Barack Obama, our next President

Barack Obama, our next President

There are 1620817 comments on the Hampton Roads Daily Press story from Nov 5, 2008, titled Barack Obama, our next President. In it, Hampton Roads Daily Press reports that:

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...

Join the discussion below, or Read more at Hampton Roads Daily Press.

“fairtax.org”

Since: Dec 08

Gauley Bridge WV

#1078814 Feb 12, 2014
There are other ways retirement savings plans could get it in the neck. The money you put into a 401(k) might be taxed before you invest it in the plan. Future contributions might not grow tax-deferred. All itemized deductions, including those for retirement plans, could be capped. It’s even possible that the earnings you’ve built up tax-free in a Roth IRA might get taxed.

A Petition to Protect the 401(k)

All of these rumblings have led the American Society of Pension Professionals and Actuaries to launch the “Save My 401(k)” online petition, which it also calls “Protect My Piggy.”(I’m no Beltway pundit, but I don’t think using the word “piggy” will be endearing to deficit hawks in D.C.) The website for the grassroots campaign lets you email your concern to your members of Congress.


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“We understand Congress needs to reduce the debt and raise revenue, but raiding the tax incentives for 401(k) plans will put American workers’ retirement security at risk,” says Brian Graff, the society’s executive director and chief executive.

(MORE: How to Prepare for Financial Setbacks in Retirement)

2 Tips for Retirement Savers

With retirement plans a likely target, I have two pieces of advice:

1. Invest as much as you can next year in your 401(k) or similar employer-sponsored plan if you have one. If you can invest in an IRA, do it; the contribution limit for traditional and Roth IRAs in 2013 will be $5,500; $6,500 if you are 50 or older.

2. If you work for an employer with a 401(k) plan that offers advice, pay attention to it.Writing in the Schwab Talk Blog, Catherine Golladay says that a study of employees in plans served by Charles Schwab found that those who follow its 401(k) investment advice save more, are better diversified and are better equipped to handle inevitable fluctuations in the market. Planning for your eventual retirement is tough, so I say: Why not benefit from smart insights from professionals, when they’re there for the taking?
NuculurNUTsurpri Zrd

Satellite Beach, FL

#1078816 Feb 12, 2014
Not Surprized wrote:
I'm so very poor. I've been consistently rejected by society and Waxman and now topix. I'm such a poor troll I can't catch a break. Tsk.
Not Surprized! LOL

Since: May 11

Carlisle, PA

#1078817 Feb 12, 2014
flack wrote:
Are They Going After Your ‘Safety’ Deposit Box?
February 12, 2014 by Bob Livingston
5629 41 9 5869
Are They Going After Your ‘Safety’ Deposit Box?
PHOTOS.COM
Cash money now in a “safety” deposit box or anywhere is presumed to be illegal. This is the excuse to seize it, saying it is your burden to prove that you paid taxes on it, that it is not illegal proceeds from drugs or that it is not laundered money.
One bank writes to a customer,“Lessee acknowledges that the safe deposit box is not intended to store without limitations, such things as domestic or foreign currency whether in paper, coin, or other form.”
Why, in the last days of a regime, do governments come so hard after your cash or other assets? Why don’t they just print the paper money?
The answer is that if the government can take from the people, it will have to print less money, thereby extending the life of the system. The government desires, above all, to extend its socialist system. The more paper money that it prints, the shorter the time to the end of the system; because paper money is the rot of the country. The more paper money, the faster the collapse: So confiscation becomes the modus operandi of a dying system. Pension funds are in the political crosshair now.
It isn’t much fun to look forward to impoverishment by the state. Only those who leave the United States will be able to keep a part of their wealth after all the exit taxes. In the 1930s, not many people left Nazi Germany. Most people thought things would get better. They were wrong, much to their sorrow. In time, it was too late to leave. Very few people ever come to the realization that government, with its politicians and its bureaucrats, is organized crime.
Most politicians are members of a secret society, and they hold hands under the table. A large number of politicians belong to a death cult inspired by Satan. They will do anything for themselves against the people they are supposed to represent. Make a pact with the devil, and the price may be too high.
Try going to the bank & make a large cash deposit $5000 or more.

Guess what. You are going to have to explain where it came from.

