obamunist wants you 401k and IRA

H

HipLew

Junior Member
how do yall feel about the obamunist admin taking all you 401k and ira money and converting then to a US treasury/bond annuity for you?
 
This was floating around at one point:

eliminating $80 billion in tax savings for higher-income people enrolled in 401(k) retirement savings plans.

let workers trade their 401(k) assets for guaranteed retirement accounts made up of government bonds.
 
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Don't know if they are looking at it again however. Nothing could be worse then Bushes SSI scam. trade half your money to privatize it? LMAO.

Paying 7%+ of my pay over my entire life and I should not be worried that I may not get anything. Greedy government should pay there fucking fucking bills instead of living like kings and treating us like peasants.
 
Chapdog said:
Don't know if they are looking at it again however. Nothing could be worse then Bushes SSI scam. trade half your money to privatize it? LMAO.

Paying 7%+ of my pay over my entire life and I should not be worried that I may not get anything. Greedy government should pay there fucking fucking bills instead of living like kings and treating us like peasants.
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People in government don't garner particularly high salaries, and they take in a trivial percentage of the budget that wouldn't even begin to solve the SS solvency crisis. Even the president makes a hundredth of what the average CEO is pulling in.
 
HUGO STIGLITZ said:
People in government don't garner particularly high salaries, and they take in a trivial percentage of the budget that wouldn't even begin to solve the SS solvency crisis. Even the president makes a hundredth of what the average CEO is pulling in.
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you're only looking at this from the view at the cream of the crop private sector. if you look at average jobs, pay/benefits, you will find most jobs are paid more in the public sector. the competition to get government jobs is fierce for the average american.

to compare the president to a CEO is a bit dishonest. what kind of money does the president rake in after he leaves the public CEO job? MILLIONS.....

lets also be honest and admit that the perks the president get are worth more than MILLIONS that a high paid CEO gets.
 
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