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

 
Anonymous Coward
User ID: 25720208
United States
11/16/2012 03:36 PM
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Obama going after your 401k's and IRA's
Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
LOL
User ID: 27885208
United States
11/16/2012 03:41 PM
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Re: Obama going after your 401k's and IRA's
Where is there no DATE on that piece? It could have been from a few years ago.

It is NOT posted on the home page, either.
Renegade (Me too)

User ID: 24639180
United States
11/16/2012 03:42 PM

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Re: Obama going after your 401k's and IRA's
I knew it.

Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
 Quoting: Anonymous Coward 25720208

Who is John Galt?
Anonymous Coward
User ID: 25400707
United States
11/16/2012 03:44 PM
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Re: Obama going after your 401k's and IRA's
Where is there no DATE on that piece? It could have been from a few years ago.

It is NOT posted on the home page, either.
 Quoting: LOL 27885208


Isn't this what Social Security was supposed to be, originally?
Sledster
Get off my lawn....

User ID: 982167
Germany
11/16/2012 03:44 PM

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Re: Obama going after your 401k's and IRA's
LOL! Sorry "O", I already cashed mine in!!
I'm tired of waiting, somebody push the damn button already!

Please ignore the German flag, I am an American.

Keep your 72 virgins, give me one old biker chick.
Anonymous Coward
User ID: 27671404
United States
11/16/2012 03:46 PM
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Re: Obama going after your 401k's and IRA's
America is over and you took it without any revolt...nice.
Bend over America!
ohappy
LOL
User ID: 27885208
United States
11/16/2012 03:48 PM
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Re: Obama going after your 401k's and IRA's
Where is there no DATE on that piece? It could have been from a few years ago.

It is NOT posted on the home page, either.
 Quoting: LOL 27885208


Isn't this what Social Security was supposed to be, originally?
 Quoting: Anonymous Coward 25400707



Only to the sheep.

SS is a TAX, has ALWAYS been a TAX. It is NOT and has NEVER BEEN an insurance policy, "pension plan," retirement fund, etc.
Anonymous Coward
User ID: 25672410
United States
11/16/2012 03:54 PM
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Re: Obama going after your 401k's and IRA's
He's going to take EVERYTHING
Retirement and social security
Bank accounts
Homes, cars

Hell, we can't even have a home garden Nymore!
davvi
Happy Halloween!

User ID: 3677166
United States
11/16/2012 03:56 PM

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Re: Obama going after your 401k's and IRA's
Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
 Quoting: Anonymous Coward 25720208


holy crap, we already have a national retirement plan it is called social security. the federal government wants to start yet another redundant program in order to have yet another program to raid and steal money from those of us who work so they can buy votes from the shit who do not.

jesus, where will it stop? only when every fucking person in this country starts paying taxes will it end. while there are those who ride on our dime they will continue to vote themselves more of our money.
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Anonymous Coward
User ID: 23864453
United States
11/16/2012 03:57 PM
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Re: Obama going after your 401k's and IRA's
And amrickans going to send the dumb ass packing sand back to kenya.
Anonymous Coward (OP)
User ID: 25720208
United States
11/16/2012 03:58 PM
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Re: Obama going after your 401k's and IRA's
I hope the self-righteous fools who chose not to vote ("the lesser of two evils") realize that in essence they voted for Obama by default by allowing the "idiots" to in fact determine the winner of the Presidency!

The "idiots" with their hands out, that want "stuff" from the govt. are now going after the redistribution of retirment plans. So now the people with FREE "Obamaphones" are going to be demanding FREE "Obama Retirement Plans"!!!

This is SO fucked up!
truthwillsetyoufreeag​ain

User ID: 23952927
United States
11/16/2012 04:04 PM

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Re: Obama going after your 401k's and IRA's
Where is there no DATE on that piece? It could have been from a few years ago.

It is NOT posted on the home page, either.
 Quoting: LOL 27885208


I remember the fact that obama wants to do this was brought up about three years ago. That is not to say it's not happening again. It sounds like something that obama would do.
886
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time ago.
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abishere
Anonymous Coward
User ID: 15766346
United States
11/16/2012 04:07 PM
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Re: Obama going after your 401k's and IRA's
If this shit goes thru I am out of here and never looking back. Fuck this shit!
Uncle Alyosha
User ID: 27888961
United States
11/16/2012 04:07 PM
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Re: Obama going after your 401k's and IRA's
Those who believe Obama this, Obama that - you just don't get it. He is powerless to what's coming, as Mitt would have been. Use your brains, morans!
FatalW1shes

User ID: 18009481
United States
11/16/2012 04:12 PM

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Re: Obama going after your 401k's and IRA's
Where is there no DATE on that piece? It could have been from a few years ago.

