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To: brownsfan
I’m not a big stock owner, but do have some, outside my 401k

Until he seizes the 401K's.

18 posted on 11/07/2012 9:17:52 AM PST by TheCipher (Suppose you were an idiot and suppose you were a member of Congress. But I repeat myself- Mark Twain)
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To: TheCipher

“Until he seizes the 401K’s.”

I know. And I know I’ll be punished for sacrificing, having discipline, and having a 401k that’s worth something.

I can only do so much, and the takers are in charge now. They’ve voted in a man who will take from us, and give to them, and they’re partying like crazy.

I wish I had an option, but I’m powerless.


19 posted on 11/07/2012 9:23:33 AM PST by brownsfan (It's over.)
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To: TheCipher

I don’t think you will see any taking of 401(k)’s, at least not directly.

Instead, you will see means testing of Social Security and Medicare, so that your post-retirement net spendable income is nearly the same whether you have a 401(k) or not.


33 posted on 11/07/2012 4:39:42 PM PST by justlurking (tagline removed, as demanded by Admin Moderator)
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To: TheCipher

Democrats in Congress were looking into that after he was elected the first time. I have to think it will happen again.


35 posted on 11/07/2012 5:30:23 PM PST by GrouchoTex (...and ye shall know the Truth and the Truth shall set you free....)
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