Obama going after your 401k’s and IRA’s

@jonnythan Said

This is a really stupid article, and posting this thread requires a complete failure of rational processes.

This was a hearing to collect viewpoints on why Americans aren't saving as much as they probably should. The idea that the government is considering eliminating IRAs and 401k plans is absurd; the idea that they're actually on the verge of "confiscating retirement accounts" is braindead stupid.

Seriously. You're a pretty bright person. Quit believing all this stupid bulls***.

@jonnythan Said

Say it with me, Alkaia:

"OK, it's possible I overreacted at this poorly-written, unsourced article's claims."

It's OK. Don't fight it, just accept your mistake and move on.

@Alkaia Said



ok maybe a little. I dont trust those sunsab****es at all.

they already killed me with obamacare so I got my eye on em

@ThePainefulTruth Said

Oh, thank GOD! Thanks for making me realize there's absolutely nothing to this.




And you way way way under-reacted, like by 99%. And each time you do your cred takes another uppercut to the brain. Everybody knows the government would never have another hair-brained idea like this……again…....and again…..and again……and again…..and again……….

@Alkaia Said

either way, the stock market is bloated falsely now by all that fed air money.

@Alkaia Said

oh and I dont invest in it myself personally, I have a broker.

@Alkaia Said

Here's some others. Dont expect it to be mainstream. They dont want you to know about this. Youll know about it when it passed.

https://www.examiner.com/article/government-considering-socializing-retirement-accounts

Mark Levin interviewed Professor Teresa Ghilarducci whose plan for the U.S. government to take over private pension plans to "protect retirees" is being touted by Congressman Barney Frank. This interview will go down as classic Mark Levin

https://www.freerepublic.com/focus/news/2117260/posts

The simply fact is they are talking about it. and with the massive debt we have, dont be surprised at what gets the hatchet all for the good of all, I am sure.

@jonnythan Said

Kids, this is what a reasonable human being looks like:



This is what a crazy person absolutely blinded by partisan, political hatred looks like:

@Leon Said

We already have a national retirement system. It's called Social Security.

@Alkaia Said

wasnt the way I saw it.

either way, the stock market is bloated falsely now by all that fed air money.

Quote:
oh and I dont invest in it myself personally, I have a broker.

@shinobinoz Said

https://factcheck.org/2008/11/iras-401ks-and-you/
Now stop posting s*** please.

@El_Tino Said

So why are you still in?



Brokers are there to sell you something. I personally have the majority of my investments in low-fee index funds in accounts with no sales commissions. If your interested in more information, check out any book by John Bogle, founder of Vanguard.

@Leon Said

We already have a national retirement system. It's called Social Security.

@El_Tino Said

So why are you still in?



Brokers are there to sell you something. I personally have the majority of my investments in low-fee index funds in accounts with no sales commissions. If your interested in more information, check out any book by John Bogle, founder of Vanguard.