DEMS Wannt Your Private Retirement Accounts

Bob and Hooligan

Veteran Expediter
Charter Member
Last I heard Obama wasn't their president. He is the President elect of the USA. If he is not your President, feel free to leave.

Road Hooligan
 

chefdennis

Veteran Expediter
THEIR as in Dems, seems pretty simple to figure out since the article and the video are about or of DEMS!
 

chefdennis

Veteran Expediter
Something better? run by the Governmet!?!? lol

Give the goverment the sahara desert and in a short time, there would be a shortage of sand!
 

Turtle

Administrator
Staff member
Retired Expediter
This proposal is very, very very, real. It's mostly being sugar-coated in the mainstream media, but Teresa Ghilarducci is a real person and her testimony as reported at the link above is accurate. It also reflects her thoughts and ideas in a book she wrote back in May. I seriously doubt that her proposals will be accepted as-is, but the semi-panic by a lot of people watching their retirement shrink away is giving her renewed steam.

If you want to read something semi-hilarious, look at just how sugar coated it can get, here from ABC News:
ABC News: Movement to Scrap 401(k)s Gains Traction

After reading that, it sounds a like a great plan, especially to someone who's taken a 40% hit on the IRA or 401(k). Of course, he leaves out a few details, and it's written to sound like it's all gonna be OK if you just let the government handle things.

It's a short read. Go ahead, click it. :)
 

Tennesseahawk

Veteran Expediter
Exactly, Turtle. The same government who raided the SS lockbox, as they like to call it. They expect us to TRUST them to keep their mitts off of this? They gotta be outta their freakin skulls!!!
 
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