It is NOT posted on the home page, either.
 Quoting: LOL 27885208


I remember the fact that obama wants to do this was brought up about three years ago. That is not to say it's not happening again. It sounds like something that obama would do.
 Quoting: truthwillsetyoufreeagain


That. I had that rumor down on my Site.

It will take a while to find it but I wrote about it.

So the date on the above article would be very important....

I don't want to dig through 149 pages....

[link to www.climatepatrol.com]

Everything that is happening now financially I said was coming. We are so fucking fucked it's hard to imagine.


War is the only way out. I mean a major war.
Anonymous Coward
User ID: 24874128
11/16/2012 04:18 PM
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Re: Obama going after your 401k's and IRA's
I just did a google search for the title of the article, and it was dated yesterday, Nov 15.
Anonymous Coward
User ID: 27855691
United States
11/16/2012 04:38 PM
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Re: Obama going after your 401k's and IRA's
get your money out now
WAKEUPAMERICA01

User ID: 25795289
United States
11/16/2012 04:49 PM

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Re: Obama going after your 401k's and IRA's
just remember you didn't build that some one else did that for you. We have to make it fair for everyone so all people get a fair shake at your hard earned money. Get your money out and put it back into your hands. Because you are going to need it more than the gubment. Also anyone that believes the SS is a national retirement better think again. Its insurance alright just not for you and me. That program has been a disaster waiting to implode. Those greedy little cock suckers beg borrow and steal from that each and every single year. WAKE UP AMERICA.
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Anonymous Coward
User ID: 6687000
United States
11/16/2012 04:53 PM
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Re: Obama going after your 401k's and IRA's
Americans will do what they do best- bedn over and take it deep up their asses. There's no life left in the yanks...
FatalW1shes

User ID: 18009481
United States
11/16/2012 04:55 PM

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Re: Obama going after your 401k's and IRA's
I just did a google search for the title of the article, and it was dated yesterday, Nov 15.
 Quoting: Anonymous Coward 24874128


Well my fear has been confirmed.


They talked about doing this. When a broke government needs money, where else to look?


It's citizens.

They will steal our money and leave IOU's and we won't do anything about it.
WAKEUPAMERICA01

User ID: 25795289
United States
11/16/2012 05:00 PM

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Re: Obama going after your 401k's and IRA's
Not mine cashed out some time ago, now my wife on the other hand gives as much as she can each month. Been telling her its time to get out while you still can and then I hear this shit on the radio this morning. I never cease to be amazed by what these liberal facist socialist douchebags will do WAKE UP AMERICA
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
Judethz
Israel is Eternal

User ID: 20521597
United Kingdom
11/16/2012 05:03 PM

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Re: Obama going after your 401k's and IRA's
I remember the fact that obama wants to do this was brought up about three years ago. That is not to say it's not happening again. It sounds like something that obama would do.
 Quoting: truthwillsetyoufreeagain


Same here
Nobody...
User ID: 967366
United States
11/16/2012 05:04 PM
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Re: Obama going after your 401k's and IRA's
LOL! Sorry "O", I already cashed mine in!!
 Quoting: Sledster


YOU are SMART!!!!!
Nobody....
User ID: 967366
United States
11/16/2012 05:11 PM
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Re: Obama going after your 401k's and IRA's
Not mine cashed out some time ago, now my wife on the other hand gives as much as she can each month. Been telling her its time to get out while you still can and then I hear this shit on the radio this morning. I never cease to be amazed by what these liberal facist socialist douchebags will do WAKE UP AMERICA
 Quoting: WAKEUPAMERICA01


Republican, Democrat...they both work for the same banksters. These guys (Presidents) are nothing more than economic hitmen. They want to control everything.
Is it hard to see that all of these roads lead to chipping people.

Your healthcare
Your sustenance
Your bills paid
Your mortgage paid
Your paycheck
Your retirement

All of these things and then some will be linked to this technology.

They are even going to give all the techno-tards a chip intheir heads so they want need a mouse anymore to control their PCs, laptops or any other applicable technology.

Yes, they want to hold your every though captive...the end of freewill.

