Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.
RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.
Obama is bringing in millions of illegals most of who have not been paying into social security and he's promised the illegals they can start to bring in their family members still left back home. Many of these family members they will bring in are elderly parents and grandparents. Many illegals are in their 50's and 60's now -- they have no social security but Obama is going to give them USA citizenship.
How else will they survive here if they aren't given social security checks?
So what if we worked hard for that money, that we saved our money in a 401K AND paid into social security. Obama is a Socialist, he believes in wealth redistribution and the Congress is ultra liberal now. No one can stop this.
Obama is bringing in millions of illegals most of who have not been paying into social security and he's promised the illegals they can start to bring in their family members still left back home. Many of these family members they will bring in are elderly parents and grandparents. Many illegals are in their 50's and 60's now -- they have no social security but Obama is going to give them USA citizenship.
How else will they survive here if they aren't given social security checks?
So what if we worked hard for that money, that we saved our money in a 401K AND paid into social security. Obama is a Socialist, he believes in wealth redistribution and the Congress is ultra liberal now. No one can stop this.
Okay, that's a potential 20-30 million NEW DEMOCRATS when these illegals become legal.
Might as well say the REPUBLICANS are a dead party.
More propaganda. This was an opinion offered at a hearing on how the current financial crisis is impacting pension funds and direct retirement funds, and your use of "confiscate" is totally inflammatory and inaccurate. You can read the woman's actual prepared remarks on this site, as well as others who testified at this hearing. Others advocated, among other things, increased education and protection for those using 401(k)s.
Retirement Security | Hearing | Committee on Education and Labor (http://www.house.gov/ed_workforce/hearings/fc-2008-10-07.shtml - broken link)
Last edited by helenejen; 11-06-2008 at 09:41 PM..
More propaganda. This was an opinion offered at a hearing on how the current financial crisis is impacting pension funds and direct retirement funds, and your use of "confiscate" is totally inflammatory and inaccurate. You can read the woman's actual prepared remarks on this site, as well as others who testified at this hearing. Others advocated, among other thins, increased education and protection for those using 401(k)s.
Retirement Security | Hearing | Committee on Education and Labor (http://www.house.gov/ed_workforce/hearings/fc-2008-10-07.shtml - broken link)
No kidding. I don't think the OP or the "Carolina Journal" even read their own article.
But they are the most properous dead people in the country. That is why democrats want to share their wealth.Old white guy sounds like a racist statement the way you put it. If iut wasn't for old whoite folks there wouldnt be much wealth to sahre and thsi country would quiockly be a third world country.It would be looking for foreign aid from china or india rather than from the old white guys.
More propaganda. This was an opinion offered at a hearing on how the current financial crisis is impacting pension funds and direct retirement funds, and your use of "confiscate" is totally inflammatory and inaccurate. You can read the woman's actual prepared remarks on this site, as well as others who testified at this hearing. Others advocated, among other things, increased education and protection for those using 401(k)s.
Retirement Security | Hearing | Committee on Education and Labor (http://www.house.gov/ed_workforce/hearings/fc-2008-10-07.shtml - broken link)
Increased education and protection for those using 401Ks? Why should these folks (including me) need "increased education and protection"? Do you even understand what a 401K retirement plan is? What the Democrats would like to do is to tax us. In other words take a great portion of the money we now invest away from us. Instead of not being taxable income, they will make it taxable, and controlled by the S.S.A.
If they go along with that plan, I will pull out all my money and take the 30% penalty. At least I will keep some of it.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
