|
|
Posted on 02/26/2010 5:11:27 AM PST by SonOfDarkSkies
Time to start calling your freaking Congress critters and tell them you will not take this sitting down.
I have always wondered how they would get ahold of all that money. I always knew they would and am glad I never got involed in it. Just another Socialist scheme. Beware of Governments bearing gifts.
In essence, this forces you into either a fee-based or "Fee-Only" "NAPFA" model whether you want to or not. That is a moral decision or financial decision for you to do so. This is the heavy hand of Gov't. FORCING you into these models.
That P!$$es me off, taking away your choice of how you want to run your practice....
BTW...
You know although the deductibility is harder since it now has to cross the $2500 threshold, that the average Joe can already go seek independent advice for their 401k's. It could be done (not a recommendation) with a low price point with someone like "The Mutual Fund Store". But that raises a broader issue of our Colleges and Schools (NEA) producing a generation of Financial Dummies that are not taking charge of their own futures and being proactive to do so....
Fabian socialists, at it again. Bit by bit.
Who will protect retirement funds from Joe Biden’s co-horts?
Lock and load when they come for our savings accounts.
Apparently, you are supposed to get exactly no income for doing your job. That would require the government to step in, wouldn’t it?
Yes, don’t worry. The government will protect your retirement savings. Just sign it over to them.
SET THEIR LOCAL AND DC LINES ON FIRE! Bambi doesn't keep his promises...so buyer beware.
Sen Scott Brown's number is 202-224-4543
Capitol Hill switchboard is 202-224-3121
Lots of local demwit phone numbers on this thread.
http://www.freerepublic.com/focus/news/2408217/posts
Rename, repackage, rewrite it a tad smaller, and sell another pig in a poke.
Tennessee has joined several other states in trying to pass a Health Care Freedom Act. NO COLAs for granny, retired Military or retired fed employees. BIG NEW fees for Tricare for Life retired over 65 Military's secondary health ins. (DOD bill already passed, delayed but goes into effect 2011 NEEDS TO BE REPEALED)
http://www.navytimes.com/news/2009/10/military_tricarefees_blocked_100709w/
New Dem mantra: Woof, woof eat dog food granny....ala let them eat cake.
Friday, February 19, 2010
Obama says slight fix will extend Social Security
http://townhall.com/news/us/2010/02/19/obama_says_slight_fix_will_extend_social_security
Health Care Rationing for Seniors Another Problem in New Obama Plan
http://www.lifenews.com/bio3058.html
TRI CARE FOR LIFE This from a google search:
http://economicspolitics.blogspot.com/2009/05/tricare-for-life-is-obama-trying-to.html
This option would help reduce the costs of TFL, as well as costs for Medicare, by introducing minimum out-of pocket requirements for beneficiaries. Under this option, TFL would not cover any of the first $525 of an enrollee’s cost-sharing liabilities for calendar year 2011 and would limit coverage to 50 percent of the next $4,725 in Medicare cost sharing that the beneficiary incurred. (Because all further cost sharing would be covered by TFL, enrollees could not pay more than $2,888 in cost sharing in that year.)
http://www.cbo.gov/ftpdocs/99xx/doc9925/12-18-HealthOptions.pdf
http://www.vawatchdog.org/09/hcva09/hcva110609-1.htm
Bill Would Restrict Veterans’ Health Care Options 11/06/09
Buyer and McKeon Offer Amendments to Protect Veterans and TRICARE Beneficiaries
Congress plans to block Tricare fee increases
http://www.armytimes.com/news/2009/10/military_tricarefees_blocked_100709w
By Rick Maze - Staff writer, Oct 7, 2009
Tricare fee increases imposed last week by the Defense Department will be repealed by a provision of the compromise 2010 defense authorization bill unveiled Wednesday by House and Senate negotiators.
Snip
The fee increases were announced on Sept. 30 and took effect on Oct. 1, but the defense bill, HR 2647, includes a provision barring any fee increases until the start of fiscal 2011.
Snip
Retired Army Maj. Gen. Bill Matz, president of the National Association for Uniformed Services, said the announcement of fee increases was shocking considering that the Obama administration promised earlier this year to hold off on any new fee Tricare fee increases until fiscal 2011.
“President Obama and DoD assured NAUS and the entire military family earlier this year that there would rightly be no increases in any Tricare fees” in fiscal 2010, Matz said. “We took them at their word, and I can’t believe that a co-pay increase like this was allowed to go forward,” he added.
It’s a day late and a dollar short, most people have lost their savings due to obamanomics and these bungling corrupt idiots who control congress.
sounds like Step 1 towards this proposal from the New School to force us all into government-managed pensions where they invest our money in T-bills
Yeah, they want to protect your savings from being accessed by you.
|
|
I do think they’re slobbering over the $trillions stashed away in pre-tax accounts.
But the first thing I thought was that this is a sop to their lawyer friends. As a former manager of a large business unit, we had to be extremely careful not to provide investment advice or guidance to our 401k participants. Too scared of being sued. THAT’s why employees don’t get more guidance.
So, the alternative is to provide outside financial advice, right? Biden is now setting it up so the employer can be sued for that too.
Bottom line: most employees are too lazy to pay much attention to their investments. The spectre of Biden lecturing me about my investment practices...it’s enough to make me sick.
If they can’t conficscate our savings, they’re at least going to try to get a windfall for the lawyers.
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.
