandatory system?


13 posted on 10/24/2008 5:48:16 PM PDT by itsPatAmerican
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To: Libloather
A 55-year-old who lost 20% of his 401(k) because of the recent stock market decline

Should consider himself lucky. Some of us are down close to 50%...

14 posted on 10/24/2008 5:48:18 PM PDT by Riodacat (Legum servi sumus ut liberi esse possimus.)
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To: Oldexpat

I heard Rush and I was so pi$$ed. What about the Roth IRAs? When I converted my IRA to Roth, I paid a hefty tax.

Will I get that back if the Feds take over?


15 posted on 10/24/2008 5:50:24 PM PDT by DLfromthedesert
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To: Frantzie

When Clinton was in office, Rubin used to use the Thrift Savings Plan of federal employees to prop up the stock market when it was going down.


16 posted on 10/24/2008 5:50:59 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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To: itsPatAmerican

mandatory. They are going to take your money and pay it to big businesses in the form of bail outs. At least that is what they have been doing lately


17 posted on 10/24/2008 5:53:46 PM PDT by realcleanguy
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To: TwelveOfTwenty

And if they had their way, you would be broke, out of work, and dependent on them right now


18 posted on 10/24/2008 5:54:22 PM PDT by realcleanguy
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To: itsPatAmerican
..is this proposal for an optional or mandatory system?

..no no...you have a choice

19 posted on 10/24/2008 5:55:42 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: xcamel

Somebody set us up the Obama.


20 posted on 10/24/2008 5:56:23 PM PDT by muleskinner
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