Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Candybar

4) a universal pension that replaces all exisitng IRA-type accounts...................any links for this tidbit?...............


10 posted on 11/10/2008 1:00:07 PM PST by Red Badger (Hey! Look on the bright side! At least Joe Biden is out of the Senate!..........)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Red Badger

see post 36 for link that discusses Obama’s 401K plans


37 posted on 11/10/2008 1:42:09 PM PST by Dawn531
[ Post Reply | Private Reply | To 10 | View Replies ]

To: Red Badger

It looks like the elimination of IRAs and 401ks is a lock. Easy sell because Americans are “incapable of making investment decisions for themselves”. Several links discuss the problem:

http://www.usnews.com/blogs/capital-commerce/2008/10/30/why-democrats-will-target-the-investor-class-in-2009.html

http://www.smartmoney.com/personal-finance/retirement/bear-market-puts-401k-under-microscope/

http://www.carolinajournal.com/articles/display_story.html?id=5081

http://www.marketwatch.com/news/story/Savings-reforms-would-enhance-Americans/story.aspx?guid=%7BF9D8B988%2D197A%2D4001%2D8B3D%2D00C5DB8D62BE%7D#comments


54 posted on 11/10/2008 5:00:51 PM PST by Mythbuster1
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson