Off-Topic: I'm not Wrong...maybe
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Name:   Yankee06 The author of this post is registered as a member
Subject:   I'm not Wrong...maybe
Date:   3/25/2010 10:31:23 AM

Hound,
-There really is a movement a foot to transfer IRA's and tax-deferred 401Ks, etc. to government control.
-Teh argument the government is using is that people are unhappy and fearful as a rsult of teh large losses/decreases in their 401's and IRA's over the last two years.
-Certain congressional committees and congressmen/women are talking about offering people the chance to transfer the value of their 401's into government bonds that will guarantee 3% above inflation. There are several variations of this idea. These proposals are all talk at the moment, but getting more traction, and eventually one will take hold if this present cast of clowns stays around.
-This transfer to bonds sOunds good and it is good for some. Problem is that the governemnt will then use these trilliions of dollars, just like they used Social Security monies, to fund other programs. When people then retire and want their money, the government will then again have to raise taxes to pay them off.
Other messages in this thread:View Entire Thread
Proposal by the President of the SEIU - lotowner - 3/24/2010 4:00:46 PM
     Proposal by the President of the SEIU - GoneFishin - 3/24/2010 4:42:21 PM
          Proposal by the President of the SEIU - lotowner - 3/24/2010 4:58:39 PM
               Proposal by the President of the SEIU - lotowner - 3/24/2010 5:05:38 PM
          GF, makes you proud to be a democrat - wix - 3/24/2010 6:45:32 PM
     Proposal by the President of the SEIU - Talullahhound - 3/24/2010 5:14:38 PM
          Hound, you are wrong once again - MartiniMan - 3/24/2010 5:24:06 PM
               I'm not Wrong - Talullahhound - 3/25/2010 8:27:25 AM
                    I'm not Wrong...maybe - Yankee06 - 3/25/2010 10:31:23 AM
                         I have read about the Proposal - Talullahhound - 3/25/2010 3:22:59 PM
                              And what the HE!! is SS. - Lifer - 3/25/2010 6:51:57 PM
                    Yes you are!!! - MartiniMan - 3/25/2010 11:28:50 AM
                         Huh? Not consider the Source? - Talullahhound - 3/25/2010 3:28:42 PM
                              You must be kidding - MartiniMan - 3/25/2010 4:56:27 PM
          Hound, - wix - 3/24/2010 6:41:40 PM
          Proposal by the President of the SEIU - Barneget - 3/24/2010 8:04:34 PM
               Hey Wixieeee - GoneFishin - 3/25/2010 1:16:50 AM
                    Aesop et al - MAJ USA RET - 3/25/2010 8:41:01 AM
                         Aesop et al - Talullahhound - 3/25/2010 9:59:36 AM
                              This is ALL about Options - MAJ USA RET - 3/25/2010 10:27:59 AM
                                   This is ALL about Options - Talullahhound - 3/25/2010 3:27:27 PM
                    Hey GF& Wixieeee&... - Yankee06 - 3/25/2010 10:15:08 AM
                    Hey GF - wix - 3/25/2010 2:31:30 PM
                         Hey WIXIEEEEEEEE - GoneFishin - 3/25/2010 2:56:24 PM
                              Gone - wix - 3/25/2010 6:41:56 PM
               You can - Talullahhound - 3/25/2010 8:30:31 AM
                    You can - Yankee06 - 3/25/2010 12:19:53 PM
                         You can - Talullahhound - 3/25/2010 3:34:04 PM
                              Racism???? - Yankee06 - 3/25/2010 6:34:41 PM
                                   Racism???? - Talullahhound - 3/25/2010 7:52:21 PM
                                        Racism???? Really??? - Yankee06 - 3/25/2010 8:51:24 PM
                                        I'd be done too if I said that many stupid things - MartiniMan - 3/25/2010 9:46:49 PM
                                             For always there are... - MAJ USA RET - 3/25/2010 10:32:44 PM
                                                  For always there are... - MartiniMan - 3/26/2010 11:46:04 AM
                                                       For always there are... - MAJ USA RET - 3/26/2010 7:57:31 PM
          Take racism seriously? - Lifer - 3/25/2010 7:25:08 PM


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