“Many Americans didn’t bother to vote in the past presidential election, some out of apathy or a belief that the election would hardly affect them.”
Those are the only people I’m more happy to see shafted than than liberals.
Laziness is a greater sin past that of deliberately voting for evil.
Oh, goody. Marxist thief.
Dennis Prager commented during the campaign on the support for Obama among younger voters, saying “Never in history have so many people voted so enthusiastically against their own interests.”
He could have said the same thing about rich liberals, low-income people, and minorities. All will suffer as Obama leads these lemmings off the fiscal cliff.
The result of the turmoil is likely to be more federal intervention, more rule by decree, and more pandering to groups which were supposed to be pets of the administration. When will these pets begin to realize that they are being abused by their pretended champion?
In a situation like this, the tough have a better chance to survive. Those will be people who can take care of themselves, and rural people more than urbanized folk. Gun owners and those who can raise food will be better off than people in cities. States with little debt will do better than states who are, even now, broke.
The devil always makes lavish promises, but in the end, never delivers. So it is also with socialism.
I’m not sure what everyone is complaining about. Good steak and lobster dinners in D.C. don’t exactly grow on trees.
” Instead, the U.S. has turned into a feeding frenzy, with Americans fighting and clawing for whatever they can get at the expense of their neighbors.”
Well... not yet. But that day is probably coming.
He ran on a platform of class warfare and massive wealth redistribution. Americans goobled it up and gave him four more. The GOP is out of power for the balance of the nation’s short life. There is absolutely no way the GOP is going to sell hard work and wealth accumlation when Baraq O’Claus is giving out goodies to all “His people” (meaning more than just skin color).
At a certain point you lose your deduction anyway. Or at least for the Roth IRA. As long as they don’t try to take ours, let the lower incomes lose that deduction, they voted for it. I’m sorry but I’m not feeling much sympathy these days, let them all expire, let’s all go off the cliff.
No mention of the Death Tax
Lots and Lots of Dems have retirement plans. Let him try and take them away. This will go over much worse than when Bush tried to privatize a part of Social Security.
It will be the beginning of the end of his presidency. He will be way, way overreaching.
Wait until we get near to the end game and the feds “Securitize” the billions of dollars sitting in IRAs, 40iKs and company pension accounts.
To them it’s “Securitize”.
To us it’s “Confiscate”.
Get out of the IRA & 401K plans NOW. Take the tax penalty hit and convert to cash while there is still time...
Turn that cash into “something else”...
Anyone who read Dinesh D'Souza's books or saw the movie 2016 knows what the story is behind the class warfare. In 0bama's view, EVERYONE in this country is the "1%", no matter how rich or poor you are. A poor person in this country has it better than most of the rest of the world. You see, like any true leftist believer, 0bama is a "citizen of the world", not a citizen of any one country. His mission is to bring this entire country down. He sees it as wrong that since WWII this country has been the biggest player and has tried to shape the world in its own way. 0bama wants us to be a nation of equals and he wants an end to "American imperialism". He gives himself away anytime he's caught off guard. From his statement about "American exceptionalism" , to his answer to Joe the Plumber , to his view that civil rights didn't focus on income redistribution,it's all there , and our dumbed down population of uninformed voters don't really get what he means.
In some ways 0bama is the anti-Reagan. Recall how during the '08 campaign there were stories about how he wanted to "study Reagan's presidency." Well as most on FR know, the one thing about Reagan was he may have compromised , but he never lost sight of his principles. His compromises were all for pushing his belief in the greatness of the U.S. and the free market.
0bama has the opposite beliefs. He may compromise (like the 2010 tax cut extension) , but he never loses sight of his ultimate goal, to bring this country to its knees, and destroy it from within. Far from being an empty suit with no core beliefs, he has a very dangerous set of core beliefs. Most sensible Americans would run in horror if they ever really understood his core beliefs.
Obama,family and friends are on a millions of dollar vacation to Hawaii and he is sucking the American people dry of their savings..What a piece of dung they are..
Why do you think the Democrats fight so hard against cuts in the federal budget? Because cuts would mean layoffs of Democrat voters. It would mean doing away with the new welfare of a government job for Democrat voters. I guess too many conservatives don’t understand the socialist nations. The leaders in the socialist nations aren’t out pulling weeds in the garden. They lead the high life. Socialism/communism is a way for people to acquire wealth and power who couldn’t acquire wealth and power through the traditional means available in their culture. Socialism/communism is a big lie. The Democrat party is a big lie. I grew up in a union, Democrat family. My father told me over and over that the Republicans were just out to make money. As I grew up, I came to realize that the Democrat party was all about making money, too. They just lie about it. I chose to go with the honest party. Liars lie about everything, and the Democrats are total liars.
Good article. Well worth the read.
That would be straight up theft!
Elections have consequences.
Are we so sure they’ve been going after the ‘poor’ filers of bankruptcy—wanting to avoid paying their bills, but keep their assets?
“Private sector 401k and IRA owners are first on the Democrats’ radar and may see their plans taken away soon. House Democrats are planning on eliminating those tax breaks and converting the private plans to government-controlled retirement accounts, where they will be at risk for insolvency.”
Conversion of existing IRA, 401k to government annuities could trigger a series of critical events. The real threat of conversion or confiscation would result in panic withdrawals from these accounts. Government could counter by freezing retirement withdrawals which would then likely result in panic withdrawal of regular bank accounts, stock and bond portfolios and capital flight. Freezing these accounts would essentially shut down commerce and markets. Businesses would fail and those that survived would stop sending in quarterly taxes. As the government was deprived of income, benefits would not be paid and welfare mobs would riot. Then we will have tyranny or anarchy depending on your location.
It doesn’t take much to start a stampede, and once it starts, it is very difficult to stop.
California is about to release over 100,000 prisoners who are incarcerated. “They cannot afford to keep them out of the population who can behave”.
They will be released in 3 batches—the worst will be released last, and include serious felony cases & serious sex offenders-most likely to repeat their offenses.