Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: IYAS9YAS
I’m glad I have 25 more years to go before retiring. My 401k is down 30% over the last 6 months.

And your 401k will be gone if Obama is elected President. Was just watching Greta Van Susteren talking to Rush via phone on Fox, and Rush says it's a done deal between Pelosi and Obama to confiscate everyone's 401k and merge it with Social Security. Your 401k would be converted with the value it held as of August 2008. The government would manage your assets, how nice of them to help you spread your wealth.

10 posted on 10/27/2008 7:26:35 PM PDT by roadcat
[ Post Reply | Private Reply | To 7 | View Replies ]


To: roadcat

Just been hearing that today. Gotta spread the word. If they try this, I think they will be rounded up and put out of business. They may wind up with a fillibuster-proof majortiy, but a round in the chamber is a fillibuster in and of itself.


11 posted on 10/27/2008 10:36:32 PM PDT by IYAS9YAS
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson