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To: roses of sharon
Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone.

Only in the fevered minds of totalitarians, career politicians, unproductive bureaucrats and the insane could 401(k) plans be redefined as "taxpayer funded."

For the progressives reading this, and other feebleminded, 401(k)s are funded entirely by the wage earner with employer matching modest percentages of the regular payday amount, only not so much lately.

I understand that politicians and other criminals believe that if they haven't collected taxes on these amounts they have helped to fund the account.
That is exactly the same as the burglar and the mugger claiming that by refraining from victimizing you, he is subsidizing your lifestyle, no matter how modest it may be. The only difference is the thin veneer of legality, passing a law first to make it "legal" in one instance, but not in the other. The definition of "public servant" has gone "1984"

Did i mention that these elected criminals at all level of government got their COLAs this year?

23 posted on 10/13/2010 2:33:47 PM PDT by Publius6961 ("In 1964 the War on Poverty Began --- Poverty won.")
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To: Publius6961

That is exactly the same as the burglar and the mugger claiming that by refraining from victimizing you, he is subsidizing your lifestyle, no matter how modest it may be.


Excellent analogy. Good post.


28 posted on 10/13/2010 2:51:46 PM PDT by Starboard
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