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Class Warfare's Next Target: 401(k) Savings
Investor's Business Daily ^
| 2-17-2010
| By NEWT GINGRICH AND PETER FERRARA
Posted on 02/18/2010 8:03:31 AM PST by Red Badger
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To: domenad
21
posted on
02/18/2010 8:18:24 AM PST
by
Renegade
("Bring it on while I still don't need glasses to shoot your eye out ")
To: Red Badger
This gambit won’t poll well. =)
I think we should “death panel” it.
22
posted on
02/18/2010 8:23:47 AM PST
by
y6162
(q1)
To: Mama Shawna
Agree. However, remember this: no where in recent time has the US Congress done anything to reduce its size, i.e. eliminate its pet project social programs, etc.
IOW, not one piece of legislation has unlegislated any prior bills / spending / programs. It's all been tax & spend & growth of the goobermint and no matter who we put into office, nothing will be done to eliminate federal spending programs before they seize the 401K accounts with a promise only.
23
posted on
02/18/2010 8:24:13 AM PST
by
RSmithOpt
(Liberalism: Highway to Hell)
To: Red Badger
Amendment IV The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
Bring it on.
24
posted on
02/18/2010 8:27:08 AM PST
by
oyez
( damnant quod non intelligunt)
To: DCBryan1
Actually, I’m surprised your suggestion isn’t happening already.
25
posted on
02/18/2010 8:28:40 AM PST
by
Dead Corpse
(III, Oathkeeper)
To: Red Badger
“In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years.”
I am not interested in social security II.
26
posted on
02/18/2010 8:28:50 AM PST
by
DonaldC
(A nation cannot stand in the absence of religious principle.)
To: Red Badger
27
posted on
02/18/2010 8:29:54 AM PST
by
mrmeyer
("When brute force is on the march, compromise is the red carpet." Ayn Rand)
To: Dead Corpse
Feh. The financial institutions that house these plans will happily turn them over to the Feds. I’m guessing the majority will suck it up. A few will go Postal, but they’ll be easily neutralized with our militarized police force and Patriot Act powers. So it goes.
28
posted on
02/18/2010 8:33:53 AM PST
by
Wolfie
To: Red Badger
29
posted on
02/18/2010 8:34:08 AM PST
by
CPT Clay
(Pick up your weapon and follow me.)
To: Red Badger
DON’T THINK THEY HAVEN’T PREPARED FOR INSURRECTION! WHY DO YOU THINK ALL THOSE ILLEGALS HAVE BEEN LET INTO THE COUNTRY BY BUSH AND OBAMA, AND THE MUSLIM BROTHERHOOD SO FAWNED OVER BY OBAMA? ONE THING THOUGH, WE OUTNUMBER THEM. :)
30
posted on
02/18/2010 8:36:57 AM PST
by
Paperdoll
( PLEASE FORGIVE THE CAPS. I HAVE M.D..)
To: Red Badger
What are RPG’s goin’ for now on E-Bay?
31
posted on
02/18/2010 8:36:59 AM PST
by
tbpiper
To: Red Badger
Jessie Jackson used to talk about raiding retirement accounts. Maybe the best place to put money anymore is in buried jars in the back yard.
32
posted on
02/18/2010 8:37:24 AM PST
by
DonaldC
(A nation cannot stand in the absence of religious principle.)
To: Red Badger
33
posted on
02/18/2010 8:38:20 AM PST
by
Matchett-PI
(Sowell's book, Intellectuals and Society, eviscerates the fantasies that uphold leftist thought)
To: Mama Shawna
Wonder how many of my lib friends with 401ks will respond.I bet you hear more than once "Well, the govt. has to get money from somewhere to pay off the debt."
34
posted on
02/18/2010 8:41:29 AM PST
by
raybbr
To: Red Badger
NOW I see the need for riot police.
35
posted on
02/18/2010 8:46:43 AM PST
by
ROTB
(Repeal to 1789, for the children. The moslems, however, still support him b/c heÂ’s pro-terror.)
To: massgopguy
I’d rather be a witness to Mrs. Tyson riding the “Mare of Steel” or be guillotined.
These people are dumber than rocks.
They have NO IDEA the mood of the people right now......
36
posted on
02/18/2010 8:46:57 AM PST
by
lgjhn23
To: Red Badger
I'm beginning to wonder if it is worth it to liquidate all of my tax deffered accounts, take the hit for the penalty and taxes and to put that money into tangible assets?
Lose half now or all later?
I continue to believe that these *&$¥^*$# are trying to provoke a violent reaction.
37
posted on
02/18/2010 8:51:49 AM PST
by
Drill Thrawl
(Another day, another injury, another step closer. Are you prepared?)
To: Red Badger
In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years. Over my dead body. And I mean it. I'll pull all funds out of any retirement vehicle (and gladly suffer the withdrawal penalties) so fast, their heads will spin.
38
posted on
02/18/2010 8:54:43 AM PST
by
Bloody Sam Roberts
(An armed man is a citizen. An unarmed man is a subject.)
To: Drill Thrawl
That’s exactly how they wan’t you to react ;0)>
39
posted on
02/18/2010 8:57:09 AM PST
by
BradtotheBone
(Moderate Democrat - A politician whose voting record leans left and whose vote can be bought.)
To: Red Badger
I warned y’all ‘ bout this a year ago.
40
posted on
02/18/2010 8:58:16 AM PST
by
wastoute
(Government cannot reistribute wealth. Government can only redistribute poverty.)
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