“fairtax.org”

Since: Dec 08

Gauley Bridge WV

#1078818 Feb 12, 2014
new yawk wrote:
Though all of your replies have been to a fake new yawk ( Yes, I have a doppelganger pest )
And she also wrote this post that you've replied to, I'll answer:( Since she aka debil, the nitwit most likely doesn't know ):
Malcolm X discovered Elijah Muhammad to be a fraud.
A not practicing what he was preaching charlatan.
And the rest .... You already know.
Yeah, good ol Louie ....
<quoted text>
I think it has been removed from here once again.

Since: Mar 11

St. Croix valley

#1078819 Feb 12, 2014
flack wrote:
Nutty, isn’t it?
Why would Congress and the president target retirement savings plans? Especially when they’re so highly valued by the American public. In a new Wells Fargo/Gallup Investor and Retirement Optimism Index survey of 1,024 adults with investable assets of $10,000 or more, 69 percent said it was extremely or very important that the president and Congress find ways to financially encourage every company to offer a 401(k) savings option and to financially encourage all Americans to participate in their employer’s 401(k) savings option. Similarly, 67 percent of those surveyed said it was important that leaders seek ways to enhance the role of the 401(k) as a retirement savings investment.
The answer, to paraphrase bank robber Willie Sutton, is because that’s where the money is.
Trimming Retirement Plans to Shrink the Deficit
The tax breaks for 401(k) and similar retirement savings plans add up to $100 billion a year and will cost the government an estimated $429 billion from 2013 to 2017. That’s more than the mortgage interest deduction.
These plans are also tempting targets politically, because 80 percent of their benefits go to the top 20 percent of earners, according to the Tax Policy Center. That’s why liberal-leaning groups, like the Pension Rights Center, say the plans’ tax breaks should be trimmed.
(MORE: Obama’s Second Term and Older Americans)
Andrea Coombes, the retirement columnist for The Wall Street Journal’s Marketwatch site, recently wrote:“Some say it’s inevitable lawmakers will at least look at limiting the tax benefits of such plans.” Certain employers may stop offering 401(k)s if benefits are cut for higher-earning employees, she added.
It’s a little early to say exactly how 401(k)s might be squeezed for their tax juice, but one proposal gaining ground is what’s known as the 20/20 plan. It was one of the deficit reduction proposals from the Simpson-Bowles bipartisan commission of 2010 and a recommendation of the Bipartisan Policy Center’s Debt Reduction Task Force.
A Proposal That’s Gaining Steam
Here’s how 20/20 would work:
Under current law, employees will be allowed to contribute up to $17,500 in their 401(k) plans in 2013; up to $23,000 for people 50 and older. But under 20/20, you and your employer together would be permitted to contribute up to $20,000 or 20 percent of your salary, whichever was less, to your account; that figure includes your employer’s match.
Brett Goldstein, director of retirement planning for American Investment Planners, a financial advisory firm in Jericho, N.Y., says this could reduce contributions by 65.21 percent for someone over 50 earning $50,000 a year.(The math is complex, but trust me, Goldstein’s right).
while 401ks are great especially if your employers matches any funds you put in. there are better ways to invest and certainly better ways to use 401k money than the way most people do.(ie actively managed funds...)

http://www.forbes.com/sites/johnwasik/2013/04...

this is just a sample. learn what other people who really know how to manage money asy about the way they are being used...
new yawk

East Amherst, NY

#1078820 Feb 12, 2014
LOL! Yep she does. And now debil is trying to live mine. I guess where she lives in Atmore Alabama, such concepts, facts, ultimate truth and law don't apply.

Sadly, The Constitution of The United States of America is being trampled in The Court(s).
And this Administration ...
DBWriter wrote:
<quoted text>
You live in a fantasy world.
There is an ultimate truth:
The United States is a constitutional republic.
There is an ultimate law:
The Constitution of the United States of America.
I know you were indoctrinated in Saul Alinsky's "truth is relative" bullshit. But, here in the real world there are actual truths. Those truths are based on facts.
Get used to that concept.

Since: Mar 11

St. Croix valley

#1078822 Feb 12, 2014
RealDave wrote:
<quoted text>
Try going to the bank & make a large cash deposit $5000 or more.
Guess what. You are going to have to explain where it came from.
anyone put cash in a safety deposit box? is there a group of people who like watching what they earned lose value?

