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Posted: 10/17/2008 8:46:49 AM EDT
[#1]
Fuck Him. 
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Posted: 10/17/2008 8:49:05 AM EDT
[#2]
Fantastic
 ... they haven't screwed us enough with social security... so now this
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Posted: 10/17/2008 8:49:25 AM EDT
[#3]
Spread the wealth, bitches! Re-distributing that shit so you don't have to!
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Posted: 10/17/2008 8:50:54 AM EDT
[#4]
doesn't a government retirement program already exist? Maybe they should fix social secuirty first.
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Posted: 10/17/2008 8:53:37 AM EDT
[#5]
it's time
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Posted: 10/17/2008 8:55:18 AM EDT
[#6]
They can't. They spent the Socail Security monies...they need moar now.
It's past time. They know we'll take it, so they're going to keep giving it. |
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Posted: 10/17/2008 9:12:08 AM EDT
[#7]
This one is coming. Watch for it. This is how they are going to "fix" SS.
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Posted: 10/17/2008 9:18:54 AM EDT
[#8]
Clinton floated the very same thing at the beginning of his first term. It didn't work out too well for him (or the Democrat Congress at the time). That's not to say that this asshat won't try it again. (See my sigline) |
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Posted: 10/17/2008 9:21:42 AM EDT
[#9]
If they try to sieze 401Ks there will be a bloodbath -- either a literal one or a figurative one in the next election.
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Posted: 10/17/2008 9:22:52 AM EDT
[#10]
I say GREAT!!!!! (if we have to have socialism)
But... Call it "Social Security version 2", scarp the current SS tax BS and leave MY 401K alone! I would rather see that become Social Security (actual accounts) vs payouts from the general fund. |
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Posted: 10/17/2008 9:23:14 AM EDT
[#11]
I can see in the future where if you have a 401K you will not get SS. We need to give this to people who didn't invest in their future. Same old socialism, people make bad decisions and we get to bail them out.
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Posted: 10/17/2008 9:25:56 AM EDT
[#12]
Woohoo a 3% return with matching taxpayer funds!
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Posted: 10/17/2008 9:28:05 AM EDT
[#13]
Yeah, "Means Testing" was another of the things that were floated back then.  I remember all of that rotten shit.  |
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Posted: 10/17/2008 9:30:39 AM EDT
[#14]
Damn it to hell, whose idea was this anyway?
It's like someone just gave a greenlight for socialist programs. I fucking fed up! Which do think would be better, Costa Rica or New Zeland? |
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Posted: 10/17/2008 9:31:07 AM EDT
[#15]
That's the least of your problems; I absolutely guaranfuckingtee you that if this plan is ever implemented the funds won't be there for you when your retire. Just like social security. |
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Posted: 10/17/2008 9:44:46 AM EDT
[#16]
Yep, I heard about this a couple of weeks ago. The market will get absolutely hammered if they do this. Why? Because I know a lot of people who will liquidate their 401K before the law is implemented. I know that I will, penalties be damned. I'd rather get at least something back out of it now, than wait for the government to spend it all.
Additionally, my understanding is that what these people want to do is use the funds in your new government run "401K" to buy long bonds. Quite interesting that this comes out when just a week or so ago Paulson tried doing a long bond auction which failed, so he changed them to short term treasuries. Gee, nobody wants to buy long bonds, so we will force the
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Posted: 10/17/2008 9:49:10 AM EDT
[#17]
Yeah I am sooooo stupid to manage my 401k that I moved all my money to the Savings fund (only 3-4%) a year interest over 6 months ago. I didn't lose a thing you socialist pricks.
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Posted: 10/17/2008 9:51:00 AM EDT
[#18]
For fucks sakes, this shit has gotta end. One way or the other, it must stop.
The Liberty Tree is is bone dry. |
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Posted: 10/17/2008 9:52:17 AM EDT
[#19]
I'm getting ready to convert my wealth to a high speed asset so I can spread the wealth as needed......
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Posted: 10/17/2008 9:53:07 AM EDT
[#20]
More and more people think so. |
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Posted: 10/17/2008 9:55:15 AM EDT
[#21]
Wake up people we already live in a socialist country so get used to it. We have a Republican administration that is attempting to NATIONALIZE the banks!!!!!!! Under good ol' "W's" tenure the U.S. Dept of Education has nearly doubled, we have seen the creation of a Federal prescription drug care program which will dwarf Medicare in both cost and sheer scale, and last but not least the creation of the biggest most inept bureaucratic monstosity the world has ever seen called the Dept. of Homeland Security. When you have communists such as Hugo chavez now calling bush his "comrade" because he is doing the exact same thing that Chavez has done to his country in the past decade you can assume that the signatories to the Decralation of Independence are spinning in their graves at 10,000 rpm right about now. 
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Posted: 10/17/2008 9:58:29 AM EDT
[#22]
There is no reason to fund a 401K if the Govt sticks ther mitts into them.
