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Obama Begins Push for New National Retirement System

 
ar-15 nut

User ID: 1281306
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11/23/2012 10:07 AM

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Re: Obama Begins Push for New National Retirement System
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.”

wtfWe are so screwed.
A pissed off American veteran!
WAKEUPAMERICA01

User ID: 28143246
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11/23/2012 10:08 AM

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Re: Obama Begins Push for New National Retirement System
wonder what they will force us to buy next to make it fair for everyone. Heathcare check. Retirement check. Housing check. Food check. We seem to provide an over abundant source of money for the gubmint to redistribute to those who won't, can't or don't. Don't get me wrong we should help take care of our children and elderly who can't take care of themselves. But this asinine belief that we should make it fair for everyone is absolute nonsense. So if you work and provide for your family and do what is morally and ethically right you are going to be punished to make it fair for those that will not participate. Life ain't fair folks and this admin. is proving that. WAKE UP AMERICA

militia

Last Edited by WAKEUPAMERICA01 on 11/23/2012 10:09 AM
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
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11/23/2012 10:10 AM
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Re: Obama Begins Push for New National Retirement System
Only a matter of when.. Everything belongs to the 'state'.
 Quoting: ceawaves


all personal property will be confiscated and if your lucky you'll get a micro apartment.....
 Quoting: Anonymous Coward 23011194


That is the plan... horde all the people up in a 5 by 10 hut and whore out all this country's natural resources..it's never been about 'green' anything except the money..
 Quoting: ceawaves


your right on the money.....

uh, oh..... I had a dream the other night that I was living in an abandoned barn with about 15 other people....
Anonymous Coward
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11/23/2012 10:10 AM
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Re: Obama Begins Push for New National Retirement System
Only a matter of when.. Everything belongs to the 'state'.
 Quoting: ceawaves


Sounds like 1960's Soviet Union doesn't it? Just saying.
 Quoting: Fighting Spartan


A good read...
[link to www.captaincanadacrusades.ca]

It is probably beyond the reading comprehension or attention span of some on this site, though.
Fighting Spartan (OP)

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11/23/2012 10:12 AM

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Re: Obama Begins Push for New National Retirement System
Thanks for the pin! blobr
"The people are the masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!"
(Abraham Lincoln)
Anonymous Coward
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11/23/2012 10:14 AM
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Re: Obama Begins Push for New National Retirement System
.


"the government needs to get involved because 401k plans
and IRAs are unfair to poor people"



What the fuck is this socialist bullshit??!


.
Anonymous Coward
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United States
11/23/2012 10:16 AM
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Re: Obama Begins Push for New National Retirement System
Lol He is all about redistribution..His father (real) is a commi after all...

Besides why QQ you were not guna get anything from your SS anyway~ They already squandered it all away.
Anonymous Coward
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11/23/2012 10:16 AM
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Re: Obama Begins Push for New National Retirement System
Why do you all make statements like "There will be a civil war"? No there will not be a civil war. American are cowards. Plain and simple. Sure there will be a few martyrs, but the overwhelming majority will fall in line with the new system. Whites are the worst. Fucking cowards. Yea, I'm white and see the majority of us are materialistic fucking dogs.
Anonymous Coward
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11/23/2012 10:16 AM
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Re: Obama Begins Push for New National Retirement System
get your money out of your 401k. Do it slyly and reinvest it in something else other than stocks and banks.
 Quoting: Skin Suit


Very good advice
Anonymous Coward
User ID: 3527053
Canada
11/23/2012 10:18 AM
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Re: Obama Begins Push for New National Retirement System
laugh

You Americans are going to take in the pooper! There will be NO civil war!!!
Fighting Spartan (OP)

User ID: 1342948
United States
11/23/2012 10:18 AM

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Re: Obama Begins Push for New National Retirement System
.


"the government needs to get involved because 401k plans
and IRAs are unfair to poor people"



What the fuck is this socialist bullshit??!


.
 Quoting: Anonymous Coward 27852969


Unbelievable isn't it?
"The people are the masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!"
(Abraham Lincoln)
Anonymous Coward
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11/23/2012 10:21 AM
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Re: Obama Begins Push for New National Retirement System
.


