Congree might start messing with our ...

Congree might start messing with our 401k

Posted in the Rochester Forum

Ha Ha

Iraq

#1 Feb 26, 2013
http://business.time.com/2012/11/28/fiscal-cl...

http://conservative50plus.com/blog/401k-natio...

they better finish disarming the masses before they do this ...
Country Boy

Batavia, NY

#2 Feb 26, 2013
You had to know this was going to happen. That large pool of money is too tempting to the Federal Government to leave alone.

After converting everyone's 401K to a government pension backed by 3% guranteed bonds, they will flood the market with paper money and inflation will spike causing a negative return on your money.

Just as President Bush raided Social Security to fund two illegal wars, this pot of money is going to solve part of the National debt problem.

BTW, a South American country, I believe it was Chili, has already done this. The precedence has already been established on the World stage.

IescapedNY

Since: Nov 11

Location hidden

#3 Feb 26, 2013
Ha Ha wrote:
http://business.time.com/2012/ 11/28/fiscal-cliff-why-congres s-might-have-to-mess-with-the- 401k/
http://conservative50plus.com/blog/401k-natio...
they better finish disarming the masses before they do this ...
Let the Revolution begin.

S/N I am keeping my guns.

IescapedNY

Since: Nov 11

Location hidden

#5 Feb 26, 2013
Grady Stiles wrote:
And the gov't wonders why people move assets out of this country to offshore accounts. Time to vote these liberal leeches out of office!!!!
The liberal media will never list the democrats in favor of stealing our money. Like they listed legal gun owners addresses.

But we the people can do it right here on the internet.

pigpen911

Since: Mar 11

Location hidden

#6 Feb 26, 2013
Country Boy wrote:
You had to know this was going to happen. That large pool of money is too tempting to the Federal Government to leave alone.
After converting everyone's 401K to a government pension backed by 3% guranteed bonds, they will flood the market with paper money and inflation will spike causing a negative return on your money.
Just as President Bush raided Social Security to fund two illegal wars, this pot of money is going to solve part of the National debt problem.
BTW, a South American country, I believe it was Chili, has already done this. The precedence has already been established on the World stage.
I agree with 99% of what you said,but it was Clinton that passed the law stating the goverment could "raid" Social Security and also tax it when a person collect it,not Bush.Just saying. BTW: I am not or ever have been a fan of Bush or most of his polices.

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