Off-Topic: Taxing/eliminating your 401K

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	Name:	water_watcher -
	Subject:	Taxing/eliminating your 401K
	Date:	3/13/2010 10:28:32 AM

Obama and the dems see a source of cash for them to fund more wasteful government programs ... and that is our retirement funds. They want access to this so they can issue IOU's like they did with social security. That way if the Chinese pull the plug they have somewhere to turn for cash.

When I first heard about this I dismissed it that it could never happen ... but there is growing talk of this and Obama has put a team together to look at what changes in the law would be necessary to allow access to our retirement money.

Not that we need another reason to have a regime change, but this just adds to the growing list.

Other messages in this thread:

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Taxing/eliminating your 401K - Yankee06 - 3/12/2010 6:57:07 PM

Taxing/eliminating your 401K - water_watcher - 3/13/2010 10:28:32 AM

Taxing/eliminating your 401K - MAJ USA RET - 3/13/2010 10:55:27 AM

Taxing/eliminating your 401K - water_watcher - 3/13/2010 11:18:12 AM

Be careful water_watcher - 4691 - 3/13/2010 9:40:19 PM

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