Nationalizing America...A President Hussein Obama Plan

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“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#1
Nov 26, 2012
 

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http://www.wnd.com/2012/11/now-obama-wants-yo...

NEW YORK – Two years ago, as WND reported, the Obama administration was proceeding with a novel way to finance trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts.

Remarkably, those financial professionals specializing in private retirement savings and the U.S. citizens investing in private retirement plans now face the possibility the Obama administration and its allies on the political left will impose rules and regulations that effectively abolish the private retirement savings and investment markets.

Recent evidence suggests government officials continue to eye the multi-trillion dollar private retirement savings market, including IRAs and 401(k) plans, eyeing the opportunity to redistribute private retirement savings to less affluent Americans and to force the retirement savings out of the private market and into government-controlled programs investing in government-issued debt.

Government takeover?

An Investment Company Institute study published this month found that U.S. retirement assets totaled $18.5 trillion at the end of the second quarter 2012, of which 3.5 trillion was in IRAs and $5.1 trillion was in 401(k) plans.

Since 2010, the U.S. Treasury Department and the Department of Labor have been holding combined hearings on various plans designed to introduce government-mandated retirement plans and investment options, including government annuities invested primarily in U.S. Treasury debt, into the private retirement savings market.

“This hearing was set up to explore why Americans are not saving as much for their retirement as they could,” explained National Seniors Council National Director Robert Crone, describing a recent Treasury-Labor hearing held in the Labor Department’s main auditorium.

“However it is clear that his is just the first step toward a government takeover. It feels like the beginning of the debate over health care and we all know how that ended up.”

‘Automatic IRA’

With the issuance of the White House 256-page Budget Proposal for Fiscal Year 2013, the Obama administration endorsed “Automatic IRAs,” a plan introduced into Congress in 2010 by Sens. John Kerry, D-Mass, and Jeff Bingaman, D-N.M., in which private companies would be automatically enrolled into government-mandated IRAs, forcing those businesses to contribute on behalf of their employees a “default amount” equal to 3 percent of an employees pay, unless an employee specifically opts out of the plan.

The FY 2013 Budget proposal notes that currently 78 million working Americans, roughly half of the work force, lack employer-based retirement plans.

{Note...Jeff Bingaman}
Reposting

Santa Fe, NM

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#2
Nov 26, 2012
 

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more incendiary garbage from the world nut daily?

Apparently so.
dpb

La Junta, CO

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#3
Nov 26, 2012
 

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Nationalize all Economies of Scale plus the Oil and Gas NOW! That would fix a lot of our problems and piss knight off so badly he'd have a stroke. LMFAO
Hagar

Albuquerque, NM

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#4
Nov 26, 2012
 

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I would no put anything past the Corruptor In Chief!
Because

Santa Fe, NM

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#5
Nov 26, 2012
 

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Hagar wrote:
!
you are gullible.
Hagar

Albuquerque, NM

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#6
Nov 26, 2012
 

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Because wrote:
<quoted text>
you are gullible.
Wrong! I don't believe the garbage the current government and its captive media spew. Anyone with any capability of reasoning and logic can see through the lies and deceptions they perpetrate. Too bad you are not in that category.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#7
Nov 26, 2012
 

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Because wrote:
<quoted text>
I am gullible.
Hmm...well...sure...we all know that but...didn't think you did...
Yep

Santa Fe, NM

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#8
Nov 26, 2012
 

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Hagar wrote:
<quoted text>Wrong! I
Too bad you are not in that category.
not gullible like you.
Hagar

Albuquerque, NM

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#9
Nov 26, 2012
 

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I read a recent article about professional trolls hired by the DNC and contained a confession by one. He was paid for each troll post he made, but he got sick of the ruse, quit and confessed. I doubt that the Santa Fe Troll and dpb are good enough trolls to be paid, but maybe they are just apprentices and trying to get into the big time.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#10
Nov 26, 2012
 

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Yep wrote:
<quoted text>
no one can be as gullible like me.
Sheesh...stop running yourself down like that...I mean...oh...maybe that's part of your belief system...sorry...go ahead...

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#11
Nov 26, 2012
 

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Hagar wrote:
I read a recent article about professional trolls hired by the DNC and contained a confession by one. He was paid for each troll post he made, but he got sick of the ruse, quit and confessed. I doubt that the Santa Fe Troll and dpb are good enough trolls to be paid, but maybe they are just apprentices and trying to get into the big time.
Now THATS funny...
And

Santa Fe, NM

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#12
Nov 26, 2012
 

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Hagar wrote:
I read a recent article about professional trolls hired by the DNC
.
believed that one too. LOL
And

Santa Fe, NM

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#13
Nov 26, 2012
 

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Hagar wrote:
I read a recent article about professional trolls hired by the DNC .
you believed that one, too. LOL
dunadd

Greensboro, NC

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#14
Nov 27, 2012
 

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I have noticed a common thread runs through these different ALQ topix. No matter what the topic it alvays turns into an anti Knightmare topix, never any facts reputing K. Typical leftist tactic, straight out of Alinsky's handbook which is actually a modern reprint of Karl and Friedrich's handbook. I love the corruptor in chief label. Fits perfectly. Can't label that Mormon CIC. He ain't in le emperor's palace. le emperor is in le emperor's palace. kremlin to the right, golden palace to the left, white house in the middle. as my cousins say wunderbar and magnifique. 16 tons, know what I mean Vern. if the right don't get you than the left one will. question-kneeling to the east, praying, praying towards Mecca or the Kremlin, both, right? praying for allah to grant me more favour from the Kremlin. Gotcha.
More

Santa Fe, NM

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#15
Nov 27, 2012
 

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dunadd wrote:
.
BS.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#16
Nov 27, 2012
 

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dunadd wrote:
I have noticed a common thread runs through these different ALQ topix. No matter what the topic it alvays turns into an anti Knightmare topix, never any facts reputing K. Typical leftist tactic, straight out of Alinsky's handbook which is actually a modern reprint of Karl and Friedrich's handbook. I love the corruptor in chief label. Fits perfectly. Can't label that Mormon CIC. He ain't in le emperor's palace. le emperor is in le emperor's palace. kremlin to the right, golden palace to the left, white house in the middle. as my cousins say wunderbar and magnifique. 16 tons, know what I mean Vern. if the right don't get you than the left one will. question-kneeling to the east, praying, praying towards Mecca or the Kremlin, both, right? praying for allah to grant me more favour from the Kremlin. Gotcha.
Yeah...shine a light and these little critters before scurrying away try to attack first...the attacks are usually personal...not on substance...and with vulgarity...
dpb

La Junta, CO

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#17
Nov 27, 2012
 
knight, you never "shined a light" on anything but insanity and hatred/control in all the time you've posted here.

Since: Sep 08

Neon City Oh.

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#18
Nov 27, 2012
 

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Knightmare wrote:
http://www.wnd.com/2012/11/now -obama-wants-your-401k/
Knightmare
“King Of Kings = Jesus”

Which translates into saying, he will post any lie he can find.
dunadd

Greensboro, NC

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#21
Nov 27, 2012
 

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Knightmare, if this was 1940s Germany, you would not have to ride in a cattle car. You would be shot. I count that as an honour. I hope you do.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

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#23
Nov 27, 2012
 

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dunadd wrote:
Knightmare, if this was 1940s Germany, you would not have to ride in a cattle car. You would be shot. I count that as an honour. I hope you do.
Indeed I do...

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