Hillary - Everyone gets a 401k and $1k in matching funds... - Page 2

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[ARCHIVED THREAD] - Hillary - Everyone gets a 401k and $1k in matching funds... (Page 2 of 2)

Posted: 10/9/2007 12:21:49 PM EDT

[#1]

And if she gets elected and gets this monstrosity passed kiss your employer sponsored 401K's goodbye as every corporation will gladly drop their programs because the government is doing that now. And that will hurt because $1k in matching government credits will nowhere near make up for my matching contribution from my employer.

Got to love liberals, they take what the freemarket already provides, castrate it and force people to give up something good for something shitty so that every non achiever can now have the same as those who achieve. I don't care who runs against this lady, I will vote for them because nothing could be worse than her.

Posted: 10/9/2007 12:29:44 PM EDT

[#2]

Quoted:
I want all my social security money I have paid over the years back in cash, you stupid bitch.

+1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

Posted: 10/9/2007 12:30:36 PM EDT

[#3]

WTF is this "social contract" she speaks of????? As far as I know, the only "social contract" we have is the right for the government to leave us alone and allow us to pursue our own happines......as long as we aren't under attack or causing a legitimate problem with a fellow citizen.

ETA - Hitlery is revealing herself now more than ever to be a communist and a clear and present danger as a domestic enemy of America. And she might be president.

Posted: 10/9/2007 12:59:54 PM EDT

[#4]

Quoted:

Quoted:
I want all my social security money I have paid over the years back in cash, you stupid bitch.

+1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

me too.

I am a nice guy. Just give me the money no interest.

Posted: 10/9/2007 1:02:20 PM EDT

[#5]

Quoted:
I want all my social security money I have paid over the years back in cash, you stupid bitch.

I'm willing to cut my losses. As long as they agree to never deduct from my paycheck again.

Posted: 10/9/2007 1:08:30 PM EDT

[#6]

'08 election should be interesting

Posted: 10/9/2007 1:12:01 PM EDT

[#7]

Quoted:
I'm willing to cut my losses. As long as they agree to never deduct from my paycheck again.

Asking government to give up a stream of income is about as fruitful as asking a crack addict to put the pipe down.

Posted: 10/9/2007 1:14:05 PM EDT

[#8]

Quoted:
I want all my social security money I have paid over the years back in cash, you stupid bitch.

+1!!!

All of us who are more than a few years away from retirement KNOW that we won't have SS benefits. It'll be broke. So WHY pay it? (Besides the fact that the .gov is putting a gun to our employers' heads to make them pay it for us.)

Posted: 10/9/2007 1:17:07 PM EDT

[#9]

Quoted:

Quoted:
I want all my social security money I have paid over the years back in cash, you stupid bitch.

I'm willing to cut my losses. As long as they agree to never deduct from my paycheck again.

Me too.

Sad thing is, I think that most people in this country will not think things through enough to realize the implications of all these "free" handouts.

They just see the nice shiny "free" handout dangling in front of them and will take it, hook, line, and sinker.

Posted: 10/9/2007 1:26:43 PM EDT

[#10]

Sounds good to me.

She's getting my vote this time.

Posted: 10/9/2007 1:50:48 PM EDT

[#11]

Quoted:
Silver lining.

Hillary might be the way to get a percentage of Social Security moved to private savings.

I would love to see 1% of the SS taxed go into private bonds & 1% into private stocks.

You must have missed the very last 2 lines from the article.

Clinton said the accounts should not be used to replace any part of Social Security and that she is committed to addressing the long-term challenges of that program.

"We have to fight and finally bury the idea of privatizing Social Security," she said.

Posted: 10/9/2007 1:53:25 PM EDT

[#12]

Quoted:

Quoted:
No doubt that she is enjoying it. Probably making her wet.

Well THERE'S a mental picture guaranteed to scar for life....

She probably masturbates to a poster of Lenin.

Dear God.

Posted: 10/9/2007 1:57:44 PM EDT

[#13]

Quoted:
She's about a ~~stupid~~ evil fucking cunt...

Posted: 10/9/2007 2:02:36 PM EDT

[#14]

Quoted:

This woman will destroy America as we know it.

Completely.

And too many people are ready to teach the Republicans another "lesson" rather than try to stop it.

