Posted on 03/28/2013 5:44:09 PM PDT by Lorianne
Here it comes, folks.
So what is 75% of Americans have less than 30K in savings. Most have their house paid for and are doing just fine. Nanny state lovers are at it again.
“Teresa Ghilarducci”. Anyone else here remember her?
The name does ring a bell.
Your house paid off is little comfort when they raise property taxes beyond what you can afford.
Goggle her up and read her plan to “rescue” all the poor victims of 401k plans.
Then get angry.
I remember now. I googled her. Little wonder her school came up with the 75% number.
Well think about it. I would imagine the average property tax is 5000. Six hundred a month which is less than rent. Even with just 1400 dollars Social Security, people should be able to survive on 900 extra dollars a month.
In the News/Activism forum, on a thread titled The Greatest Retirement Crisis In American History, napscoordinator wrote:
So what is 75% of Americans have less than 30K in savings. Most have their house paid for and are doing just fine. Nanny state lovers are at it again.
Not todays 40/50’s somethings..They went with the flip and tip.. over... concept with 2000 sq ft 4 bathroom 5 bedroom 2 people need a maid to help clean stuctures. 3 familys use to make do with. They’re 4X that ammount (30Gs note I didn’t say Ks) in the hole.
I googled and found “the most dangerous woman in Amerika”. I watched the highlights of her confiscation plan and got angry. I went without and saved so this high paid socialist b*tch can steal it and give to somebody else and take credit for it?
thanks
Come and take nothing, if you can find me.
“New School” was all you really had to read !
“Whether you know it or not, someone is busy trying to figure how to screw you out of your pension.”
Theresa Ghilarducci, methinks?
Long and short.
This is the price of Socialism.
Socialism (Progressivism, Socialism, Marxism, Fascism, Communism) Destroys.
It builds nothing but illusions.
Total Failure.
It’s okay now.. Stock market is reaching all-time highs under 0bama and everyone will be rich soon. :)
I seriously doubt that 75% of people nearing retirement have their houses paid off. People give me a strange look when I tell them that the house, car, credit cards, etc. are all paid off. Most of them tell me about their debts which include student loans, mortgages, car loans, children’s student loans, second mortgages for the around the world cruise or the daughters once in a lifetime wedding that lasted two years, etc. and absolutely no savings. They all expect that the government will bail them out.
That’s what she’s got planned for you. And people in high places are listening to her very, very carefully.
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