"the government needs to get involved because 401k plans
and IRAs are unfair to poor people"



What the fuck is this socialist bullshit??!


.
 Quoting: Anonymous Coward 27852969


Unbelievable isn't it?
 Quoting: Fighting Spartan


Get ready to take it in the pooper!
Lady Jane SmithModerator
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11/23/2012 10:22 AM

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Re: Obama Begins Push for New National Retirement System
They take all the 401k's that people have paid into and distribute it to the worthless and there could very well be civil war. Couple that with the looming gun ban and it's almost a certainty.

So obviously that's not how they will do it. No way in hell will "they" risk all out conflict that way. The way it will go down will be hard for the common folk to comprehend. (Easier and easier these days due to the absolute fucking moronity of the common American Idol viewers)

So how will they do it?

The constant encroachment like they are doing with guns?
An all out fabricated traumatic event?

Dunno.. Have to wait and see.
 Quoting: RelentlessDespot


It is starting to look more & more that what they want is this. "They" know this can only be pushed so far before people hit the flashpoint.

There is something serious happening under the surface. It is not difficult to demonstrate that all socialist systems have failed (or are miserably failing) after only a few decades.

I question why the are so aggressively pursuing such a proven failed model?
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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11/23/2012 10:23 AM
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Re: Obama Begins Push for New National Retirement System
all your savings are belong to us
 Quoting: N3m3s1s


~~~~~~~~~~~THIS~~~~~~~~~~~~~
Lady Jane SmithModerator
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11/23/2012 10:23 AM

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Re: Obama Begins Push for New National Retirement System
Thanks for the pin! blobr
 Quoting: Fighting Spartan


Good thread.

People need to be aware of this matter. The MSM certainly is not covering it.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
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11/23/2012 10:23 AM
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Re: Obama Begins Push for New National Retirement System
.


"the government needs to get involved because 401k plans
and IRAs are unfair to poor people"



What the fuck is this socialist bullshit??!


.
 Quoting: Anonymous Coward 27852969


it's the end of freedom and liberty.....
Bluebird

User ID: 27748381
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11/23/2012 10:23 AM

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Re: Obama Begins Push for New National Retirement System
Yes, this will take trillions out of the stock market at well, collapsing that as well, causing the price of just about everything to skyrocket.

No way to win with leftist in charge of anything.
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
Instant Karma
wheels within wheels

User ID: 4333020
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11/23/2012 10:24 AM

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Re: Obama Begins Push for New National Retirement System
It's not like Wall Street has a great track record. How many lost most of their savings in 2008 when The stock market tanked. 401ks are usually tied to stock mkt.

Last Edited by Instant Karma on 11/23/2012 10:25 AM
Dollar Deception: How Banks Secretly Create Money:

[link to www.webofdebt.com]
Mrbillybadass

User ID: 21031197
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11/23/2012 10:25 AM
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Re: Obama Begins Push for New National Retirement System

George Carlin on retirement. Just watch it long enough.
Anonymous Coward
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11/23/2012 10:28 AM
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Re: Obama Begins Push for New National Retirement System
They take all the 401k's that people have paid into and distribute it to the worthless and there could very well be civil war. Couple that with the looming gun ban and it's almost a certainty.

So obviously that's not how they will do it. No way in hell will "they" risk all out conflict that way. The way it will go down will be hard for the common folk to comprehend. (Easier and easier these days due to the absolute fucking moronity of the common American Idol viewers)

So how will they do it?

The constant encroachment like they are doing with guns?
An all out fabricated traumatic event?

Dunno.. Have to wait and see.
 Quoting: RelentlessDespot


It is starting to look more & more that what they want is this. "They" know this can only be pushed so far before people hit the flashpoint.

There is something serious happening under the surface. It is not difficult to demonstrate that all socialist systems have failed (or are miserably failing) after only a few decades.

I question why the are so aggressively pursuing such a proven failed model?
 Quoting: Lady Jane Smith


Norway is socialist and they are absolutely THRIVING!
Lady Jane SmithModerator