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1078823 Feb 12, 2014
John Galt wrote:
If Obama issues an executive order dissolving Congress, who will stop him???...
Good point. Obviously the RINOs won't.
It looks like the only political faction in Washington that supports the Cosntitution is the TEA Party, which seems to have included much of the Libertarians.
NuculurNUTsurpri Zrd

Satellite Beach, FL

#1078824 Feb 12, 2014
Not Surprized wrote:
<quoted text>
Awww, poor NOT SURPRIZED is still being rejected.
Not Surprized! LOL

Since: May 11

Carlisle, PA

#1078825 Feb 12, 2014
DBWriter wrote:
<quoted text>
You saw where ObamaKare is written so "The Secretary will determine...." everything, moron.
What is so difficult to understand about that?
Refer to my post with the specifics on how "the Secretary" is commanded to make all determinations at their political whim without any specification written into ObamaKare to dictate what requirements "the Secretary" must conform to.
Let's go over this again.
Congress, nor any law, has the authority to allow anyone to violate the Constitution. This is because the Constitution has higher authority than anything... ANYTHING... in the country. Period. End of statement. End of discussion.
Unless you are rebelling against the constitutional republic. Then, I guess we'll have to fight about that.
Now, let's show how ignorant you are.
The Supreme Court ruled that there are at least two ways a law is unconstitutional for being vague:
When a law does not specifically enumerate the practices that are either required or prohibited. In this case, the ordinary citizen does not know what the law requires.(There are no standards or specifications which the Secretary must comply with to make the determinations required by ObamaKare. Thus, the Secretary can make any determination to suit any political or personal whim. If you can't see the unconstitutionality of this, nobody can help you.)
When a law does not specifically detail the procedure followed by officers or judges of the law.(ObamaKare website disaster. Helloooooo.)
As a guard, a law must particularly detail what officers are to do, providing both for what they must do and what they must not do. Judges must, under the doctrine, have a clear understanding of how they are to approach and handle a case.(Is the, to use the exact word in the ObamaKare law, "penalty" a "tax"? The people who wrote the law say, and use the word in the text of the law, "penalty". The Supreme Court reads the law and says "tax". Either the people who wrote the law don't have a clue what they were writing, or the Supreme Court can't read and understand the written English language, or ObamaKare is unconstitutional on the basis of being vague and ambiguous... among so many other unconstitutional aspects of the law.)
You're an ignorant dupe.
I never saw that.

You said it. not me.

You said Congress gave Sebelius the power to determine everything.

Then you had a freaking fit saying Obama can't change it.

I merely asked which time you were lying?

So which time was it?

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1078826 Feb 12, 2014
woodtick57 wrote:
<quoted text>that is nothing like i want.
i would like fellow citizens to have at least a basic knowledge of their own nation. unlike you...
why is it you don't move to a lower taxed country? can't find one worth living in? what do you think your puny little brain should take away from that fact? that we really are not taxed that much? that we need taxes to make a country worth living in?
most likely you will process this to mean that Obama is from jupiter...
I continually try to teach you about the basics of the United States. Here is a link so you can educate yourself on how the govenment works, and the rights you have:

http://www.usconstitution.net/const.html

Let us know if there is anything in that document you are unable to understand and need an interpreter to explain it to you.
NuculurNUTsurpri Zrd

Satellite Beach, FL

#1078827 Feb 12, 2014
Not Surprized wrote:
<quoted text>
Yes we know that I, NOT SURPRIZED aka WAXYWAXTURD, am so sad about my rejection that I am just too embarrassed to post my embarrassing location.
Not Surprized! LOL
Realtime

Cape Canaveral, FL

#1078828 Feb 12, 2014
flack wrote:
<quoted text>Watch Out: Your 401(k) Is Being Targeted
While attending a terrific symposium recently on the retirement challenges women face, I came away with a stark realization: Washington has a bull’s-eye on every American’s 401(k).
The Women’s Institute for a Secure Retirement (known as WISER), a nonprofit dedicated to improve the long-term financial security of women, had brought together administration officials, the savviest Capitol Hill insiders and retirement analysts working at financial services firms and think tanks.
Ignoring the Retirement Crisis
Speaker after speaker described how so many Americans – women in particular – lack the financial resources needed to retire, what Sen. Tom Harkin, a Democrat from Iowa, called “one of the most underreported crises” in America. We heard scary statistics, including that 48 percent of Americans have less than $10,000 in savings.
(MORE: The Likely Way Social Security Benefits Will Be Cut)
You might think this would be a moment when Washington would look for ways to encourage Americans to save. But “it’s not a good time to talk about incentives for savings when everyone is trying to cut spending,” Sen. Ben Cardin, a Democrat from Maryland, said at the retirement symposium.
The recurring underlying theme was this: Don’t be surprised if Congress and President Barack Obama make it harder to save for retirement starting in 2014.
The retirement crisis, aka baby boomers, is a byproduct of WWII and is being experienced throughout Europe and elsewhere As I've explained to your stupid azz for nearly five years the phenomena will skew all the government data used to describe unemployment, labor force participation and so on.

