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1 posted on 12/22/2012 6:21:13 AM PST by Renfield
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To: Renfield
They've been talking about regulating and looting 401(k) accounts since before that rule was published.

It's hardly news that we have establishment paid commenters peddling stories about how to steal middle class savings ~ it's always been that way. The Warren Buffetts of this world don't want more competition ~ they just want it ALL.

Tell you what, we have a second amendment, talk about that ~ put the fear of God into these pukes. Did you know what caliber it takes to push holes in a Fat Cat Democrat? Ain't as much as they think!

2 posted on 12/22/2012 6:27:12 AM PST by muawiyah
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To: Renfield

Face it folks; no politician in either party thinks we can ever balance the budget again. If they did they would not be engaged in bitter battles about how to shave a mere $200 Billion off a deficit that totals $1002 Billion. What about the fiscal cliff which both sides fear like it was Armageddon? It only reduces the red ink by $464 Billion leaving a hole of more than half a Trillion dollars. If cutting spending and increasing revenues enough to reduce the deficit to $538 Billion will crash the economy and send us all to financial ruin how in the hell can we ever get it to zero?


3 posted on 12/22/2012 6:28:09 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: Renfield
You think confiscating your life savings is impossible under the U.S. Constitution? LOL

We've now seen what happens when half the population, coupled with Vote Fraud, can do to "out-vote" the REAL Americans who are responsible and self-determinate....we will see wealth-redistribution taken to its ultimate goal, to make "fairness" apply so the inner-city tribal parasites, illegals, etc. are going to share your earnings AND savings, so "income inequality" is rectified.

5 posted on 12/22/2012 6:33:32 AM PST by traditional1 (Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: Renfield
This article is quite dated. The government has already stolen $13T form the Social Security fund. Obama took billions to prop up his obamacare scam. Federal employees retirements are unfunded so there is a multi trillion cliff there. Now they want to take the 401K funds.

I read the book “Animal Farm” written in 1947 which is a good satire of obama.

9 posted on 12/22/2012 6:41:01 AM PST by mountainlion (Live well for those that did not make it back.)
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To: Renfield

As the author says, it is just a matter of time before the G comes knocking for any assets they can get their hands on. First step though will be to relieve the potential threats as much as they can so they will take out the firearms first. The most recent event is giving them the imperator to do that for “the good” of the country. With four years to work his magic, his excellency knows he is in the drivers seat now.


10 posted on 12/22/2012 6:46:09 AM PST by Mouton (108th MI Group.....68-71)
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To: Renfield

I’ve pulled everything out of savings and spent it! I have no intention of investing at these low rates of return with the threat of inflation or government confiscatory policies!


14 posted on 12/22/2012 7:19:11 AM PST by cpa4you (CPA4YOU)
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To: Renfield

I’ve pulled everything out of savings and spent it! I have no intention of investing at these low rates of return with the threat of inflation or government confiscatory policies!


15 posted on 12/22/2012 7:19:46 AM PST by cpa4you (CPA4YOU)
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To: Renfield
create a contrived excuse to tax and steal far more of your wealth and income, including your retirement benefits.

They've been doing it for many, many years, through debasement of the currency, and it's only accellerated with these so called "quantitative easings" (creating currency with no additional financial backing!)

But not only is it eating away at your savings, it's stealing from your current earnings as well. Every time you buy something, it's an increased "tax" by the government, in effect raising the cost of everything. For instance, we all know that prices have gone up at the grocery store, but manufacturers try to hide the scale of the price increases by reducing the size of what you're buying. For instance, I'm paying about double for a can of tuna fish of what I paid a year or two ago. But then I notice that the more expensive tuna is in a 5oz can rather than the "half priced" 6oz can. Or a carton of fresh (not from concentrate) OJ, which is about a dollar more for a carton, but rather than 64oz, the carton is now 59oz.

Mark

25 posted on 12/22/2012 8:07:49 AM PST by MarkL (Do I really look like a guy with a plan?)
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To: Renfield; SierraWasp; tubebender; Liz; stephenjohnbanker

Those in charge of the left wing know that Pareto’s rule, 20% of any organization/country produce 80% of the resulst.

So they have put themselves in power to fleece the producing 20% for their gain and to share part of the fleecing with their non producing voters.

“Why should those who produce 20 percent of results receive the same return as those who produce 80 percent? But that is what the Left requires, when you stop to consider things. That’s the inherent fallacy of all collective concepts of government; they violate the Pareto/Juran, 80/20 nature of human activities, They therefore violate human nature, must be compelled by force and always fail. When receiving an objection to the ‘always fail’ accusation, simply request any example with long term success.”

http://constitutionclub.org/2012/09/30/reality-equality-and-pareto-make-trouble/


26 posted on 12/22/2012 8:15:38 AM PST by Grampa Dave (Tagline space for rent to pay for some of my extra taxes the next 4 years!)
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To: Renfield

When Democrats rule it’s never a good thing and it takes years to recover.


32 posted on 12/22/2012 9:21:31 AM PST by Vaduz
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