Posted: 10/9/2007 2:06:08 PM EDT

[#15]

Gee where is the vast right wing conspiracy when you need it. Also expect militias to come back and the feds to really crack down on them. Also expect some application of a fairness doctrin for AM radio and maybe even the internet in such sites as this. Imagine having to give equal time to DU'ers here. Ugh

Posted: 10/9/2007 2:07:52 PM EDT

[#16]

I do believe that SOME of you, are actually beginning to get it.

Posted: 10/9/2007 2:13:57 PM EDT

[#17]

So whats the use in working any longer, I worked my but to get through school to have a better life and some peice of crap thats lays around all damn day doing nothing gets my money I pay in taxes because I busted my ass to get where I am and I have to keep up there lazy fat asses, what the hellllllllllllllllllllllllllllllllllll,,, I am gonna quit work if she takes over and be like the others and do nothing and drive caddies and shop with monoploy money, have tons of free shit because I have a disease called lazieness. No one helped me through school, I did it on my own, working all damn day and going to school or doing homework all night, and by the way raising a family with that. Oh yeah and then I'm gonna blame everyone else in the U.S. for my problems. just ranting, I do believe in helping people that do need help because they are trying to help themselves or that can't help themselves, the others that don't do shit can F.O.

Posted: 10/9/2007 2:15:01 PM EDT

[#18]

Quoted:
I do believe that SOME of you, are actually beginning to get it.

It is better to have a RINO than a evil bitch commie-cunt in the White House?

Posted: 10/9/2007 2:15:29 PM EDT

[#19]

Hey Hillary you bitch, just let me opt out of Social Security/Medicare, KEEP what you've taken from me for 18 years and let me invest that 15.4% on my own.

Posted: 10/9/2007 2:18:13 PM EDT

[#20]

We're all gonna be rich!

Posted: 10/9/2007 2:35:36 PM EDT

[#21]

Quoted:

Quoted:

This woman will destroy America as we know it.

Completely.

And too many people are ready to teach the Republicans another "lesson" rather than try to stop it.

Worrisome part in red.

Said the other day that I was gonna vote 3rd party if the Reps didn't put up a good candidate.

If Hillary gets the Dem nod, then I have to vote for the candidate that will hopefully keep her out of the Oval Office.

And that pisses me off even more.

Posted: 10/9/2007 2:45:58 PM EDT

[#22]

Maybe its already been said. If she keeps talking like this she won't have a prayer. Taxpayers are smart enought to know that this can't work. Social Security isn't even solvent were is the $ gonna come from for this scheme?

Posted: 10/9/2007 2:46:33 PM EDT

[#23]

Quoted:

Quoted:
I do believe that SOME of you, are actually beginning to get it.

It is better to have a RINO than a evil bitch commie-cunt in the White House?

Noooo... that wasnt quite it.

Posted: 10/9/2007 2:54:05 PM EDT

[#24]

I guess this means the more children you have, the more money you get.

Awesome, I don't see how you could abuse this system...

Posted: 10/9/2007 2:54:34 PM EDT

[#25]

USA Accounts part deux

Posted: 10/9/2007 2:56:29 PM EDT

[#26]

Quoted:
Taxpayers are smart enought to know that this can't work.

You know, I'd really like to believe you here.

But it's difficult.

Posted: 10/9/2007 2:57:33 PM EDT

[#27]

I have an idea, why don't we incentive people to save for retirement by offering them tax breaks?

Oh wait we already do.

Posted: 10/9/2007 2:58:58 PM EDT

[#28]

I just don't care who the Republicans put up I will vote for them just so this socialist does not get elected. America can't afford the lesson she want's to teach it.

Posted: 10/9/2007 3:09:13 PM EDT

[#29]

I'd rather have something like this than the current social security system.

Posted: 10/9/2007 3:10:04 PM EDT

[#30]

Hillary can kiss my white pimply hairy ass on Times Square.

Posted: 10/9/2007 3:11:31 PM EDT

[#31]

Quoted:

Quoted:
I'm willing to cut my losses. As long as they agree to never deduct from my paycheck again.

Asking government to give up a stream of income is about as fruitful as asking a crack addict to put the pipe down.

