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  1. #1 a national retirement system ??? 
    Senior Member namvet's Avatar
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    seems Obozo is going after our 401K's, IRA's and retirement accounts. claims its not fair to poor people. legal?? that's means a national retirement system. read on

    A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administrationís effort to nationalize the nationís pension system and to eliminate private retirement accounts including IRAís and 401k plans, NSC is warning.

    The hearing, held in the Labor Departmentís main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.

    story

    if true he's to late for me. in 08 i had mine bundled and sent overseas.
    Liberals: Obama's useful Idiots
     

  2. #2  
    Senior Member Bailey's Avatar
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    Are you kidding me? no way it would get by the house and if it did for some reason get past it, the people with pitchforks and torches would amass outside the whitehouse.
    We're from Philadelphia, We Fight- Chip Kelly
     

  3. #3  
    Senior Member namvet's Avatar
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    Quote Originally Posted by Bailey View Post
    Are you kidding me? no way it would get by the house and if it did for some reason get past it, the people with pitchforks and torches would amass outside the whitehouse.
    he shoved deathcare down our throats. we may be in for another damned fight here. the house??? full a limp dicks
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  4. #4  
    Senior Member Bailey's Avatar
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    Quote Originally Posted by namvet View Post
    he shoved deathcare down our throats. we may be in for another damned fight here. the house??? full a limp dicks
    Yes he did shove it down our throats but it would take many more years of socialism for him and/or others to take 401k's/Ira's. There would be mass upraising and chaos.
    We're from Philadelphia, We Fight- Chip Kelly
     

  5. #5  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by Bailey View Post
    Yes he did shove it down our throats but it would take many more years of socialism for him and/or others to take 401k's/Ira's. There would be mass upraising and chaos.
    Things could collapse and change rapidly, this could quite easily happen very soon.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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  6. #6  
    LTC Member Odysseus's Avatar
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    Quote Originally Posted by Bailey View Post
    Are you kidding me? no way it would get by the house and if it did for some reason get past it, the people with pitchforks and torches would amass outside the whitehouse.
    He can bypass the house through executive orders that empower regulators to seize them, or to simply impose rules on the banks that force them to "invest" the funds in areas directed by the government, which is more subtle, in the sense that fascism is more subtle than outright socialism. By the time people figured out that their 401ks and IRAs were invested in solar panel makers and windfarms, the damage would already be done.
    --Odysseus
    Sic Hacer Pace, Para Bellum.

    Before you can do things for people, you must be the kind of man who can get things done. But to get things done, you must love the doing, not the people!
     

  7. #7  
    PORCUS MAXIMUS Rockntractor's Avatar
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    Quote Originally Posted by Odysseus View Post
    He can bypass the house through executive orders that empower regulators to seize them, or to simply impose rules on the banks that force them to "invest" the funds in areas directed by the government, which is more subtle, in the sense that fascism is more subtle than outright socialism. By the time people figured out that their 401ks and IRAs were invested in solar panel makers and windfarms, the damage would already be done.
    People have no idea what the potential consequences may be for reelecting this administration, Nova may enjoy mocking me with chicken little sky is falling pictures but he needs to remember he is old white and male, probably the least desirable person in this administrations eyes, the election is over and the gay part won't matter.
    There will be a massive transfer of wealth that will take place and the producers backs will be broken, those who have saved will be robbed and the money given to those that have not, the rights of citizens will become meaningless but the rights of illegals belonging to preferred races will rise.
    What Obama will put in place will not be sustainable and will probably crumble sooner than later but if you read any history whatsoever you will realize that the poverty and pain this could cause will last for decades.
    This is the world we give our children, soon enough those who sat out elections, threw away their votes on nonviable candidates or outright voted for Obama will curse the day they did so.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
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  8. #8  
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    Someone at work asked me to look into that story, and I did. It wasn't a congressional hearing, so no enaction of law can come from it, and it took place in September of 2010' with not a peep since. I think we can all sleep tonight.
    "Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
     

  9. #9  
    Senior Member Zathras's Avatar
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    Well, they wont get mine....I spent what was in it to survive 4 years of unemployment and it's all gone.
    Solve a man's problem with violence and help him for a day. Teach a man how to solve his problems with violence, help him for a lifetime - Belkar Bitterleaf
     

  10. #10  
    Senior Member namvet's Avatar
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    Quote Originally Posted by Bailey View Post
    Yes he did shove it down our throats but it would take many more years of socialism for him and/or others to take 401k's/Ira's. There would be mass upraising and chaos.
    don't tease me
    Liberals: Obama's useful Idiots
     

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