Green Energy
Goodbye, Private Retirement Accounts?
From the National Seniors Council (
hat tip to Will of
MFS - The Other News):
Obama Begins Push for New National Retirement System
A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans...
[...]
Such "reforms" would effectively end private retirement accounts in America...
Read the rest
HERE. One can only hope that the information is false. But is the information false?
-
"CHANGE" - US Treasury secretary says he has begun tapping federal retiree pension fund to avoid defaultFrom Will at THE OTHER NEWS: "CHANGE" - US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default.(StarTribune)....
-
When Life Beats Fiction... Obama's Pension Out Of Cayman's And Bigger Than Romney's
Romney says Obama also has investments in Chinese companies and through a Cayman Islands trustOne of the many tense moments in the second presidential debate turned on a new topic in the race: President Barack Obama’s pension account.Here’s how it...
-
Federal Employees
I'm glad that I receive the print edition of the Washington Post because a gem such as the following comes along quite often:Federal Answers: How would you be affected if you had to pay more into your pension plan?We asked: What would be the personal...
-
Senate Democrats want to seize private 401(k) plans to bail out union pensions From Watcher: They want to more "fairly" [re]distribute taxpayer-funded pensions to everyone. If this is not socialism, I don't know what is. (Human Events) Democrats...
-
Jihad On Your Retirement Account
Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs RALEIGH — Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert...
Green Energy