At that point, hiding cash would be a better idea. |
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Posted: 10/17/2008 9:59:22 AM EDT
[#23]
 |
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Posted: 10/17/2008 10:00:27 AM EDT
[#24]
Double Tap
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Posted: 10/17/2008 10:00:56 AM EDT
[#25]
Agreed. |
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Posted: 10/17/2008 10:05:42 AM EDT
[#26]
The story of the ant and the grasshopper would have ended much differently if the grasshopper had the ability to vote for socialists....
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Posted: 10/17/2008 10:09:52 AM EDT
[#27]
Waldo, It is rotten shit. But having talked with numerous economists... I can assure you that "Means Testing" for social security benefits will be a reality some time down the road. One economist specifically said that it was likely that anyone who was a professional or had a college degree would some time down the road be "Means Tested" out of social security benefits. David Walker has some interesting words about the long term budget issues. |
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Posted: 10/17/2008 10:13:02 AM EDT
[#28]
Uh-uh. No way am I replying to this. I've already had my spanking. |
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Posted: 10/17/2008 10:14:20 AM EDT
[#29]
It's past time. Now there are 2 of us, who's going first? |
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Posted: 10/17/2008 10:14:28 AM EDT
[#30]
Until someone finds you have over $10k and it is taken under civil asset forfeiture and you have to prove it isn't criminal and is really yours. |
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Posted: 10/17/2008 10:15:41 AM EDT
[#31]
The time to hit the rest button seems to be getting closer.
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Posted: 10/17/2008 10:19:34 AM EDT
[#32]
The Legislature giveth and it taketh away.
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Posted: 10/17/2008 10:23:27 AM EDT
[#33]
Agreed. With me, that makes three. 
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Posted: 10/17/2008 10:24:33 AM EDT
[#34]
Yeah, I remember when W was finally forced to admit he'd need means testing as part of his privatization plan, went over like a lead balloon... |
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Posted: 10/17/2008 10:24:55 AM EDT
[#35]
I keep asking where the rally point is and no answers me
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Posted: 10/17/2008 10:25:09 AM EDT
[#36]
There's way too many fence posts to hide it under around here. I'll even tell you where mine is. See that big oak tree? Follow the fence row south, it's under the 37th fence post after the big rock. |
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Posted: 10/17/2008 10:43:18 AM EDT
[#37]
It's certainly a sad world when Chavez calls the president of the United States of America comrade... and it's hard to argue with it. |
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Posted: 10/17/2008 10:45:50 AM EDT
[#38]
It's only a matter of time.
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Posted: 10/17/2008 10:49:23 AM EDT
[#39]
So... they tax me more, and put some of that money into an account that I am also forced to "contribute" 5% of my pay, and in return I earn 3%? Sounds like a great way to wind up eating Alpo in retirement. But, hey, who cares, when there's also Socialist inSecurity and Medicare and other massive entitlement programs that will all be bankrupt by then, right? Cradle to the grave, until the burden on the few working people left is too much and the whole mess collapses. |
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Posted: 10/17/2008 10:51:05 AM EDT
[#40]
B B B B B BB BUT THE PEOPLE ON AR15.com TOLD US ALL THAT WE'D BETTER VOTE REPUBLICAN OR WE'LL END UP LIVING IN A SOCIALIST NATION!!!!
I've been called a traitor, an asshole, all sorts of names in the past 24 hours because I said I wasn't going to support the ruse any longer. I'll say it again. THE EMPEROR IS FUCKING NAKED. When will some of you dipshits get it? |
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Posted: 10/17/2008 10:52:54 AM EDT
[#41]
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Posted: 10/17/2008 11:01:26 AM EDT
[#42]
38° 53' 23.02" N 77° 0' 32.49" W |
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Posted: 10/17/2008 11:03:27 AM EDT
[#43]
Quoted:
Meh, I've met you and your very nice wife a few times. I honestly like you. That doesn't mean i agree with you all the time though.  I hope that doesn't mean we can't be friends.  |
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Posted: 10/17/2008 11:06:50 AM EDT
[#44]
Considering what's LEFT of my hubby's 401k and my IRA, they can have it.  I'm not really serious...but, y'know? |
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Posted: 10/17/2008 11:08:14 AM EDT
[#45]
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Posted: 10/17/2008 11:08:44 AM EDT
[#46]
Agreeing with everyone all the time is boring and it leads to intellectual stagnation. Look at the GOP for example...
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Posted: 10/17/2008 11:11:43 AM EDT
[#47]
I don't know, I thought David Rockefeller's office was Room 5600 at the Rockefeller Center? |
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Posted: 10/17/2008 11:15:19 AM EDT
[#48]
So would you recommend marriage? |
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Posted: 10/17/2008 11:16:31 AM EDT
[#49]
When do they come after the IRAs?
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Posted: 10/17/2008 11:16:56 AM EDT
[#50]
Sure. Just pick the right one, and sign a prenup even if its not romantic. Understand that like a poker hand, things can go south really fast and the hand you end up with 5 rounds down the line may not be the one you thought you had at the beginning. |
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