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User ID: 26177949
Sweden
11/23/2012 10:28 AM

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Re: Obama Begins Push for New National Retirement System
It's not like Wall Street has a great track record. How many lost most of their savings in 2008 when The stock market tanked. 401ks are usually tied to stock mkt.
 Quoting: Instant Karma


A person chooses & controls whether they wish to be in the stock market. 401Ks can be placed in bonds or cash if the owner chooses.

This plan will take everything you have & compel you into this system.

For an indication of how well this will work, one needs only look at the current Social Security system.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
No Dhimmi
Proud Infidel

User ID: 100809
United States
11/23/2012 10:30 AM

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Re: Obama Begins Push for New National Retirement System
My guess is all retirement accounts will be used to buy US Treasury Bonds, or the like. We are fucked...again.
 Quoting: Justalittlebad


^^ This is the plan- a percentage of all 401Ks will be mandated into Treasury Bonds to finance the debt - we are totally screwed - and liberals are to blame - they voted for this human error who calls himself Obama.
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Fighting Spartan (OP)

User ID: 1342948
United States
11/23/2012 10:34 AM

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Re: Obama Begins Push for New National Retirement System
They take all the 401k's that people have paid into and distribute it to the worthless and there could very well be civil war. Couple that with the looming gun ban and it's almost a certainty.

So obviously that's not how they will do it. No way in hell will "they" risk all out conflict that way. The way it will go down will be hard for the common folk to comprehend. (Easier and easier these days due to the absolute fucking moronity of the common American Idol viewers)

So how will they do it?

The constant encroachment like they are doing with guns?
An all out fabricated traumatic event?

Dunno.. Have to wait and see.
 Quoting: RelentlessDespot


It is starting to look more & more that what they want is this. "They" know this can only be pushed so far before people hit the flashpoint.

There is something serious happening under the surface. It is not difficult to demonstrate that all socialist systems have failed (or are miserably failing) after only a few decades.

I question why the are so aggressively pursuing such a proven failed model?
 Quoting: Lady Jane Smith


I agree Lady Jane. IMHO, I have thought for quite some time that everything from the (forced) housing crisis, to the (forced) economic crisis has all been to further push the Liberal Progressive agenda, but also to make their man Obama look as Licoln'esque as possible. Then, what better way for him to look even more Lincoln'esque than to preside over a civil war. May sound crazy, but this has been stuck in my mind for several months now.
"The people are the masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!"
(Abraham Lincoln)
Lady Jane SmithModerator
Forum Moderator

User ID: 26177949
Sweden
11/23/2012 10:36 AM

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Re: Obama Begins Push for New National Retirement System
They take all the 401k's that people have paid into and distribute it to the worthless and there could very well be civil war. Couple that with the looming gun ban and it's almost a certainty.

So obviously that's not how they will do it. No way in hell will "they" risk all out conflict that way. The way it will go down will be hard for the common folk to comprehend. (Easier and easier these days due to the absolute fucking moronity of the common American Idol viewers)

So how will they do it?

The constant encroachment like they are doing with guns?
An all out fabricated traumatic event?

Dunno.. Have to wait and see.
 Quoting: RelentlessDespot


It is starting to look more & more that what they want is this. "They" know this can only be pushed so far before people hit the flashpoint.

There is something serious happening under the surface. It is not difficult to demonstrate that all socialist systems have failed (or are miserably failing) after only a few decades.

I question why the are so aggressively pursuing such a proven failed model?
 Quoting: Lady Jane Smith


I agree Lady Jane. IMHO, I have thought for quite some time that everything from the (forced) housing crisis, to the (forced) economic crisis has all been to further push the Liberal Progressive agenda, but also to make their man Obama look as Licoln'esque as possible. Then, what better way for him to look even more Lincoln'esque than to preside over a civil war. May sound crazy, but this has been stuck in my mind for several months now.
 Quoting: Fighting Spartan


One thing they do need to deeply consider, if this is their goal, is that such actions tend to have very unpredictable outcomes.

I believe they will overplay their hand, if they have not already.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
No Dhimmi
Proud Infidel

User ID: 100809
United States
11/23/2012 10:37 AM

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Re: Obama Begins Push for New National Retirement System
