First the Health Care Mandate, Next a Retirement Benefit Mandate?

Free Enterprise ^ | 20 September 2012 | Aliya Wong

[jsanders2001]

Where does it end?

Its obvious they want it all! If they actually would use it for what they said they would but for some reason they either rob the funds or redistribute it for theirnown interests. Get rid of all the lying, thieving b@st@rds

[KittenClaws]

I also suspect they will revive their plan to nationalize all IRA and 401K holdings. That talk went away when they lost in 2010 but that does not mean they have given up on the notion.
______________________

They can't have mine. I'm pulling every dime the first week in January - regardless of who is elected president. I'll take the penalty but that's all the government will get.

[Clump]

I'm just converting all my savings into guns, ammo, water, food,and a generator.
That's the only stuff that will have value when the SHTF.
Long term planning for a nation with the status quo is naive at best and ignorant at worst.
I pray I'm wrong but I don't see any logical result from the debt besides hyperinflation and an abrupt break down of society. When it happens cash and even gold will be useless.
Now it's just a balancing act to protect the cash flow needed to pay the bills.

[nascarnation]

Isn’t that called an IRA?

[mo]

BINGO!!!!!!

[FewsOrange]

A 401k has a $17,000 annual contribution limit, IRAs have a $5,000 limit, it is pretty hard to save for a retirement at $5,000 / year

[KittenClaws]

I'm just converting all my savings into guns, ammo, water, food,and a generator.
That's the only stuff that will have value when the SHTF.
Long term planning for a nation with the status quo is naive at best and ignorant at worst.
I pray I'm wrong but I don't see any logical result from the debt besides hyperinflation and an abrupt break down of society. When it happens cash and even gold will be useless.
Now it's just a balancing act to protect the cash flow needed to pay the bills.

_____________________________

I don't disagree. In the meantime, I'm keeping the tentacles of government off of as much of my money as possible. I'll quit my job if that's what it takes, we'll go gault and they can kiss off.

[Monorprise]

Why is it that the Federal Government thinks it has the right, much less responsibly to imposed upon we the people a “retirement system”?

Does vast amounts of unwritten text in the supposed 11 page Federal Constitution enumerate that as well?

At what point are we free to live & manage our lives as we choose again? What about my rights? What about my freedom?

[Monorprise]

As far as Washington’s concerned the Federal Constitution is just a piece of paper that says what ever they want it to say, and lets them do whatever they want to do.

There is no Constitutional law in Washington. Traitor John Joined the leftist to see to that.

[grumpygresh]

Increase the cost of labor via more mandates, and that, of course, will lead to more unemployment and less government revenue. Brilliant.

[Libloather]

Yet another human right?

[Clump]

I can’t help but wonder how many people are thinking like us right now.
And yes the government tentacles are tough to keep off.
Especially for us taxpayers.
I am currently trying to decide whether to keep my health insurance.
That’s a real tough one with the current law.