Posted on 03/23/2010 4:05:47 PM PDT by 444Flyer
One of the nation's largest labor unions, the Service Employees International Union (SEIU), is promoting a plan that will centralize all retirement plans for American workers, including private 401(k) plans, under one new "retirement system" for the United States.
In effect, government pensions for everyone, not unlike the European system and regardless of personal choice.
The SEIU, which was integral to the election of Barack Obama as president, is working with the left-leaning Economic Policy Institute (EPI), and the National Committee to Preserve Social Security and Medicare, on SEIU's plan, called "the Retirement USA Initiative."
Claiming that the retirement system in place now has "failed most Americans," EPI vice president Ross Eisenbrey, told a labor union publication that "account balances have fallen by a third since late 2007, leaving many older workers unable to retire just as our economy is shedding millions of jobs.”
(Excerpt) Read more at moneynews.com ...
Of course it is. We have a Marxist in the WH. He has always been a Marxist. He doesn’t deny it, in fact in his book he pretty much bragged about it. He wouldn’t be there now has they Pinkos not taken over the MSM. They should all be ..............
Of course, look for them to come after the IRA’s next.
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They can look all they want. I have nothing here they can get their hands on. Mine is out of the country. What I keep here, I wish them much luck in finding it because they are sure as hell going to need it. It takes me 30 minutes to even get to it. BY BOAT!
“We are five days away from fundamentally transforming the United States of America.” -BO
“It’s time to fundamentally change the way that we do business in Washington. To help build a new foundation for the 21st century, we need to reform our government so that it is more efficient, more transparent, and more creative. That will demand new thinking and a new sense of responsibility for every dollar that is spent. “
BO
(fundamentally adv - in a way that affects the basis or essentials)
“America and Islam are not exclusive and need not be in competition. Instead, they overlap, and share common principles of justice and progress, tolerance and the dignity of all human beings. “
BO
“Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.” BO
“I consider it part of my responsibility as President of the United States to fight against negative stereotypes of Islam wherever they appear.” BO
“I think when you spread the wealth around it’s good for everybody.” BO
“I’ve been fighting with Acorn, alongside Acorn, on issues you care about, my entire career.” BO
“I’ve got two daughters. 9 years old and 6 years old. I am going to teach them first of all about values and morals. But if they make a mistake, I don’t want them punished with a baby.” BO
“If the people cannot trust their government to do the job for which it exists - to protect them and to promote their common welfare - all else is lost.” BO
“In America, there’s a failure to appreciate Europe’s leading role in the world.” BO
“It’s not surprising, then, they get bitter, they cling to guns or religion or antipathy to people who aren’t like them” BO
“Over the last 15 months, we’ve traveled to every corner of the United States. I’ve now been in 57 states? I think one left to go.” BO
“The United States has been enriched by Muslim Americans. Many other Americans have Muslims in their families or have lived in a Muslim-majority country - I know, because I am one of them.” BO
“The United States is not, and never will be, at war with Islam.” BO
“This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.” BO
“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times... and then just expect that other countries are going to say OK. That’s not leadership. That’s not going to happen.” BO
“We cannot continue to rely only on our military in order to achieve the national security objectives that we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded.” BO
“We need somebody who’s got the heart, the empathy, to recognize what it’s like to be a young teenage mom, the empathy to understand what it’s like to be poor or African-American or gay or disabled or old - and that’s the criterion by which I’ll be selecting my judges.” BO
“We need to steer clear of this poverty of ambition, where people want to drive fancy cars and wear nice clothes and live in nice apartments but don’t want to work hard to accomplish these things. Everyone should try to realize their full potential.” BO
“The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity, on the ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.” BO
“I will stand with the Muslims should the political winds shift in an ugly direction.” BO
“My friends, we live in the greatest nation in the history of the world. I hope you’ll join me as we try to change it.” BO
“I ceased to advertise my mother’s race at the age of twelve or thirteen, when I began to suspect that by doing so I was ingratiating myself to whites.” BO
“I found solace in nursing a pervasive sense of grievance and animosity against my mother’s race.” BO
“To avoid being mistaken for a sellout, I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists.” BO
“I learned to slip back and forth between my black and white worlds. One of those tricks I had learned: People were satisfied so long as you were courteous and smiled and made no sudden moves. They were more than satisfied; they were relieved — such a pleasant surprise to find a well-mannered young black man who didn’t seem angry all the time.” BO
“I had learned not to care. I blew a few smoke rings, remembering those years. Pot had helped, and booze; maybe a little blow when you could afford it. Not smack, though. ...”BO
