[Sacajaweau]

When Obama takes over the banks...

They already are into your kid's pockets via student loans...

[mainsail that]

But they will pay you back. Honest. Maybe. In pesos.

[TribalPrincess2U]

I’m pretty sure they already take the money we pay in for Social Security and use it elsewhere. Isn’t that about the same?

[Lurker]

Can you ping Feral to this one?

[pallis]

This is a certainty for America if we fool around and leave Democrats in charge after 2010 and 2012. Our socialists are no smarter or ethical than socialist thugs elsewhere.

[NativeNewYorker]

There are already plans drafted to tax/fee high-end IRAs and pensions, as that kind of money pile is UNFAIR if in private hands.

[cowtowney]

old news

[sport]

Not if,but, when. It won’t be long.

[Mr. K]

hell yes!

This will not be the FIRST time someone has mentioned doing something with your 401K

You KNOW they are eyeing it.

Never let the government ‘hold’ your money. These idiotic ‘health savings accounts’ are the same stupidity. Set a pile of money aside, that you cant use for anything, and if you get sick, we will let you spend it. If you dont get sick we will keep it....and we’ll set up a big bureaucracy to manage the program too....

Who the hell thinks THAT is a great idea?

[Professional Engineer]

Ping

[C19fan]

This was posted yesterday and someone noticed the article was dated November 2008.

[HangnJudge]

One alternative maneuver is to
discontinue the laws supporting
the Tax Deferred status of these funds,

treating them as current income
and hence taxed at current rates.

Watch for this maneuver if the
marginal rate for income taxes
is cranked up to >50% to
capture the sudden “windfall” profits

[Bloody Sam Roberts]

Be prepared. It IS coming.

Read, understand, remember, act.

Surviving in Argentina

[brownsfan]

It’s our future, and I’d say near term.
They won’t wait until they run out of cash.

[Bitsy]

Isn't that really what the greedy little snakes have done with social security already? Time we got every last slimeball socialist/elitists out of our government and our White House.

[A_perfect_lady]

I'm delighted about the VAT. My liberal co-workers scoff when I tell them that Obama's health care will result in higher and more taxes for all of us, for they truly believe, "Oh no, the RICH will pay. Obama will make the RICH pay."

When that VAT hits the liquor aisle, Obama voters will be the first ones freaking out. Just wait. Nothing like the ability to say "I told you so" within six months of the initial warning.

[Buckeye McFrog]

back in the late 80’s someone with Jesse Jackson’s RainbowPUSH outfit added up all the cash that was sitting out there in people’s 401K accounts and they all started to salivate. Ever since then the idea of expropriating it for investment in “public goods” has been percolating through the Democrat Party.

Another idea they are trying out in Argentina is allowing the laid-off workers from closed factories to come back in as squatters and just expropriate the place away from it’s former owners. Then they put it back into production as a “workers cooperative”. Coming soon to a rust belt city near you....