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"Retirement security" is the code word used for nationalization of retirement funds (albeit gradual). I searched and haven't found any more details. They really want to mandate that retirement funds must be invested in gov't bonds, and now with the tapering of QE they need it.
1 posted on 01/28/2014 6:14:45 AM PST by Rusty0604
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To: Rusty0604

“That’s not your 401K, you didn’t earn that.”


2 posted on 01/28/2014 6:16:24 AM PST by fella ("As it was before Noah so shall it be again,")
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To: Rusty0604

3 posted on 01/28/2014 6:25:13 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Rusty0604
"Retirement security" is the code word used for nationalization of retirement funds...

Thanks for the translation and reminder. I'd forgotten about that.

Pilot programs start small--will he start with White House and other Executive Branch employees to show how great this is? With interest rates coming off of all-time lows, this would be a great move, wouldn't it? (Big /S here).

4 posted on 01/28/2014 6:26:16 AM PST by Pearls Before Swine
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To: Rusty0604

Time for me to close my retirement account and put the money under my mattress.

Of course, eventually that money will become worthless, so doing so won’t do me any good.


6 posted on 01/28/2014 6:34:10 AM PST by fatnotlazy
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To: Rusty0604

Yesterday I spoke to a security guard who was a retired GM worker. His pension was reduced by half by obama and the democrats. That is why he is working as a security guard.


9 posted on 01/28/2014 6:46:26 AM PST by minnesota_bound
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To: Rusty0604

Yep. They are going to implement the Theresa Ghilarducci plan. I am certain of it.


13 posted on 01/28/2014 7:11:47 AM PST by Buckeye McFrog
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To: Rusty0604

You just need to search the Obama publicity outlets:

http://www.huffingtonpost.com/2014/01/28/state-of-the-union-speech-2014_n_4590441.html


14 posted on 01/28/2014 7:15:13 AM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: Rusty0604
I hate the media more than this commie. They willfully ignore the fact that his decrees are completely unconstitutional.

When the inevitable collapse comes, blood will be on their hands.

18 posted on 01/28/2014 7:26:40 AM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Rusty0604

Directive 10-289.

How long before the lights go out in New York City?


23 posted on 01/28/2014 7:43:43 AM PST by Noumenon (Resistance. Restoration. Retribution.)
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To: Rusty0604

Well, why should you have a more comfortable retirement just because you worked hard and saved all your life? Shouldn’t the welfare queen be allowed to share in that big fat 401K you saved up?


25 posted on 01/28/2014 8:18:16 AM PST by Cementjungle
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To: Rusty0604

“There’s plenty of money out there, its just that the government doesn’t have it yet!”

http://www.bing.com/videos/search?q=keith+ellison+plenty+of+money&FORM=HDRSC3#view=detail&mid=A063F9801AA46704BCE9A063F9801AA46704BCE9


26 posted on 01/28/2014 9:05:51 AM PST by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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