“I can no more disown (Jeremiah Wright) than I can disown the black community.” —BO
“The point I was making was not that Grandmother harbors any racial animosity. She doesn’t. But she is a typical white person...” BO
“That’s just how white folks will do you.” BO
“The call to Islamic prayer is “one of the prettiest sounds on Earth at sunset.” BO
“For the first time in my adult life, I am proud of my country, because it feels like hope is making a comeback.” MO
“That is why I am here, because Barack Obama is the only person in this who understands that. That before we can work on the problems, we have to fix our souls. Our souls are broken in this nation.”MO
“... as a black man, you know, Barack can get shot going to the gas station, you know.”MO
“My experiences at Princeton have made me far more aware of my ‘blackness’ than ever before.”MO
“Earlier in my college career, there was no doubt in my mind that as a member of the Black community I was somehow obligated to this community and would utilize all of my present and future resources to benefit this community first and foremost.” MO
“The truth is most Americans don’t want much. Folks don’t want the whole pie. Most Americans feel blessed to thrive a little bit, but that’s out of reach for them. The truth is, in order to get things like universal health care and a revamped education system, someone is going to have to give up a piece of their pie so that someone else can have more.” MO
I’ll see you Colt and raise you an AA-12
I’ll see your Colt and raise you an AA-12
NOT TRUE
This is where the Health Care bill comes into play. It’s sole purpose was to create this new “trust” fund that the Federal government can now steal from. They also are going to nationalize the entire College Student Loan program to boot and create a “trust” fund out of that.
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We have a winner. Your post is this winner in this thread. It’s nice to see someone that really gets it.
bump
Im afraid to publicly comment after the whitehouse.gov fiasco.
bttt
Now if we could get the other 300 million people in our nation to truly understand this then we might have an opportunity at real change in our government.
Too bad!
Liquidated and invested legally off shore.
Ex juris US law. They want my 401 (k) they will have to fond WHERE THE MONEY IS, and secondly, they will have to sue me in that foreign jurisdiction AND THEY WILL NOT WIN!
ON Boortz toeay;
HERE THEY COME FOR YOUR RETIREMENT!
By Neal Boortz @ March 24, 2010 9:15 AM Permalink | Comments (24) | TrackBacks (0)
Lordy, folks. I’ve been telling you this was coming for almost 20 years. Sometimes I just hate being right.
First .. let’s set the groundwork here. Andy Stern is the president of the Service Employees International Union (SEIU). He is also the most frequent outside visitor to the White House. He is also an hand-selected member of Barack Obama’s deficit commission. He is also the one who said this:
We now have a new metric. The president says he wants to judge the new economy whether it increases the number of people in the middle class. Whether we have shared prosperity, not just growth. Which is a fundamental different philosophy then what we’ve seen in this country to date. Now how do we distribute wealth in this country ... clearly government has a major opportunity to distribute wealth - from the EITC, from tax policies, from minimum wages, from living wages - the government has a role in distributing wealth and social benefits. We are at historic crossroads ... in terms of what our new president is trying to do and a different way we are going to try and evaluate the economy. And so all of sudden we are witnessing the first new American economic plan led by the government, not necessarily by the private sector.
Pay particular attention to that last line: “We are witnessing the first new American economic plan led by the government, not necessarily by the private sector.”
Now let’s move on to this ...
The SEIU (Andy Stern’s unions) is promoting a plan to centralize all retirement plans in the United States. The plan is called “the Retirement USA Initiative” and it would create one government pension plan for all American workers.
Here are some of the basic tenets of this government retirement plan:
•Benefits that move with you, even if you change jobs (or don’t have a job because you are a moocher)
•Payouts only at retirement (which will be earlier and earlier because .. hey .. the government will take care of you after that!)
•Shared responsibility among employers, the government and employees (ie. spread the wealth)
•Pooled assets, controlled by professional investment managers (government bureaucrats)
What’s not being said here is that this grand retirement plan will eventually result in the confiscation of all privately-held retirement accounts. This means your 401K plans, your IRAs and even your private pension plans. You see, in our grand new egalitarian society you just cannot let some people have more set aside for retirement than others. It just isn’t fair. Everyone deserves the same retirement income, right?
Still don’t believe this is on the way? Fine. Then you can sit here suffering the consequences while people who actually made their escape plans look sadly at you and what was once their country from under a palm three somewhere.
I get to withdraw the last of my IRA this week but my first wife has a year to go before she starts so she will make one more deposit...
Awesome post my FRiend!
BTTT!
Yeah, I’m afraid the ‘Tards feel totally unconstrained by the wishes of the governed now.
Hey, I resemble that remark. LOL
Got some reading to do.
I’ll see your AA-12 and join your regimen.
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