If I recall correctly, Pelosi recently has made comments regarding disbanding 401k plans in lieu of a government forced retirement program (seperate from SS obviously). Does anyone have any links or direct quotes? Does that sound familiar, or am I just having Democrat anxiety disorder and dreaming up scenarios that she, Reid and Barack will take my freedoms?
http://www.workforce.com/section/00/article/25/83/58.php http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/310139971
Says a lot when the gov't feels the need to force people to save for their retirements. It's one extreme to the next - fund it yourself or we'll force you like it or not.
She's well taken care of...... Speaker of the House Nancy Pelosiâs home district includes San Francisco. Star-Kist Tunaâs headquarters are in San Francisco, Pelosiâs home district. Star-Kist is owned by Del Monte Foods and is a major contributor to Pelosi. Star-Kist is the major employer in American Samoa employing 75% of the Samoan workforce. Paul Pelosi, Nancyâs husband, owns $17 million dollars of Star-Kist stock. In January, 2007 when the minimum wage was increased from $5.15 to $7.25, Pelosi had American Samoa exempted from the increase so Del Monte would not have to pay the higher wage. This would make Del Monte products less expensive than their competitions. Last week when the huge bailout bill was passed, Pelosi added an earmark to the final bill adding $33 million dollars for an âeconomic development credit in American Samoa.â Pelosi says...Republicans are corrupt.
work hard and save sucker: http://incentives-matter.blogspot.com/2008/10/argentinas-government-after-private.html
Under Ghilarducciâs plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration.
Under Ghilarducciâs plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration. O my God what else is coming? How is this all gonna end?
with the govt looting a larger trust fund pool to spend more and stuffing it in return with more "special" non-marketable I.O.U.s.
Funny how this gets little media coverage, but instead we're forced to read about really important issues like how much Sarah Palin spent on plane tickets/dresses.