Obama Begins Push for New National Retirement System

Thanks for helping me out Spartan.

[link to www.nationalseniorscouncil.org]

Obama Administration that runs TRILLION Dollar deficits, wants to be in control of the Peoples money......lol hahaha We are SO Fukd!

Only a matter of when.. Everything belongs to the 'state'.

Sounds like 1960's Soviet Union doesn't it? Just saying.

In so many ways! We even have our own version of the old Pravda in our corrupt media and so-called journalists.

Quote:

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.”

everything that kenyan touch's turns to shit.

Socialism anyone?

Already stopped payroll retirement deductions. Looking into getting the money out, even if I have to pay penalties and taxes.
Welcome to the new liberal utopia.

Bottom line its Always about the money.. shame most older people don't seem to understand with all this debt the government has create, and looking at the numbers it's just going to be more profitable to kill them off than it is to pay for their health care and retirements..
Oh well you get what you voted for..

Hitler saved and or create all kinds of 'wealth' by doing this shortly after he took over Germany's 'health care' system. Most people don't even know about this happening back then.

Last Edited by ceawaves on 11/23/2012 09:32 AM

No shit.

"retirement system" in Obama-speak = dead.

Smart.

I have not used those types of accounts in years either. If it doesn't ching-ching in my hand I don't want it anymore.

all personal property will be confiscated and if your lucky you'll get a micro apartment.....

Let's push that retirement age to 110, then the gov. won't have to pay out SS. That article makes me sick! You have worKed hard, it's YOURS!

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..

Well if this isn't a bunch of shit.

They want it all, us human subjects are nothing but labor and taxes to the GOV.

My guess is all retirement accounts will be used to buy US Treasury Bonds, or the like. We are fucked...again.

Nothing surprising about that article. Apparently, it's unfair for people to save money because not everyone else saves money. Those with any pittance of savings at all will now be lumped in with the one percent. Instead of providing equal opportunities, we're providing equal outcomes. If you guys loved the remark about "you didn't build that," just wait for the sequel: "you don't own that." Forward!

I stopped paying into that myself when it became obvious to me that the looting of the nation wasn't going to stop with the unending banker bail-outs. I saw the writing on the wall and knew that any money, no matter who's money or what money, was a target for looting....I was right....

If you can't get your money out now, you can borrow against it, and take what you can out in dollar notes, invest them into something that will still be worth something in the near future, because the federal reserve notes are rapidly becoming worthless, and will ultimately wind up being abrasive toilet paper.

all your savings are belong to us

Uh, oh......

sometime in the very near future..............

the rest of the world is dumping the dollar and the US government will be officially bankrupt by midnight.....

Obama's crack financial team is huddled around the midnight oil.....

'''OK, gentlemen, what have we come up with?''''

Well Mr. President.... we suggest that you borrow from the national retirement fund.......

That sounds about right. Use them to buy the debt!

So not only do we get your tax dollars, we get your retirement too?

SWEET!

I may never have to work again.

Really doubt it's even really there anymore.. just cause you have a piece of paper claiming it there, don't mean it's really there.. Know of someone who believes they have 100 of thousands of dollars laid up in some retirement account somewhere. Doubt they will ever see a dime of it..

This was talked about in Senate committees a few years ago. Sen Tom Harking was the one running that show I think. They want to do it, but have been afraid to pull the trigger. We are a lawless nation enough already. If this looks like it will pass, I will withdraw every penny from my IRA and use it to buy land and preps.

... and I have ZERO faith that Boehner will "stand up" to anything after that 12 member super committee BS. Keep a watchful eye out folks.

Same here brother/sister.

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.

get your money out of your 401k. Do it slyly and reinvest it in something else other than stocks and banks.