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

To: Kaslin

Not if the obamabots are getting ready to grab your 401K or IRA savings. And they are.


3 posted on 04/21/2010 7:21:06 AM PDT by AbolishCSEU
[ Post Reply | Private Reply | To 1 | View Replies ]


To: AbolishCSEU
I am not as concerned with them "grabbing" my 401K, as I am pissed off at the reality, that after being responsible for my entire working life (putting away both in 401K and IRA), that someone will decide down the road to means test Social Security.

We all know it will happen eventually. Let's say John and I start at the same company, on the same day, at the same wages. Every week, out of my check, I put $XX.XX in my 401k. John on the other hand decides to spend his whole check. 40 years down the road, we both retire, but John whines to the government that there is no way he can afford to live on Social Security alone, and it's not fair that I have millions socked away. The liberal dems agree with John, and poof, all of a sudden, I am too wealthy, and I don't need the extra income that Social Security will provide.

24 posted on 04/21/2010 7:43:25 AM PDT by codercpc
[ Post Reply | Private Reply | To 3 | View Replies ]

To: AbolishCSEU

Not if the obamabots are getting ready to grab your 401K or IRA savings. And they are.”

ARgentina grabbed such pensions last year.

I am convinced that NObama is going to do the same thing. I don’t have a 401 K, and I have begged some people I know to get their money out of these accounts before it is all gone. They think I have gone around the bend.


38 posted on 04/21/2010 8:07:49 AM PDT by ridesthemiles
[ Post Reply | Private Reply | To 3 | View Replies ]

To: AbolishCSEU
And they are.

Please explain

52 posted on 04/21/2010 8:39:13 AM PDT by beachn4fun (No good decision was ever made in a swivel chair. (Patton))
[ Post Reply | Private Reply | To 3 | 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