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Name:   Mack - Email Member
Subject:   Anybody Want to Make a Bet???
Date:   10/16/2013 7:45:47 PM

on how long after the beginning of 2014 my federal govment comes after my 401K balance to pay for their overdrafts??



Name:   MrHodja - Email Member
Subject:   Anybody Want to Make a Bet???
Date:   10/16/2013 10:15:54 PM

The Alabama CPA magazine has an article this month titled "A Beginner's Guide to Health Care Reform" that is quite revealing with regard to the ways that the guvmint is going to abscond with your wealth. Ever hear of the Patient-Centered Outcomes Research Institute? Well, hang on, because they will go after major medical plans, retiree-only plans,health reimbursement arrangements, dental and vision plans,health care flexible speding accounts, and emploee assistance programs with additional taxes....and read the name of the program and tell me with a straight face that this body isn't going to establish what your health care plan will and will not pay for. Incredible, but true. In spite of their incredible stupidity when it comes to fighting the spendocrats,vote Republican in 2014 or tell your kids to kiss their inheritance good bye.



Name:   MAJ USA RET - Email Member
Subject:   Skidding Experiment
Date:   10/17/2013 8:50:42 AM

Envision a small two lane bridge in the dead of winter… with a curve on the other side. The bridge is iced over and you are behind a couple of cars coming up on the bridge. The first car skids on the ice and goes over the embankment of the curve.   The second car slows… but still skids… and goes over the embankment.  You have just seen two failed outcomes. What would the reasonable person do?

 

We have watched Greece’s economy tank so far that they went after people’s savings ( ~ 401k?). We are watching Italy skidding on the same bridge. What would a reasonable government do?

 

Our government will begin to tax Social Security (needs testing = socialism). They will raise astonishing taxes on dividends and capital gains. Our government will punish the people who worked hard and saved for retirement… so that they can continue to coddle the non-productive, low information class.  The common bowl will crack… and then break… and the lower class will riot.





Name:   Buteye - Email Member
Subject:   Skidding Experiment
Date:   10/17/2013 10:48:56 AM

Social Security is already being taxed!



Name:   MrHodja - Email Member
Subject:   Skidding Experiment
Date:   10/17/2013 11:11:46 AM

That is a good part of the reason I am not taking it until I am 70. Since I am still working I would just give it all back in taxes.







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