No bad analogy, some crack addicts actual quit and the rest die.

Posted: 10/9/2007 3:15:30 PM EDT

[#32]

Quoted:
I make 25k a year and am perfectly capable of maxing my Roth IRA contribution every year.

What are you, responsible? The Democrats don't like your kind...

Posted: 10/9/2007 3:15:54 PM EDT

[#33]

Quoted:
I have an idea, why don't we incentive people to save for retirement by offering them tax breaks?

Oh wait we already do.

I'd like to see the limit for Roth IRAs increased dramatically, $5K/year isn't going to do much of anything for you.

Not everyone has 401Ks or anything of the sort, so you should be able to dump 10-20K into your Roth each year.

Posted: 10/9/2007 3:22:43 PM EDT

[#34]

TANSTAAFL.

Posted: 10/10/2007 7:10:10 AM EDT

[#35]

boortz.com/nuze/index.html

Today's Nuze

Wednesday, October 10, 2007

YET ANOTHER HILLARY ENTITLEMENT PROGRAM.

Hillary says that she is tossing the idea of a $5,000 baby bonus. Golly, I wonder why that would be? Truth is, she drove that wreck into the electoral parking lot and it dented far too many fenders.

So ... when one income redistribution plan fails, just roll in another. See if this one will do better.

So ... here is Hillary Rodham's latest great idea for a new entitlement program. American Retirement Accounts. Hillary proposes that every citizen have a 401(k)-type retirement account. You can put up to $1,000 annually in the account and the government will match 100% of it (if you make less than $60,000).

How will she pay for this? Taxes!! The $20 to $25 billion cost of this entitlement program would be paid for by death taxes levied on estates of more than $7 million per couple. She says that this will help "narrow the gap" between the evil rich and the "unfortunate" people who don't have enough savings for retirement.

OK .. rather than going through a long narrative on Hillary's latest tax-and-spend plan, let me just give you some bullet points.

For every dollar families earning less than $60,000 a year put into their account the federal government will match that dollar – up to $1000. This will be called a "refundable tax credit."

Refundable tax credits are a scam.

In the mid 1970s I purchased my first home. Builders were having a tough time selling homes back then, so the government instituted a $2000 tax credit for anyone purchasing a newly-built home. This meant that I could take when I filled out my tax return I would subtract whatever I owed the government by $2000, and pay the difference. If my tax liability minus $2000 equaled zero or less, then I simply didn't pay any federal income taxes, and that was the end of the story.

That is not the way "refundable" tax credits work. With the modern invention of the "refundable" tax credit you once again subtract the credit from the taxes you owe the federal government. BUT ... if the tax credit is more than the taxes you owe, the government pays you the difference! In other words, the government uses its police power to seize the difference between the amount of taxes you owed and the amount of your credit from some other individual, and then hands that money over to you.

Income redistribution ... pure and simple.

Hillary's little savings scheme isn't going to cost the "government," as she say, $20 to $25 billion. Much of that money is simply seized by the government and handed over.

Now .. if Hillary gets her little entitlement plan passed, let me tell you what the future holds in store. In campaign after campaign Democrats will tell the voters "Vote for me and we'll increase the contribution limit for your American Retirement Account. Vote for that evil Republican running against me and he will take your money away!

By the way ... you don't have to work to get this handout. Of course if you don't work, you don't have income. If you don't have income you don't owe income taxes. That would mean that every single non-working person in this country would just have to find $1000 somewhere to put into this account and the government would rush forward to match it with someone else's money.

Illegal aliens? I don't know. She hasn't said yet. Maybe someone will ask this dangerous woman if she plans to set up these accounts for illegals. The answer should be interesting.

Something else interesting: Hillary says that less than half the families in the U.S. have retirement savings accounts. Another lie. Ever heard of Social Security? Now instead of creating this new entitlement program, why not just establish private accounts for each and every poor sap paying into Social Security right now? Oh wait, I forgot. The politicians need those Social Security taxes to fund their vote-buying programs.

Watch this woman. All she seems to be doing lately is coming up with ideas for government entitlement programs ... and government entitlement programs are nothing more than wealth redistribution programs. Check your scorecard we have:

* Nationalized Health Care.
* The Baby Bonus
* American Retirement Accounts
* Hillary's idea of government involvement in our children's education even before kindergarten!

