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Yeah, except that there's a difference between private 401K's and public pensions.
Yes, but that isn't stopping the government from holding meetings on how to turn 401K's into income streams in retirement.
2 hearings so far with DOL and Treasury and business folks.
Lifetime Income Options For Participants And Beneficiaries In Retirement Plans (http://www.dol.gov/ebsa/regs/cmt-1210-AB33.html - broken link)
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by shorebaby
You do understand there is a difference between a state run pension scheme and a 401K right?
I do but the banksters don't. To them money is money and as long as they control the government, they can do what they wish whether you and me like it or not.
I do but the banksters don't. To them money is money and as long as they control the government, they can do what they wish whether you and me like it or not.
no they cant. they cannot take what belongs to you. if you have money in their bank, unless there is good reason, like the government orders it under asset forfeiture laws, they cannot touch your money.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by rbohm
no they cant. they cannot take what belongs to you. if you have money in their bank, unless there is good reason, like the government orders it under asset forfeiture laws, they cannot touch your money.
Sure they can! Who is going to stop them?? The LAW?? They ARE the LAW! They own the government.
Its noit the banksters but the governamnt elite that want your pension and 401K to control. I guess they need someone other than SS slaves to give IOUs to.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,766,887 times
Reputation: 3587
Quote:
Originally Posted by texdav
Its noit the banksters but the governamnt elite that want your pension and 401K to control. I guess they need someone other than SS slaves to give IOUs to.
The government and the banksters are one in the same. You just don't see it. Tim Geithner and Ben Bernanke are the lead top dog banksters. And they are the enemy of free people everywhere. Honestly their goal is to make all of us slaves to the banksters. They are worse than the Communist or Nazis were.
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