Posted on 11/06/2015 7:11:59 AM PST by Academiadotorg
Academics who all have nice fat TIAA-CREF accounts.
The progressives are urgently looking for new sources of OTHER PEOPLE’S MONEY (other than that of their cronies, of course).
Lots of people will be decorating lamp posts around America if they try to seize IRAs/401k, etc.
The US Government is $19 Trillion in debt. Obama alone has added $9 Trillion
The USA faces a tidal wave of Soc. Sec. and Medicare expenses
The result is - any property you have is not safe
She’s baaaaaccckkkk...Ghilarducci
Everything you ‘own’ belongs to the government. They just allow you to keep a little out of generosity.
America is regressing to the outmoded Leninism of the old Soviet Union.
Ironic that both Russia and China are busily moving in the other direction.
After enormous expenditures of gold and lives in the Cold War, America surrenders to communism without a shot being fired.
Yep, but their inability comes for their poor financial judgment and decision making skills. They put all of their income into lifestyle (elaborate vacations, the latest consumer electronics, eating out rather than cooking, high end cars, etc.) and none into savings.
In other words, a ‘comfortable retirement’ has become an entitlement, not merely a goal.
Unless the grandson decides to go to college or trade school. I tied every thing into trust funds. I left the grandson’s money in a trust fund for education, and not any thing else, if he does not go for higher ed or tech school for a trade, they he has to wait until he is 25.
Eliminated probate that way and possible lawsuits.
Said the fox to the farmer, “I’ll guard your henhouse. Trust me.”
>> Lots of people will be decorating lamp posts around America if they try to seize IRAs/401k, etc.
I personally think academics look really cool hanging from lampposts. Every university town should have a few (dozen) decorated lampposts.
The grifters are saying in a nice way, “we’re about to pickpocket you but don’t touch mine”. Maybe the socialists should go live in Venezuela and see the end results of their madness.
Academics who all have nice fat TIAA-CREF accounts.
...
And many of them have an income that is largely due to Big Government.
>> In other words, a âcomfortable retirementâ has become an entitlement, not merely a goal.
You left out “equitable”, as in “EVERYONE is entitled to a comfortable, equitable retirement, regardless of gender, race, sexual preference, creed, ability, or work hostory”.
I made my heirs wait till they are 60. They can work and have the money that will continue to grow for retirement.
“You didn’t make that.”
Excellent resource.
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