Posted on 01/30/2014 1:59:09 PM PST by Rusty0604
“...says Teresa Ghilarducci, a retirement specialist at the New School for Social Research in New York.”
Isn’t she the one who floated the idea of the gov confiscating IRA’s and 401(k)’s and scheduling distributions after retirement?
Here is an interview of her (Theresa) by Mark Levin…(h/t woollyone from the other thread linked above)
http://www.youtube.com/watch?v=7TTsHel-qbcb
OUTSTANDING! HOORAY Mark!
The very one.
“You don’t like mandates? Get real. Just as a voluntary Social Security system would have been a disaster, a voluntary retirement account plan is a disaster.” Teresa Ghilarducci”
Mandates = force = TOTALITARIANISM
A mandated social security system (built on the backs of dead Americans) IS A DISASTER. $16T unfunded liability. The mandated medicare system (built on the backs of dead Americans) IS A DISASTER. $88T unfunded liability.
CONFISCATE the assets of all socialists who have driven the republic into insolvency.
SOCIALISM IS LEGAL PLUNDER
http://bastiat.org/en/the_law.html#SECTION_G022
live - free - republic
live debt free
from the “shared prosperity” link in post #29…Conclusion p.17…
Retirement security cannot be paid for by workers, employers, or the government alone—guaranteeing a basic income floor requires sharing responsibility. Additionally, workers simply have to save more to be able to retire. Man- dating contributions through a guaranteed retirement account means the low-income and middle-class workers are subsidized; the federal government takes on longevity and financial risk;
The authors propose paying for the tax credits by taxing pension fund earnings. - p.16
—Teresa Ghilarducci, after 25 years as a professor of economics at the University of Notre Dame, will be the Schwartz Chair in Economic Policy Analysis at the New School for Social Research in January 2008. She is the 2007 and 2008 Wurf Fellowship holder at the Labor and Worklife Project at the Harvard Law School.
—We gratefully acknowledge the generous support of the Rockefeller Foundation.
Teresa Ghilarducci
PhD 1984 University of California, Berkeley
Professor of Economics.Bernard L. and Irene Schwartz Chair in Economic Policy Analysis.
Office Location:
Room 1128, 6 East 16th Street
Office Hours:
Fall 2013 Office Hours
Wednesday 9:00 – 11:00 am and Thursday 4:00 - 5:00 pm
Fax Number:
212-229-5724
Email:
teresa.ghilarducci@gmail.com
Send her an email if you’d like see my post 46
Thanks for the links
If you die any accrued money will probably go to the state.
That was great, thanks!
Of course it will. Although SS is generous in giving $225 for burial at death.
Amazing they can do this without Congress, how many new crony jobs has he created out of thin air?
You don't seem to be taking into account what Einstein called the most powerful force on earth; compound interest!
That compound interest will be eaten up by inflation. And when interest is 1%, how far will that get you?
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