In the meantime ... have you heard one single idea from Hillary that would increase your personal freedom? Have you heard one single idea that would decrease the intrusiveness or the power of the Imperial Federal Government? How about one idea that would promote competition in the free market?

You're right ... you haven't.

You haven't because Hillary Clinton worships the God of Government. This is a woman who feels that there are only a select few in this country who are capable of ordering and living their own lives without guidance from those smarter and more capable than they. This is a woman who believes to the depth of her soul that you can't exist without embrace of government guiding your every step and picking you up every time you stumble.

To Hillary Rodham Clinton, self sufficiency is a vice.

What's next? Stay tuned, it should only take a day or two to figure that out.

Posted: 10/10/2007 7:25:44 AM EDT

[#36]

I don't think anybody has noticed but 5,000*$1,000=$5,000,000.00. That's a 71.4% tax. Basically, what she is wanting to do is convert the production capability of America into cash. It will run, not walk, jobs out of the U.S.A. We will no longer have a illegal immigration problem though, because all of the jobs will be gone. And I would be willing to bet that Hillary will write it so that Her estate is not taxed.

Posted: 10/10/2007 7:41:49 AM EDT

[#37]

Ms. Clinton, can I cash in my national gimme plan to buy sneakers and some
twenny fo's for my navigator?

Posted: 10/10/2007 7:43:51 AM EDT

[#38]

All I think of when I see everyone getting something is the people who have will have their money stolen and by the time it is given away it will be adjusted with inflation to be worth a whole lot less than what was stolen.

These days I am no longer surprised with articles like this, when I read the thread title I thought it might be from the onion and then said to myself, "nope it is real and folks capable of getting elected are stupid enough to think this will work."

Posted: 10/10/2007 7:44:36 AM EDT

[#39]

Let's say everybody in the US gave everybody else in the US one dollar. So we start by everybody giving a dollar to some guy in Florida. Now he's a millionaire. But by the time he's given a dollar to everybody else, he's right back where he started. Redistributing wealth makes about as much sense, and I've actually heard this 'give everybody a dollar' nonsense from stupid libtards who thought it was a great idea.

Posted: 10/10/2007 7:46:24 AM EDT

[#40]

I wonder if this is a replacement for SS. Take half of FICA and that's the 401k.

Posted: 10/10/2007 7:56:58 AM EDT

[#41]

Quoted:
I wonder if this is a replacement for SS. Take half of FICA and that's the 401k.

Yet, once again...

Clinton said the accounts should not be used to replace any part of Social Security and that she is committed to addressing the long-term challenges of that program.

"We have to fight and finally bury the idea of privatizing Social Security," she said.

Posted: 10/10/2007 7:57:36 AM EDT

[#42]

Quoted:
I don't think anybody has noticed but 5,000*$1,000=$5,000,000.00. That's a 71.4% tax. Basically, what she is wanting to do is convert the production capability of America into cash. It will run, not walk, jobs out of the U.S.A. We will no longer have a illegal immigration problem though, because all of the jobs will be gone. And I would be willing to bet that Hillary will write it so that Her estate is not taxed.

Thats nothing, the tax rate back in the 40's was in the 80's and 90's. See Here

If she wants the poor to get money, have her donate most of their estate to the poor and get her rich friends to help out. Leave us alone.

Posted: 10/10/2007 8:28:02 AM EDT

[#43]

The point is, that the entire estate would have to be converted into cash so that the tax could be paid. That is 100% destruction of most estates.

Let's say everybody in the US gave everybody else in the US one dollar. So we start by everybody giving a dollar to some guy in Florida. Now he's a millionaire. But by the time he's given a dollar to everybody else, he's right back where he started. Redistributing wealth makes about as much sense, and I've actually heard this 'give everybody a dollar' nonsense from stupid libtards who thought it was a great idea.

But it does create government jobs and union jobs so that the wealth can be redistributed. The cost of the government program to redistribute the wealth would be just about equal to the wealth being redistributed. It's just another crazy liberal scheme.

[ARCHIVED THREAD] - Hillary - Everyone gets a 401k and $1k in matching funds... (Page 2 of 2)

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