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Obama Begins Push for New National Retirement System (Occupy Your Savings)
National Seniors Council ^

Posted on 11/15/2012 12:47:45 PM PST by Heartlander2

A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.

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


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: kissitgoodbye; obama; obamanation; retire; socialism
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To: eXe

Thanks


101 posted on 11/15/2012 6:15:04 PM PST by vis a vis
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To: A_Former_Democrat
union workers and govt workers will not be hurt...they have fat DEFINED pensions....their 401's and roths are just the cream on top for them....

but people like me, our 401's are ALL THERE IS so stealing that self produced account will make us very, very mad.....

102 posted on 11/15/2012 7:51:11 PM PST by cherry
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To: TurboZamboni
By the time the media cover it, if they ever did, it’ll be done.

And most people will think it's a fantastic idea that should have been done long ago. Where else could your retirement money make -8.5% interest?

103 posted on 11/15/2012 7:53:33 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Paladin2

this is not a tax on the wealthy...its a tax on all of us older, whiter workers who have saved and postponed new cars and houses and boats so we could fund our 401’s....it will kill us....


104 posted on 11/15/2012 7:53:56 PM PST by cherry
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To: Osage Orange

it’ll start out all nice and good...the vast lazy conspiracy will get extra checks...suddenly, in a couple of years, the funds will be GONE and it’ll be “so sorry”....


105 posted on 11/15/2012 7:59:30 PM PST by cherry
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To: Heartlander2

In 1980, as an investigative reporter for a state wide paper, I infiltrated a “NO PRESS” meeting of out states DSOC meeting. (Democratic Socialist Organizing Committee.)

It was shortly after Reagan’s first win, and after their White Haired Knight, Teddy K. had even lost their pres. primary.

The election of Reagan set the Socialist’s in America back big time. They met across the county to come up with a new strategy.

The main speaker at the meeting was, at that time, the leader of our state senate, a ‘democrat.” He came to the podium, took a card from his pocket, raised it and said: “I, like you, am a card carrying Socialist. But we are not yet strong enough to come out in the open. WE are going to have to infiltrate and take over the democrat party.”

Who can argue their success?

Another part of their new strategy was “We must take over the pension plans.”

Last years, Col. Allen WEst NAMED the members of Congress that are members of the Democratic Socialists of America. He was excoriated. He was also right. Just one of the reasons they are determined to get rid of him.

http://www.dsausa.org/dsa.html

Take Will Rodgers long ago but ever sage advice: “Buy land. They ain’t making any more.” Best retirement program going.


106 posted on 11/15/2012 8:01:31 PM PST by maine-iac7 (Christian is as Christian does.)
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To: Heartlander2; All

In 1980, as an investigative reporter for a state wide paper, I infiltrated a “NO PRESS” meeting of out states DSOC meeting. (Democratic Socialist Organizing Committee.)

It was shortly after Reagan’s first win, and after their White Haired Knight, Teddy K. had even lost their pres. primary.

The election of Reagan set the Socialist’s in America back big time. They met across the county to come up with a new strategy.

The main speaker at the meeting was, at that time, the leader of our state senate, a ‘democrat.” He came to the podium, took a card from his pocket, raised it and said: “I, like you, am a card carrying Socialist. But we are not yet strong enough to come out in the open. WE are going to have to infiltrate and take over the democrat party.”

Who can argue their success?

Another part of their new strategy was “We must take over the pension plans.”

Last years, Col. Allen WEst NAMED the members of Congress that are members of the Democratic Socialists of America. He was excoriated. He was also right. Just one of the reasons they are determined to get rid of him.

http://www.dsausa.org/dsa.html

Take Will Rodgers long ago but ever sage advice: “Buy land. They ain’t making any more.” Best retirement program going.


107 posted on 11/15/2012 8:01:44 PM PST by maine-iac7 (Christian is as Christian does.)
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To: Heartlander2

They will take my money the same day they take my guns, when they pry them FROM MY COLD DEAD HANDS. Oh wait their hands will be cold and dead before America lets that happen..


108 posted on 11/15/2012 11:15:35 PM PST by Schwaeky (The Republic--Shall be reorganized into the first American EMPIRE, for a safe and secure Society!)
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To: DesertRhino

If thats the case time for a coup d’etat. Not just a relieved of duty and exile, but a fighter pilot escorting air force one to do an “errant” fox two on that pospotus, followed by the army and marine corps going after all these communist pigs till they are resettled into the air..


109 posted on 11/15/2012 11:20:53 PM PST by Schwaeky (The Republic--Shall be reorganized into the first American EMPIRE, for a safe and secure Society!)
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To: Terry Mross

Both, grease the lazy slobs


110 posted on 11/15/2012 11:27:52 PM PST by Schwaeky (The Republic--Shall be reorganized into the first American EMPIRE, for a safe and secure Society!)
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To: Excellence

Target number one, Teresa Gilrahaducci


111 posted on 11/15/2012 11:32:24 PM PST by Schwaeky (The Republic--Shall be reorganized into the first American EMPIRE, for a safe and secure Society!)
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To: jbern

Your husband needs to to seek the advice of a CPA or financial planner that pays by the hour.


112 posted on 11/16/2012 3:43:36 AM PST by EVO X
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To: Heartlander2

Just wondering what prompted you to post this now. I have no doubt that the current administration would be happy to try this, but wondering if there is actually something definite happening now. Since the article is posted as of last year. Many people need to know about this if there is something definite going on.


113 posted on 11/16/2012 8:11:05 AM PST by boxlunch
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To: Heartlander2

This is the last pool of cash to steal. It should keep us afloat another month.


114 posted on 11/16/2012 8:12:28 AM PST by bmwcyle (Women reelected Obama)
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To: boxlunch

Boxlunch, I also noticed that this did not have a clear date on it, and the website doesn’t seem to be maintained beyond 2011. Prior to seeing this, I was aware of these sort of discussions in Washington. There certainly has been dialogue on this area of nationalizing retirement savings, as this site shows: http://www.economicpolicyresearch.org/guaranteeing-retirement-income.html

Teresa Ghilarducci, director of SCEPA, has been in Washington before committees discussing nationalizing retirements.

Boxlunch, I am not sure that something is happening presently, but there is continuing interest most certainly. When people think that current retirement programs are unfair to poor people, just like other areas, guaranteed retirements for all is in focus. I did not intend to cause any undue concerns, and for that, I am sorry.


115 posted on 11/16/2012 8:27:51 AM PST by Heartlander2
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To: Heartlander2

I also was alarmed by this original posting, but could not initially find a date. Later, I found that the site was no longer maintained. However, it is still something to watch very closely. There has been interest in Washington.

http://www.youtube.com/watch?v=zuLfcROlrSg

http://www.youtube.com/watch?v=odeUwW-LhUM


116 posted on 11/16/2012 8:38:06 AM PST by Heartlander2
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mark for later


117 posted on 11/16/2012 11:47:30 AM PST by Arrowhead1952 (0 bummer inherited a worse economy in 2012 than he did in 2008.)
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