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Now we know how they are going to pay for Obamacare.
1 posted on 02/22/2013 5:58:03 AM PST by radioone
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To: radioone
The Feds Want Your Retirement Accounts

And I want theirs. Along with their lifetime healthcare benefits, their security, their vacations and their lazy lifestyle.

Guess I'll have to wait for that 2 year gig in Congress before that will happen.

2 posted on 02/22/2013 6:03:18 AM PST by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: radioone

Another item sufficient to anger the populace into action.


3 posted on 02/22/2013 6:10:32 AM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: radioone

It is ironic how many debates going on in DC about financial matters hinge on the debates coming regarding the Second Amendment and the abolishment of the trigger finger recall vote.


4 posted on 02/22/2013 6:12:53 AM PST by Mouton (108th MI Group.....68-71)
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To: radioone
...Bloomberg reported "[t]he U.S. Consumer Financial Protection Bureau [CFPB] is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings...,

...'cause that's just the kind of guys they are...

5 posted on 02/22/2013 6:15:48 AM PST by THX 1138 ("Harry, I have a gift.")
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To: radioone

Let’s compare this government to organized crime. Oh wait, they are the same thing, except that organized crime doesnt tell you how to live your life.


6 posted on 02/22/2013 6:18:16 AM PST by Brooklyn Attitude (Obama being re-elected is the political equivalent of OJ being found not guilty.)
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To: radioone

I’ve already told my financial adviser that if this even comes close to reality I’m pulling everything and will gladly take the tax consequences.


7 posted on 02/22/2013 6:19:37 AM PST by TheRhinelander
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To: radioone
Obamacare will fail -- it was designed to fail. We will have Single Payer health insurance: the government will control it all.
Social Security will fail -- they want it to fail. We will have government seizure and control of all retirement funds; your money will become their money.

Now, the next step: A lot of people have fixed-rate mortgages with low rates. That's good. If we have hyperinflation, paying your mortgage will be a breeze, as long as you get any kind of cost of living wage increase. But your property taxes may skyrocket. If you are out of work, your property tax may be too much for you, and the government will seize your home. I see massive housing takeover by the government as a distinct possibility.

Health, Housing, and Retirement -- the government may control 100% of all of that. Communist Utopia, here we come.

8 posted on 02/22/2013 6:20:10 AM PST by ClearCase_guy (Nothing will change until after the war.)
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To: radioone
"[t]he U.S. Consumer Financial Protection Bureau [CFPB] is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency's first foray into consumer investments."


11 posted on 02/22/2013 6:25:56 AM PST by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: radioone

What’s both interesting and Machiavellian is that under this proposal the Government gets your “contribution”, invests it in Government Bonds and gets both the Principal and Interest when you die. And when you consider the “Death Panels” of Obamacare it becomes even more obvious that it is to the Governments benefit for “Unproductive Citizens) aka Senior Citizens and the disabled to die earlier if possible because they are no longer “productive” to the Economy.


13 posted on 02/22/2013 6:28:18 AM PST by The Working Man
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To: radioone
"I see you have some money there. Give it to me."
15 posted on 02/22/2013 6:31:18 AM PST by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: radioone

The inner city predator class along with all the government workers relying on unfunded pension promises will be all for this. Now that the takers outnumber the producers the nationalization of private retirement accounts is almost certain to happen. Get your money out now.


16 posted on 02/22/2013 6:32:09 AM PST by circlecity
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To: radioone

If this happens, the commie bastards who vote for it should be shot and strung up immediately. Dem, Pub, every last one should be made an example of.


18 posted on 02/22/2013 6:35:11 AM PST by Mich Patriot (PITCH BLACK is the new "transparent")
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To: radioone
Why should the Government intervene in people's savings decisions? The justifications for Government intervention in private financial decisions are varied. Panic over the economy, Wall Street, mandating savings equity, eliminating investment risk, financial crisis losses, retirement security, much-needed oversight, your 401K becomes a 201K, shoddy financial products, and predatory investment bankers are just a few.

And somehow, depite all those obstacles--no matter how contrived--those who managed to sacrifice and save, ammassed over 19 trillion dollars?

20 posted on 02/22/2013 6:40:33 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: radioone

we’ve seen this coming for a while. Looting.

Have they never thought about what happens after they have stolen and squandered all the wealth?


22 posted on 02/22/2013 6:48:00 AM PST by GeronL (http://asspos.blogspot.com)
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To: radioone

That’s why the want to disarm us. Then they can steal our money.

Mrs AV


24 posted on 02/22/2013 6:50:43 AM PST by Atomic Vomit (http://www.cafepress.com/aroostookbeauty/358829)
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To: radioone

And now you know why the Feds want your guns.


27 posted on 02/22/2013 7:04:05 AM PST by Little Ray (Waiting for the return of the Gods of the Copybook Headings.)
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To: radioone

Obama and the Democrats really want to sink their claws into every kind of monetary reserve in the US.

Jimmy Carter seriously wanted to start taxing tax-free municipal bonds, but every bond issuer screamed so loudly that he backed down.

Obama has now stated four times that he wants to do the same, even though it would cripple every bond issuer in the country. HE DOESN’T CARE! HE WANTS THE MO-NEY! The hell with everything and everyone else.


28 posted on 02/22/2013 7:08:24 AM PST by yefragetuwrabrumuy (Best WoT news at rantburg.com)
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To: radioone

I paid the taxes two years ago, anyone who didn’t see this coming deserves what’s going to happen.


30 posted on 02/22/2013 7:17:40 AM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: radioone

Those with retirement accounts should take a good look at how quickly NY rammed through their gun confiscation “law”. It would be a good idea to get any retirement savings out of designated retirement accounts immediately. I took the penalty already because I don’t trust the communist druggie in our White House.


32 posted on 02/22/2013 7:26:38 AM PST by Pollster1
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To: radioone

If this took place, blood would be pouring in the streets, and many in power in government executed. That a’int gonna happen.


42 posted on 02/22/2013 9:37:29 AM PST by catfish1957 (My dream for hope and change is to see the punk POTUS in prison for treason)
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