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View Full Version : Brace if this goes through 401K



Sarge
10-08-2008, 02:19 PM
Mods putting this here so the most will see what is going on with the Govt.

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081007/REG/810079894
BagOfEyebrows
10-08-2008, 03:17 PM
"guaranteed retirement accounts made up of government bonds"

that line made me laugh to myself.
kathy88
10-08-2008, 03:22 PM
how odd.... it made me cry
Rhys
10-08-2008, 03:30 PM
what makes people believe so much in government? what is it in their head or heart? anyone know?
RoyalShock
10-08-2008, 03:38 PM
They want our money and they want it now.

Pimping government bonds = "We can't adequately fund government operations and need an infusion of cash from the taxpayer."
Sarge
10-08-2008, 03:47 PM
Yup, leave it to them to mess everything up. Sickening.

They don't want you to be able to have any growth of your money in retirement.

You can bet there will be growth in inflation. Mega inflation.
enjerth
10-08-2008, 04:08 PM
what makes people believe so much in government? what is it in their head or heart? anyone know?

I'm thinking Arby's?
lucius
10-08-2008, 04:22 PM
Want it/will get it...watch.
Jodi
10-08-2008, 04:27 PM
Congress should let workers trade their 401(k) assets for guaranteed retirement accounts made up of government bonds, suggested Teresa Ghilarducci, an economics professor at The New School for Social Research in New York.

What??? Lets just keep this transfer of wealth a rocking and a rolling.
Cleaner44
10-08-2008, 04:31 PM
Don't you just love how Democrats see non-tax as a subsidy that the govt give to people? If they let you keep your money, then it is a gift from them.