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hk hk is offline
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First recorded activity by BoatBanter: Mar 2010
Posts: 1,531
Default Obama and the SEIU want to nationalize your 401K

On 3/26/10 11:10 AM, Frogwatch wrote:
Now they have taken over health care, their next target will be to
nationalize your 401K. Some of you may remember that right after the
election I said they would do this because ti is the only available
pool of money. What they are proposing is a mandatory contribution by
employees into a govt managed retirement program. Basically, this is
a way to take the money you are currently investing in a 401K and
replace it with worthless T-bills backed by govt debt.



As opposed to worthless stock?

You really need a psych exam, froggy. Need a referral?

--
Conservatives - just pretend Obama's health care legislation is another
unnecessary war and you'll feel better about it.