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Democrats eyeing siezure of your 401K
http://www.sabresjunkie.com/forum/viewtopic.php?f=12&t=3319		 Page 1 of 1
Author:  Crosscheck [ Wed May 12, 2010 3:02 pm ]
Post subject:  Democrats eyeing siezure of your 401K
MORE MONEY!
The beast must be fed and the Social Security fund has run dry...MORE MONEY!
Quote:
U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and individual retirement accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry.


http://www.investors.com/NewsAndAnalysi ... ?id=533718

I'm already 50% off-shore...fuck you Uncle Sam.

Someone tell me this is an awesome idea...pretty please? :lol:
Author:  NYIntensity [ Thu May 13, 2010 8:58 am ]
Post subject:  Re: Democrats eyeing siezure of your 401K
Without caring enough to read the article, is the summary that they want to take my 401k that I've been responsible enough to save and spread it out amongst all the schmucks who've been planning on receiving a social security check?
Author:  Sabresfansince1980 [ Thu May 13, 2010 9:17 am ]
Post subject:  Re: Democrats eyeing siezure of your 401K
All the stupid or self-serving Repub or Dem ideas out there won't make a difference. In the long run the economy will collapse regardless and all of us that were responsible, saved, and prepared for retirement will be farked. I just hope that it can hang on for another 15 years so I have at least a few years to live well before the roof caves in.
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