And there here comes Flack__ROFLMAO

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1078830 Feb 12, 2014
new yawk wrote:
Though all of your replies have been to a fake new yawk ( Yes, I have a doppelganger pest )
And she also wrote this post that you've replied to, I'll answer:( Since she aka debil, the nitwit most likely doesn't know ):
Malcolm X discovered Elijah Muhammad to be a fraud.
A not practicing what he was preaching charlatan.
And the rest .... You already know.
Yeah, good ol Louie ....
<quoted text>
I kind of figured that. I never thought you were as nuts as a pecan tree in November.
Yup. Exactly right. And, Malcolm X was preaching that the every day hardships of black people were due mostly to other black people.

Since: Mar 11

St. Croix valley

#1078831 Feb 12, 2014
RealDave wrote:
<quoted text>
I never saw that.
You said it. not me.
You said Congress gave Sebelius the power to determine everything.
Then you had a freaking fit saying Obama can't change it.
I merely asked which time you were lying?
So which time was it?
ever wonder why DumBell doesn't put the 'everything' inside the quotes in that post he keeps bullshitting about?

he can't even be honest with himself...
M Stein

Jamaica, NY

#1078833 Feb 12, 2014
Yeah wrote:
<quoted text>Then they should nominate Marco Rubio...
.... oh wait, he borrowed money from the government to go to school. But that's ok, reich wingers can forgive him.
.... oh wait, but he smoked pot. But that's ok. Reich wingers can forgive him for that.
.... oh wait, but he doesn't know if he's a real America. But that's ok. Reich wingers can forgive him for that.
It's.... amazing!!!!
Yeah. He's so GD awful that he probably has all his school records sealed. But don't worry, the MSM lapdogs will unturn every detail of every innuendo and accusation beginning with Pre-K.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1078834 Feb 12, 2014
RealDave wrote:
<quoted text>
I never saw that.
You said it. not me.
You said Congress gave Sebelius the power to determine everything.
Then you had a freaking fit saying Obama can't change it.
I merely asked which time you were lying?
So which time was it?
Congress does nothave the authority to give anyone any authority not given in the Constitution.

If you can't remember this, write it down on a piece of paper and pin it to your chest.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1078835 Feb 12, 2014
woodtick57 wrote:
<quoted text>that is nothing like i want.
i would like fellow citizens to have at least a basic knowledge of their own nation. unlike you...
why is it you don't move to a lower taxed country? can't find one worth living in? what do you think your puny little brain should take away from that fact? that we really are not taxed that much? that we need taxes to make a country worth living in?
most likely you will process this to mean that Obama is from jupiter...
Would Jupiter be a village in Kenya?

Since: Jul 11

Location hidden

#1078836 Feb 12, 2014
patbmak wrote:
McCain ran a sh**ty campaign. Even when people at the rallies tried to tell him that we are tired of this country going socialist, he shut them up! When will the Republican party stop running these old farts just because they think they're rewarding them? I knew from the beginning he was just too old and too old looking to ever be considered a serious contender for President. And his constant smiling and pumping of arms was really off-putting. He just didn't care about US!
McCain is a man of Honor, he made a poor choice in his running mate. Probably on advice for that very reason you talk about, he needed someone young and easy on the eye. The problem was she was very annoying to the ear. I don't agree with everything he says and if he was elected he may have been someone who would easily get the US into a conflict. So it turned out for the best. The problem is the GOP haven't got anyone behind close to his calibre.

Since: May 11

Carlisle, PA

#1078837 Feb 12, 2014
flack wrote:
<quoted text> Sheep dip!!! It is a monumental disaster. It is not constitutional for the president to change the law at his whim. That is what a dictator does. His job is to enforce the law as written by Congress. Not to decide what or when to enforce it. If Bush was trying to pull this crap off you libtards would be screaming to the moon.
Flack has no memory prior to Jan 20th, 2009.

I'm thinking Medicare part D & Immigration Law.

You don't know because Democrats weren't "OMG OMG OMG"ing it everytime Bush did something.

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