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Mandatory Retirement Accounts in Sen.Bill - S. 3760 -Automatic IRA Act of 2010
Americans for Limited Government ^
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| Americans for Limited Government
Posted on 09/07/2010 3:27:53 PM PDT by Fred
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For more intel and the OFFICIAL SPIN see:
http://www.boomermarketadvisor.com/News/2010/8/Pages/Automatic-IRA-Bill-Introduced-by-Sens-Bingaman-Kerry-to-Congress.aspx
1
posted on
09/07/2010 3:27:54 PM PDT
by
Fred
To: Fred
Is Senator Lurch subject to the same mandate than he lords upon us? Probably not.
Piss off, Lurch. You weary me.
2
posted on
09/07/2010 3:30:02 PM PDT
by
kromike
To: Fred
One more way to loot the middleclass and our childrens future.
3
posted on
09/07/2010 3:32:43 PM PDT
by
ronnie raygun
(We are our founding fathers keepers)
To: Fred
I thought it was a crap idea when Pres. Bush allowed the auto-401k enrollment. ( though, I believe there is an opt-out)
4
posted on
09/07/2010 3:33:48 PM PDT
by
stylin19a
(Never buy a putter until you first get a chance to throw it)
To: Fred; grellis
ripping off my hard earned money ping
5
posted on
09/07/2010 3:35:54 PM PDT
by
Fred
(Suspend All Immigration Until Unemployment is Reduced to 5%)
To: Fred
They’ll probably even start making kids contribute to this and other taxes from Lemonade stands for crying out loud!
To: flyingtabby
7
posted on
09/07/2010 3:39:01 PM PDT
by
terjon
To: Fred
With Cap and Tax, Obamacare, and people with no jobs how exactly will people contribute money?
To: kromike
Ask his second wife’s first husband.
To: stylin19a
One more boondoggle that I as a small business person will have to comply with and deal with reporting, etc. It was bad enough when I voluntarily offered a non-matching 401-K for my employees and watched them one by one DROP participation until I was preparing paperwork for one $15.00 monthly transaction for ONE employee. If this passes and what with Obamacare’s compliance paperwork, 1099 reportings, etc, I might as well close the doors and join the ranks of the unemployed...oh,yeah, I don’t get unemployment benefits when my business closes. I get nada.
10
posted on
09/07/2010 3:43:27 PM PDT
by
Semperfiwife
(This is the "Ba-roke" era.)
To: Fred
The overwhelming reason to renounce this legislation is that it involves stealth theft of retirement assets. The legislation creates a new government bond and government annuity. The rats will collect retirement accounts and new contributions, use the money for additional government spending, and then issue fake bonds. There will be no assets to support retirements. The rats will then demand that wealthy individuals forego their accounts or pay much higher taxes (same thing).
To: Fred
Isn’t that what social security is for?
12
posted on
09/07/2010 3:44:15 PM PDT
by
Drill Thrawl
(Rahm and George at Doe's when the knife came down)
To: Fred
Isn’t this what Social Security was supposed to be for? Namely retirement?
To: Tucker822
"Isnt this what Social Security was supposed to be for? Namely retirement?"
Yes but they stold all the money out of the social security "trust fund" so they need a new pot of our money to pilfer. It's just a backdoor way to raid private retirement accounts.
To: Fred
If this isn't Social Security II, then how is it different from the private accounts that Republicans offered in 2004? Is it just different when offered by Democrats?
-PJ
15
posted on
09/07/2010 3:55:38 PM PDT
by
Political Junkie Too
("Comprehensive" reform bills only end up as incomprehensible messes.)
To: Fred
Let’s see, i’ll play.
1.The government steals and spends the money
2.Said government replaces the money with I.O.U.’s
Does that just about cover the “plan”?
To: Fred
That’s all Dimocrats know how to do - tax, regulate, and mandate. Freedom is an entirely alien concept to them.
17
posted on
09/07/2010 3:59:18 PM PDT
by
beethovenfan
(If Islam is the solution, the "problem" must be freedom.)
To: Fred
The bastards ran the “Social Security” piggy-bank into the ground, so they’re seeking to develop another source of money for their vote buying schemes.
18
posted on
09/07/2010 4:00:27 PM PDT
by
G Larry
(I'd rather see the voters write off Obama!)
To: sportscaster
Bernie Madoff went to prison.
The Democrats who implemented Social Security are heros.
(Bernie should have gone into politics)
To: Political Junkie Too
If this isn't Social Security II, then how is it different from the private accounts that Republicans offered in 2004? Is it just different when offered by Democrats? With the Republican plan, you the taxpayer had some control over your money and the account would be yours.
20
posted on
09/07/2010 4:02:04 PM PDT
by
VRWCmember
(Jesus called us to be Salt and Light, not Vinegar and Water.)
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