Accept Christ folks...
Anonymous Coward
User ID: 7817543
United States
11/16/2012 05:12 PM
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Re: Obama going after your 401k's and IRA's
Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
 Quoting: Anonymous Coward 25720208


holy crap, we already have a national retirement plan it is called social security. the federal government wants to start yet another redundant program in order to have yet another program to raid and steal money from those of us who work so they can buy votes from the shit who do not.

jesus, where will it stop? only when every fucking person in this country starts paying taxes will it end. while there are those who ride on our dime they will continue to vote themselves more of our money.
 Quoting: davvi




lmao


Only if everyone STOPS paying taxes, and stops FINANCING THEIR OWN TYRANNY... will it ever end!
WAKEUPAMERICA01

User ID: 25795289
United States
11/16/2012 05:15 PM

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Re: Obama going after your 401k's and IRA's
you lost me at the christ part other than that totally agree. My question is this so these groups have all the money the land the people the power then what. When you have everything what else more could there be to control or manipulate.
WAKE UP AMERICA
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
Thomas Paine, The American Crisis, No. 1, December 19, 1776
"Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it."

Thomas Paine, The American Crisis, No. 4, September 11, 1777
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson, U.S. President.
"A majority of the people of the United States have lived all of their lives under emergency rule. For 40 years, [79 years now in 2012] freedoms and governmental procedures guaranteed by the Constitution have in varying degrees been abridged by laws brought into force by statutes of national emergency."
oldmandowntheroad

User ID: 24360013
United States
11/16/2012 05:19 PM

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Re: Obama going after your 401k's and IRA's
Canada or Mexico are starting to look better every day will I get reception on my obama phone in Canada? will eveerybody quit complaing and get to work. My foodstamps need to increase price of steak going up, now get to work, chop chop
Anonymous Coward
User ID: 17036978
United States
11/16/2012 05:21 PM
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Re: Obama going after your 401k's and IRA's
Not sure what this will look like. Heard rumors this year that they wanted to change our state retirement systgem into a 401k system. I guess they already knew this was coming.

"Such "reforms" would effectively end private retirement accounts in America, Crone warns. "These people want the government to require that ultimately all Americans buy these government annuities instead of saving or investing on their own. The Government could then take these trillions of dollars and redistribute it through this new national retirement system."

If this new system is treated anything like social security was we are all in trouble!
Renegade (Me too)

User ID: 24639180
United States
11/16/2012 05:23 PM

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Re: Obama going after your 401k's and IRA's
Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
 Quoting: Anonymous Coward 25720208


holy crap, we already have a national retirement plan it is called social security. the federal government wants to start yet another redundant program in order to have yet another program to raid and steal money from those of us who work so they can buy votes from the shit who do not.

jesus, where will it stop? only when every fucking person in this country starts paying taxes will it end. while there are those who ride on our dime they will continue to vote themselves more of our money.
 Quoting: davvi




lmao


Only if everyone STOPS paying taxes, and stops FINANCING THEIR OWN TYRANNY... will it ever end!
 Quoting: Anonymous Coward 7817543


How? Quit work?
Who is John Galt?
LOL
User ID: 27885208
United States
11/16/2012 05:24 PM
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Re: Obama going after your 401k's and IRA's
Obama Begins Push for New National Retirement System

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

...Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.

..."This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."

Link to full article:

[link to www.nationalseniorscouncil.org]
 Quoting: Anonymous Coward 25720208


holy crap, we already have a national retirement plan it is called social security. the federal government wants to start yet another redundant program in order to have yet another program to raid and steal money from those of us who work so they can buy votes from the shit who do not.

jesus, where will it stop? only when every fucking person in this country starts paying taxes will it end. while there are those who ride on our dime they will continue to vote themselves more of our money.
 Quoting: davvi



The votes don't count, you dumbass. Neither theirs nor yours.

Congrats; you have fallen for their Class Warfare B.S.
LOL
User ID: 27885208
United States
11/16/2012 05:27 PM
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Re: Obama going after your 401k's and IRA's
I hope the self-righteous fools who chose not to vote ("the lesser of two evils") realize that in essence they voted for Obama by default by allowing the "idiots" to in fact determine the winner of the Presidency!

The "idiots" with their hands out, that want "stuff" from the govt. are now going after the redistribution of retirment plans. So now the people with FREE "Obamaphones" are going to be demanding FREE "Obama Retirement Plans"!!!

This is SO fucked up!
 Quoting: Anonymous Coward 25720208



No, stupid shit. Ocommie was chosen to "win" this election a long time ago.

News








We're dropping truth bombs like it's the end of days!