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Are Democrats really stupid enough to threaten 401(k) plans?
Hillbuzz ^ | 10/13/10

Posted on 10/13/2010 11:40:24 AM PDT by anniegetyourgun

Honestly, I don’t even know what to say about this.

Senator Tom Harkin of Iowa is threatening 401(k) plans — insisting Democrats can use the lame duck, post-defeat session of Congress to ram through a measure that would seize your personal 401(k) plans and use them to prop up the union pension plans that are imploding.

(Excerpt) Read more at hillbuzz.org ...


TOPICS: Business/Economy; Government
KEYWORDS: 401k; moneygrab; pensions
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Heading into lame-duck hell.
1 posted on 10/13/2010 11:40:32 AM PDT by anniegetyourgun
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To: anniegetyourgun
Are Democrats really stupid enough to threaten 401(k) plans?

History shows liberals are stupid enough to do just about anything - repeatedly.

2 posted on 10/13/2010 11:41:34 AM PDT by dirtboy
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To: anniegetyourgun

Just the threat could destroy the entire Stock Market.


3 posted on 10/13/2010 11:42:10 AM PDT by AU72
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To: anniegetyourgun

Isn’t Harkin a big-time commie?


4 posted on 10/13/2010 11:42:32 AM PDT by HIDEK6
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To: anniegetyourgun

It is hard for me to understand what I think of as good people, the hard working farmers in Iowa re-electing Tom Harkin year after year.


5 posted on 10/13/2010 11:42:45 AM PDT by Jolla
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To: anniegetyourgun

Yeah, they are, but they’re gonna get a lot of stupid slapped out of the Nov. 2.


6 posted on 10/13/2010 11:42:44 AM PDT by South Hawthorne (In Memory of my Dear Friend Henry Lee II)
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To: anniegetyourgun
Absolutely. They are not only that stupid, they are corrupt, incompetent and un-American. That is why we are in the current disaster mess.
7 posted on 10/13/2010 11:43:04 AM PDT by mulligan
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To: anniegetyourgun
The Elite are already planning to take your 401k. In fact, I think it will happen in the next 10 years no matter who is in power. Why? Because its a huge chunk of money that the government wants.
8 posted on 10/13/2010 11:43:36 AM PDT by FightThePower! (Fight the powers that be!)
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To: dirtboy

Is there a source for the information about Harkin’s proposal? I don’t see anything at the blog. Thank you.


9 posted on 10/13/2010 11:43:36 AM PDT by NEMDF
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To: anniegetyourgun
I love "The Dark Knight".

There's a scene where the The Joker has stolen $60M from the Gotham crime lords and then barges into one of their meetings.

Crime Lord: You think you can steal from us???
Joker: Yeah.

Heath Ledger delivers the line beautifully. No pause. No thought. Just an absolute statement: "Yeah."

10 posted on 10/13/2010 11:43:40 AM PDT by ClearCase_guy
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To: anniegetyourgun

They were stupid enough to throw Obowma at us!


11 posted on 10/13/2010 11:43:50 AM PDT by AngelesCrestHighway
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To: dirtboy

As the (gov’t) system collapses, they’ll be looking for ANY means by which to prop it up, even temporarily.

When they go for it, there won’t be much time left before total collapse, so our latent reaction time will probably be about the time everything goes to hell.


12 posted on 10/13/2010 11:44:24 AM PDT by MrB (The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
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To: anniegetyourgun

Can’t Senate Republicans filibuster anything that comes down in a lame duck session of Congress? Don’t lame duck sessions of Congress have to obtain cloture?

I’m a bit skeptical about these reports. I think they are an attempt to get the left wing base out for the election.


13 posted on 10/13/2010 11:44:24 AM PDT by NRG1973
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To: anniegetyourgun
Are Democrats really stupid enough to threaten 401(k) plans?

One would hope not but you never know with them.

14 posted on 10/13/2010 11:44:51 AM PDT by Non-Sequitur (Hey mo-joe! Here's another one for your collection.)
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To: anniegetyourgun

Sure they enou to buy are... they think they can use the money to buy enough votes to hold onto power.


15 posted on 10/13/2010 11:44:53 AM PDT by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: anniegetyourgun

Greed is a bitch. No one is greedier than Socialists.


16 posted on 10/13/2010 11:45:42 AM PDT by Republic of Texas (Socialism Always Fails)
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To: anniegetyourgun

I am surprised they have not already done it. Next personal bank accounts.


17 posted on 10/13/2010 11:45:47 AM PDT by ColdOne (GOP. Gutless Old Politicians :^)).....)
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To: anniegetyourgun

There was that Dem from Kali that announced last year that 401(k)s will have to looked at...


18 posted on 10/13/2010 11:45:55 AM PDT by Calvin Locke
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To: anniegetyourgun

19 posted on 10/13/2010 11:46:04 AM PDT by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: anniegetyourgun

Senator Tom Harkin is a Marxist stooge. He wants to destroy America.


20 posted on 10/13/2010 11:46:05 AM PDT by donna (This is the age of Republican-Feminism. We "feel right” has replaced being right!)
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