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To: screaminsunshine
They are also scheming to take away private investments from 401-K’s and make the public transfer their funds into a Government run and controlled “investment” plan that pays a massive guaranteed 3%. (And of course, it will no longer be a tax deferred. We will have to pay taxes on our full gross income, and taxes on the interest it earns.)

Of course, it will give them a whole new resource of “revenue” for them to “borrow” from like they have Social Security. (Which is why it is also bankrupt) They now owe SS about 17 Trillion Dollars. They have literally emptied the cookie jar and replaced it with worthless little paper IOU’s which we will never see a dime of ever again.

These criminals should be in prison for having stolen our retirements many times over. Had they left it alone, SS would still be in good shape. WE HAVE TO TAKE A STAND AND STOP THIS THEFT!

13 posted on 02/28/2010 5:59:52 AM PST by PSYCHO-FREEP ( Give me Liberty, or give me an M-24A2!)
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To: PSYCHO-FREEP

I got out of all traceable investments. I went to silver US coin and cash. Who cares about the miniscule intrest income at this point. By the way what do you think the tax rate will be when you want to withdraw money out of your 401.


16 posted on 02/28/2010 6:03:26 AM PST by screaminsunshine (i)
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