Skip to comments.
Fed to Steal State Pension Funds?
American Daughter - Front Page ^
| August 22, 2009
| Earl Voak
Posted on 08/22/2009 9:25:05 PM PDT by Earl Voak
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 101-106 next last
Does anyone have more info on this? Very alarming if true.
1
posted on
08/22/2009 9:25:06 PM PDT
by
Earl Voak
To: Earl Voak
2
posted on
08/22/2009 9:28:01 PM PDT
by
The Mayor
(A friend is the first person who comes in when the whole world has gone out)
To: Earl Voak
State sovereignty. It's the only hope we really have at this point. If Obama makes a grab for state money, he may find himself with an open revolt.
And to be honest, I think that's what he wants. The way he pushes hot buttons, I pretty much believe that he's trying to make his opponents make the first move and initiate rebellion. At that point, he will feel more empowered to get down and dirty and start governing like an actual dictator.
3
posted on
08/22/2009 9:31:20 PM PDT
by
ClearCase_guy
(Play the Race Card -- lose the game.)
To: The Mayor
4
posted on
08/22/2009 9:32:10 PM PDT
by
jessduntno
(Privatization + Inter-State Sales + Individual Policies + Tort Reform = Healthcare Reform)
If he wants rebellion, then he’s going to get it. However, I’m not so sure that the military will back him up; he’s going to need their support to stay in power. Otherwise, he’s history. We’ll have our own Nuremberg trials in DC, and Obama, Pelosi and Reid will all be marched to the gallows for treason.
To: Earl Voak
Exactly what was done in Argentina.
To: Earl Voak
The Pension Benefit Guaranty Fund could declare state pension funds insolvent and take them over. They shouldn’t be able to legally but look at the auto and bank takeovers. They followed a similar pattern. Declare the institution insolvent, take it over ‘for it’s own good’. The Delphi auto pension, for instance, is already Federalized. I wouldn’t shrug this off.
7
posted on
08/22/2009 9:36:25 PM PDT
by
allmost
To: Earl Voak
Wait...state pension funds like those that support unions like AFSCME and SEIU? Well, they do fully support everything this administration proposes, all I can say is welcome to the opposition. LOL
8
posted on
08/22/2009 9:37:42 PM PDT
by
JrsyJack
(There's a little Jim Thompson in all of us)
To: Earl Voak
Flash point. Are they really this stupid?
9
posted on
08/22/2009 9:37:44 PM PDT
by
glock rocks
(health care, gun safety and climate change are strawmen. It's all about CONTROL.)
To: glock rocks
10
posted on
08/22/2009 9:40:07 PM PDT
by
mojitojoe
(Socialism is just the last “feel good” step on the path to Communism and its slavery. Lenin)
To: Earl Voak
11
posted on
08/22/2009 9:40:18 PM PDT
by
Empireoftheatom48
(Zero will never be my President, never!!!!!)
To: Earl Voak
Gee, it is so nice that Dems decided to own this crisis. They may have thought that they can pull FDR II. However, U.S. economy is buckling under huge debts, public and private. This time around, FDR-style policy would be their path to doom.
12
posted on
08/22/2009 9:40:52 PM PDT
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: ClearCase_guy
State sovereignty. It's the only hope we really have at this point. If Obama makes a grab for state money, he may find himself with an open revolt.
Absolutely he wants CW II. He is on tape stating the Constitution is seriously FLAWED. I hope everyone is ready cause IMHO it is just around the corner - watch his every move, and you too will become a believer.
13
posted on
08/22/2009 9:42:46 PM PDT
by
Cheerio
(Barack Hussein 0bama=The Complete Destruction of American Capitalism)
To: glock rocks
Flash point. Are they really this stupid?That was a rhetorical question..... right?
BTW, most of our CA pensions are broke.
14
posted on
08/22/2009 9:44:18 PM PDT
by
umgud
(Look to gov't to solve your everday problems and they'll control your everday life.)
To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
[a blogger at] a Tea Party Townhall Meeting in Salado, Texas with US Representative John Carter (R-Round Rock) issued the warning. She said, "Representative Carter informed the crowd that talk has been bandied about Congress to appropriate every state's pension plans into the bankrupt Social Security System."
15
posted on
08/22/2009 9:45:06 PM PDT
by
SunkenCiv
(https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
To: Earl Voak
The groundwork of limiting private equity firms from participating in the banking industry has already begun. The Feds are requiring double, or more than double, Tier-1 capital in some cases to participate in these numerous bank takeovers. It’s directed against private funds and state pension funds. The signs are there.
16
posted on
08/22/2009 9:45:41 PM PDT
by
allmost
To: Earl Voak
Can someone explain exactly what a “state pension fund” is. Would this be private companies or what?
To: allmost
Could you please expand on your post?
Thanks
18
posted on
08/22/2009 9:47:51 PM PDT
by
investigateworld
(Abortion stops a beating heart)
To: investigateworld
Sure thing. Which part in particular?
19
posted on
08/22/2009 9:49:54 PM PDT
by
allmost
20
posted on
08/22/2009 9:50:21 PM PDT
by
potlatch
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 101-106 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson