The Federal government used to steal money out of the Social Security and Medicare trust funds, but those wells are running dry - especially with recent unemployment figures.
What does this mean? It means that the government needs to create a new GIGANTIC trust fund that they can steal your health care payments from. Please realize, we're talking around 18% of our entire economy.
It the Federal government fails to create this, then they will be in imminent danger of financial collapse. They will need to cut expenses like nobody's business.
Will the government cut expenses? Probably not. If the health care trust fund fails then they will have little choice but to go after our 401K retirement funds - moving them into a Federal government controlled entity for "our protection".
Prepare folks...it's going to happen.
Will the government cut expenses? Probably not. If the health care trust fund fails then they will have little choice but to go after our 401K retirement funds - moving them into a Federal government controlled entity for “our protection”.
CERTAINLY won’t be encouraging for anyone to add to or open a 401K. Where did you read this news?
People don't understand that this has absolutely nothing to do with healthcare, per se. The Federal government used to steal money out of the Social Security and Medicare trust funds, but those wells are running dry - especially with recent unemployment figures.
What does this mean? It means that the government needs to create a new GIGANTIC trust fund that they can steal your health care payments from. Please realize, we're talking around 18% of our entire economy.
It the Federal government fails to create this, then they will be in imminent danger of financial collapse. They will need to cut expenses like nobody's business.
Will the government cut expenses? Probably not. If the health care trust fund fails then they will have little choice but to go after our 401K retirement funds - moving them into a Federal government controlled entity for "our protection".
Prepare folks...it's going to happen.
“People don’t understand that this has absolutely nothing to do with healthcare, per se....”
BINGO!!!BINGO!!BINGO!!!
the Feds NEED cash to play with. IMHO...before all this is said and done...most of us will be writing our mortgage checks directly to the FEDS each month...THATS whats up with the banking sector...