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To: Eye of Unk

Um...that’s called selling. I think you’re making a mountain out of a molehill. Companies sell products.


26 posted on 05/22/2011 5:45:22 AM PDT by RockinRight (It was crowded under Obama's bus BEFORE he threw 13 million Jews under it.)
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To: RockinRight

You are right except for at least the 4th or 5th time after I said no they just repeat the same song, I would hate to have a job where the security of my job is at stake unless I have to sell some form of “package”

Sorry mate, I’m a blue collar worker, I drive big trucks for a living.


31 posted on 05/22/2011 5:49:06 AM PDT by Eye of Unk (2012, NO MORE LIES!)
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To: RockinRight

Obama Administration Plans to Seize 401(k) Retirement Accounts

Written by Joe Wolverton, II
Wednesday, 05 May 2010 12:45

One aspect of a new and improved federal regulatory scheme is the seizure of 401(k) retirement plans and the subsequent government-administered disbursement of the funds.

In Chapter 3 of the Annual Report on the Middle Class released in February by Vice President Biden and the White House Task Force on the Middle Class, the Obama administration calls for enhancing the “retirement options” for the middle class by imposing “new regulations to improve the transparency and adequacy of 401(k) retirement savings.”

The plan, as sketched in the 43-page document, calls for the creation of something called “Guaranteed Retirement Accounts” (GRAs). Biden slyly shifts the onus for the idea through weasel words typical of the federal government: “Some have suggested the creation of Guaranteed Retirement Accounts (GRAs), which would give workers a simple way to invest a portion of their retirement savings in an account that was free of inflation and market risk, and in some versions under discussion, would guarantee a specified real return above the rate of inflation.”

http://www.thenewamerican.com/usnews/politics/3478-obama-administration-plans-to-seize-401k-retirement-accounts?tmpl=component&print=1&layout=default&page=


34 posted on 05/22/2011 5:49:38 AM PDT by KeyLargo
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