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View Full Version : are your 401K's in danger ???



namvet
05-06-2010, 10:02 AM
Osama is considering investing you 401K $$$$

Republicans Sound Alarm on Administration Plan to Seize 401(k)s


In February, the White House released its “Annual Report on the Middle Class” containing new regulations favored by Big Labor including a bailout of critically underfunded union pension plans through “retirement security” options.

The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement -- which lets them off the hook for their collapsing retirement scheme. And, of course, the Obama administration is eager to accommodate their buddies.



http://www.humanevents.com/article.php?id=36823

he goes after mine all he'll get is a doc that says "accounts closed" mine is long gone


http://img.photobucket.com/albums/v437/mrcat/ears-pelosi2.jpg?t=1250107426

cat slave
05-06-2010, 10:31 AM
Hell, we will just draw it out and convert it to change and hide it! Theyre
going to tax it out of existence anyway.

cat slave
05-06-2010, 10:32 AM
Uh, we already converted to an IRA but Im sure the gruesome twosome will
get around to anything that smells of we the people income!

namvet
05-06-2010, 10:44 AM
Hell, we will just draw it out and convert it to change and hide it! Theyre
going to tax it out of existence anyway.

under the mattress ???? safer there any way. I think this idea has been around for some time. but under him it could become law. he's broke from this spending frenzie and needs $$$$. and we're the the golden goose. i would not put it past him.

tax and spend - the democratic way

cat slave
05-06-2010, 11:45 AM
Not for a second!!!!!

Im thinking in sealed jars buried in the maure pile.:laugh2: Might be a good idea.

namvet
05-06-2010, 12:00 PM
Not for a second!!!!!

Im thinking in sealed jars buried in the maure pile.:laugh2: Might be a good idea.

now your getting inventive. buy a lotta magic markers


3uN7oPqAvTI

Insein
05-06-2010, 04:44 PM
Not that the Constitution has stopped them before but there is no legal way for the government to seize private assets except to tax them to death. Every single demogrpahic bracket has people with 401k's. From the lowliest line worker to the highest paid oil rig employee, these people have their lives invested in these 401ks. If the government tries to take the last thing people have, there will be civil war. You can only push someone so far before they have nothing left to lose.

cat slave
05-06-2010, 08:39 PM
I agree!

SpidermanTUba
05-08-2010, 02:04 AM
Osama is considering investing you 401K $$$$

Republicans Sound Alarm on Administration Plan to Seize 401(k)s



http://www.humanevents.com/article.php?id=36823

he goes after mine all he'll get is a doc that says "accounts closed" mine is long gone


http://img.photobucket.com/albums/v437/mrcat/ears-pelosi2.jpg?t=1250107426

Congatulations on being the biggest moron in the galaxy.

namvet
05-08-2010, 08:50 AM
Congatulations on being the biggest moron in the galaxy.

a liberal and his money are soon parted shit for brains. better you than me. ALWAYS better you than me