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Congress mulls major 401(k) changes (The Obama Retirement Ripoff of 2009)
Investment News ^
| 100708
| Sara Hansard
Posted on 10/09/2008 11:25:48 PM PDT by Fred
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To: Fred
Maybe some Kool-Aid drinkers will have second thoughts if they learn about this proposal. The Libs are going to take voter angst as an endorsment of their crackpot economic ideas and end up back in the minority for a long, long time.
41
posted on
10/10/2008 1:44:27 AM PDT
by
Harry Wurzbach
(Rep. Thaddeus McCotter is my hero.)
To: Arizona Carolyn
And the experts on Fox are predicting the democrats are goign to win a landslide, veto and filibuster proof majority in both houses... if ever there was a year to vote a straight R ticket this is it. So many people thought they were teaching some sort of lesson i n2006, but the joke is on those voters... and all of us.I'm so glad you brought that up. Have you noticed there aren't as many of those "Send a message" posters these days? As recently as August I seemed to find a couple each time I came here.
I wish those "send a messagers" from 2006 would start a thread proudly proclaiming they didn't vote in 2006 to send a message. You'd think they'd be so proud of their message they'd wanna crow about it.
42
posted on
10/10/2008 1:44:46 AM PDT
by
Darkwolf377
(Atheist praying for a miracle :()
To: Eva
“They just can’t do that” is wishful thinking. They can and they will, if the history of other countries is any guide. Insofar as it would constrain the Federal government on economic issues, the Constitution is a dead letter.
43
posted on
10/10/2008 1:46:45 AM PDT
by
Buchal
([Future bumper sticker] Don't blame me, I voted for Ron Paul . . .)
To: Buchal
I guess it’s time to withdraw the money from the 401K and head somewhere off the electric grid.
44
posted on
10/10/2008 1:52:29 AM PDT
by
Eva
(CHANGE- the post modern euphemism for Marxist revolution.)
To: Fred
Hubby and I are convinced they will find a way to tax our Roths when we get to retirement. There is no way they are going to let us “steal” that money from their wealth redistribution program.
To: Fred
The Democrats have been eyeing this juicy untouchable revenue for decades and are constantly scheming on how get their slimy hands on it.
Imagine what this will further do to the Stock Market? With Obama’s 20% (making it 30%) increased tax on Capital Gains and this in top of it, Wall Street will become a ghost town.
One thing these Socialists also all have in common is, when they plan these raids on the Constitution, they act as though we do not exist or matter. That is, WE, the ones who earn the money that drives this economy and country.
It’s as though every thing we have or earn is their property and they have the right to freely take what they need.
46
posted on
10/10/2008 2:36:21 AM PDT
by
PSYCHO-FREEP
(Sara Palin; The Orca in a bay of Democrat Belugas!)
To: Fred
Damn. That means they can control us more. I mean that Social Security is paying pretty good. Bastards.
47
posted on
10/10/2008 3:20:04 AM PDT
by
personalaccts
(Is George W going to protect the border?)
To: Gator113
“I wonder if those that are tearing our country apart have considered that when justice comes for them, it will give no quarter.”
They are in for a rude awakening.
48
posted on
10/10/2008 4:00:33 AM PDT
by
ought-six
( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
To: Fred
my wife and myself have done without the expensive crap, the fancy cars and vacations, the extra nice clothes, and put our money away so we could retire in comfort. We have been doing this for 25 years. Now, some blowhard piece of human excrement wants me to give it to them to manage!!! This will be a call to arms....
49
posted on
10/10/2008 4:10:57 AM PDT
by
joe fonebone
(Proud anti-obama bigot)
To: Darkwolf377
we are here, in this position, today, because of the “I’m taking my toys and going home” crowd that refused to do THEIR DUTY as a citizen of this country, and did not drag their collective sorry asses to the poll to cast their ballot....i spit upon all of you that “taught me a lesson”
50
posted on
10/10/2008 4:27:51 AM PDT
by
joe fonebone
(Proud anti-obama bigot)
To: VeniVidiVici
Do I really want to look up this school? I can almost tell from the name that they probably invest more in 5-year plans than stocks. Norman Hsu (remember him?) was a Trustee at the New School.
51
posted on
10/10/2008 4:35:24 AM PDT
by
Roccus
(POLITICIAN.....................A four letter word spelled with ten letters.)
To: Eva
Democrats /hugo chavez types have no problem (nationalizing assets or businesses)helping keep your funds safe. THEY will tell you just to think its for the good of the country.
52
posted on
10/10/2008 5:54:47 AM PDT
by
bdfromlv
(Leavenworth hard time)
To: Anima Mundi
I thought I had read or heard something similar early this year. To stave off exactly what some here are thinking about doing. Don’t know if it passed or not though.
53
posted on
10/10/2008 5:58:40 AM PDT
by
EBH
( Welcome to the United Socialist States of America. Oct. 1, 2008)
To: joe fonebone
54
posted on
10/10/2008 5:59:08 AM PDT
by
ParadigmLost
(Smooth seas do not make skillful sailors. -- African Proverb)
To: Eva
Sadly, there is a good chance you are right.
55
posted on
10/10/2008 7:07:44 AM PDT
by
Buchal
([Future bumper sticker] Don't blame me, I voted for Ron Paul . . .)
To: ToastedHead
I am so close to being all in ROTH, this is going to be a good year to do a big xfer from my 401k into my ROTH(bad work year)...am so close....I have been working toward this for 10 years now because I knew this was coming..
56
posted on
10/10/2008 10:29:38 AM PDT
by
Fred
(The Democrat Party is the Nadir of Nihilism)
To: Azzurri
I feel like Ive entered the Bizarro World. So many avenues of attack against Obama and yet none of them seem to gain traction.
Don't expect them to gain traction in the media. They won't. It's up to every one of us to spread them around via email and the internet.
We've got a fantastic tool at our disposal--let's use it!
57
posted on
10/10/2008 10:37:52 AM PDT
by
Antoninus
(Ignore the polls. They're meant to shape public opinion, not measure it.)
To: joe fonebone
we are here, in this position, today, because of the Im taking my toys and going home crowd that refused to do THEIR DUTY as a citizen of this country, and did not drag their collective sorry asses to the poll to cast their ballot....i spit upon all of you that taught me a lesson Preach it! PREACH IT, BROTHER!
To: Fred
eliminating $80 billion in tax savings for higher-income people enrolled in 401(k) retirement savings plans HA. The tax shelter is one of the FEW reasons why I invest in a 401K. If that is eliminated, I'm sure 90% of "high income" earners will take their money and run. I'd gladly pay the penalties and move it elsewhere.
The recent proposals toward "fixing" this g**damn mess are FREAKIN RIDICULOUS.
59
posted on
10/10/2008 10:44:53 AM PDT
by
NetSurfer
(BO stinks.)
To: Darkwolf377
I wish those "send a messagers" from 2006 would start a thread proudly proclaiming they didn't vote in 2006 to send a message. You'd think they'd be so proud of their message they'd wanna crow about it.
Yep 2006 was a damn disaster and if Obama wins it will be the final nail in the coffin
60
posted on
10/10/2008 3:15:23 PM PDT
by
uncbob
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