They take all the 401k's that people have paid into and distribute it to the worthless and there could very well be civil war. Couple that with the looming gun ban and it's almost a certainty.

So obviously that's not how they will do it. No way in hell will "they" risk all out conflict that way. The way it will go down will be hard for the common folk to comprehend. (Easier and easier these days due to the absolute fucking moronity of the common American Idol viewers)

So how will they do it?

The constant encroachment like they are doing with guns?
An all out fabricated traumatic event?

Dunno.. Have to wait and see.
 Quoting: RelentlessDespot


It is starting to look more & more that what they want is this. "They" know this can only be pushed so far before people hit the flashpoint.

There is something serious happening under the surface. It is not difficult to demonstrate that all socialist systems have failed (or are miserably failing) after only a few decades.

I question why the are so aggressively pursuing such a proven failed model?
 Quoting: Lady Jane Smith


Norway is socialist and they are absolutely THRIVING!
 Quoting: Anonymous Coward 28333120


Norway is prosperous since the national resources belong to the state providing ~20% of income to the governement. Our president won't permit the expansion of our drilling here so there is no comparison to the US at this time. Unless the libs move to nationalize our oil/gas industry. Which is possible - note the vid by Waters when she slipped up and mentioned this.


The Norwegian economy is a prosperous mixed economy, with a vibrant private sector, a large state sector, and an extensive social safety net. The government controls key areas, such as the vital petroleum sector, through extensive regulation and large-scale state-majority-owned enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for the largest portion of export revenue and about 20% of government revenue. Norway is the world's second-largest gas exporter; and seventh largest oil exporter, making one of its largest offshore oil finds in 2011. Norway opted to stay out of the EU during a referendum in November 1994; nonetheless, as a member of the European Economic Area, it contributes sizably to the EU budget. In anticipation of eventual declines in oil and gas production, Norway saves state revenue from the petroleum sector in the world's second largest sovereign wealth fund, valued at over $500 billion in 2011 and uses the fund's return to help finance public expenses. After solid GDP growth in 2004-07, the economy slowed in 2008, and contracted in 2009, before returning to positive growth in 2010-11, however, the government budget is set to remain in surplus.

-CIA World Fact Book




Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 28336174
United States
11/23/2012 10:38 AM
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Re: Obama Begins Push for New National Retirement System
So.... what are you going to do about it, white man?
Billxam

User ID: 19542178
United States
11/23/2012 10:39 AM

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Re: Obama Begins Push for New National Retirement System
Thread: Nationalized Retirement Accounts
Reality Dysfunction has occurred. Please reboot reality.

Thank you.
Anonymous Coward
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United States
11/23/2012 10:39 AM
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Re: Obama Begins Push for New National Retirement System
Come on now the administration has been talking about this since they got in office. Gov needs a captured buyer for US Treasuries, China's not buying any more so that engine for global leverage, err I mean "growth", is history.

Accounts won't be confiscated, all your money will just be rolled into one gigantic fund to buy US debt since all other buyers have left the building (minus the Fed).

Of course, there will be no real money (or purchasing power) left in your account come retirement.
WAKEUPAMERICA01

User ID: 28143246
United States
11/23/2012 10:44 AM

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Re: Obama Begins Push for New National Retirement System


confessions of a economic hitman part 9
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: 28266567
Puerto Rico
11/23/2012 10:46 AM
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Re: Obama Begins Push for New National Retirement System
Really? Millions of Americans (including me) have worked hard for years to put a little something away for when I retire. I don't want my money in Obamas redistibution pocket to give part of it away to some bum who didn't work for it.

Does anyone think that Boehner and the Republican led House will stand up to this crap?

[link to www.theminorityreportblog.com]
 Quoting: Fighting Spartan


Its universal retirement , so no one is left without retirement alike the news stand attendant or the pawn shop
janitor who were on missery wages ...

how you like a retired teacher with a SS check of $120 dollars a month ? wile a boilermaker retires with $80,000 a year ?

Dont measure the value of others peoples contributions on what you did ...

everryone deserves a decent retirement ..

dirty poor or filthy rich ...

(END)