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Dems Target Private Retirement Accounts
Carolina Journal ^ | November 04, 2008 | Karen McMahan

Posted on 11/11/2008 7:00:44 AM PST by MelSmith

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Did you read about this in your local paper? No??

BoycottCorruptMedia.org

http://www.BoycottCorruptMedia.org

1 posted on 11/11/2008 7:00:45 AM PST by MelSmith
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To: MelSmith

Dear God in heaven they’re already going after our property.


2 posted on 11/11/2008 7:03:17 AM PST by Niuhuru (Fine, I'm A Racist and Proud Of It!)
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To: MelSmith

It’s in The Malden Observer in the Regime Change column. By the way, this would raise everybody’s Adjusted Taxable Income.


3 posted on 11/11/2008 7:04:04 AM PST by massgopguy (I owe everything to George Bailey)
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To: Niuhuru

Rush has been on this story for weeks.


4 posted on 11/11/2008 7:05:07 AM PST by Eric in the Ozarks
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To: MelSmith
I doubt they will do it anytime soon because of the negative publicity this has generated. Libs will bide their time and take it later after people have forgotten about it or just don't care anymore.


5 posted on 11/11/2008 7:05:49 AM PST by darkwing104 (Lets get dangerous)
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To: Niuhuru

To do this would, of course, constitute socialism on a universal scale. If the Federal government bought up the public’s shares in corporations, it would effectively own the corporations.


6 posted on 11/11/2008 7:06:50 AM PST by popdonnelly (Don't lose sight of your conservative principles.)
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To: MelSmith

As time marches on I begin to wonder if there is actually any way to AVOID another Revolution/Civil War...


7 posted on 11/11/2008 7:07:23 AM PST by EnigmaticAnomaly ("Democrats: Seeking an easy life at someone else's expense for 150 years")
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To: Niuhuru

If you in the slightest surprised, you weren’t paying attention for the past few several years.


8 posted on 11/11/2008 7:08:06 AM PST by Turret Gunner A20
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To: MelSmith

This has to be the 10th time this has been posted.


9 posted on 11/11/2008 7:08:11 AM PST by johniegrad
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To: MelSmith
Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs

That this will happen, if not now, later, is a given.

10 posted on 11/11/2008 7:08:51 AM PST by Jim Noble (I have read a fiery gospel, writ in burnished rows of steel)
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To: MelSmith

Because it’s not real yet being lame Duck congress. We sell this as a tax increase on the other 95%. Bring it on! We need nice juicy issues like this to rally the public against. In fact we need to not spook Pelosi too soon on this crazy stuff(so we dont need the press too soon) , then we start “the Pelosi economy” Talk and how she will give us SS IOUs for our 401Ks. If Pelosi makes it voluntary it wont be an issue that helps us, You see??


11 posted on 11/11/2008 7:10:37 AM PST by sickoflibs ( Those who don't learn from (real big) mistakes are losers forever)
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To: MelSmith; massgopguy
When asked whether committee members seriously were considering Ghilarducci’s proposal for GSAs, Aaron Albright, press secretary for the Committee on Education and Labor, said Miller and other members were listening to all ideas.

Listening? They are "listening" all right. Dems use "hearings" to gin up support for their already predetermined conclusions. They want that cash and they want it now. These "hearings" simply put a patina of wisdom from an "outside" source on the label. If things go awry they can always point to the "person" who gave them the "bad advice." They have drooled over these accounts for more than 2 decades. Now that they are huge and ripe for picking, even at the down market prices, they will rape the retirement accounts in the name of "SECURITY". After all it's not "fair" that you "rich bastards" have an IRA or 401(k) or a Keogh plan and the lazy good for nothings have none................

12 posted on 11/11/2008 7:11:04 AM PST by Red Badger (Hey! Look on the bright side! At least Joe Biden is out of the Senate!..........)
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To: MelSmith

You changed the title of this news Article from the Carolina Journal, it has already been posted

Dems Target Private Retirement Accounts
carolina Journal ^ | November 04, 2008 | Karen McMahan

Posted on Wednesday, November 05, 2008 9:39:05 PM by AmericanMade1776

http://www.freerepublic.com/focus/f-news/2126622/posts


13 posted on 11/11/2008 7:11:22 AM PST by AmericanMade1776 ( Obama Happens! Not my Fault!)
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To: MelSmith

What’s ours is theirs!!!!


14 posted on 11/11/2008 7:11:23 AM PST by onlylewis (libs want a two class system, one rich one poor)
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To: Niuhuru

Won’t be long before they grab the change from under all of our couch cushions!


15 posted on 11/11/2008 7:11:54 AM PST by tiredoflaundry (With all the WH leaks to come, it proves the country needed a plumber!)
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To: Niuhuru

If they do, its time to kill!


16 posted on 11/11/2008 7:12:55 AM PST by Renegade (You go tell my buddies)
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To: MelSmith

Let’s not get all hyperventilated over something before we know it’s true. Ric Edelman on his Sunday, November 9th, investment show on WLS Talk Radio (Chicago) discussed this in depth. He went back through the entire scenario including this woman’s (Teresa Ghilarducci) testimony. Folks, they are NOT looking at confiscating our 401k plans. They ARE looking at 401k plans because they historically haven’t preformed as well as expected (they don’t provide sufficient income to retirees). Also, personal investments in 401k plans are far lower than the maximum allowed.

I’ve found Ric Edelman to give pretty good investment advice. I’ve also found him to be fairly conservative and no Obama supporter (he’s flatly stated on air he’s a Repbulican). Unless proven otherwise, this is a non-issue.


17 posted on 11/11/2008 7:13:07 AM PST by bcsco (Liberals don't understand, it's impossible to pick up a turd-like Obama-by the clean end...)
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To: MelSmith

MelSmith member
Since Nov 7, 2008

I see you are new here, before posting a new Thread, you have to do a Title Search to see if it has been posted or not. And if you post a News Article, you have to use the EXACT title of the News Article.


18 posted on 11/11/2008 7:13:08 AM PST by AmericanMade1776 ( Obama Happens! Not my Fault!)
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To: EnigmaticAnomaly

The mass exodus of liberals to Canada would be worth a civil war. Could you imagine an America with little or no gov’t regulation on private ownership, business, education, and energy?

We’d be mining Mars in 15 years!


19 posted on 11/11/2008 7:13:48 AM PST by struggle ((The struggle continues))
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To: MelSmith

Honestly, would we really march on Washington? Would we revolt? How much would it take to get people to respond? Are too far gone? Are we too afraid to take such a course? Would the military revolt with us?

I can just imagine the bloodshed.


20 posted on 11/11/2008 7:14:03 AM PST by McKayopectate
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