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Obama and the SEIU want to nationalize your 401K
On Mar 26, 11:22*am, hk wrote:
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. MY 401K is back to where it was 3 years ago. |
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