Government to seize 401(k) Pensions

[bayern]

I heard about this a while back, and here it is raising its ugly head again. What would you Do?


Tuesday, October 12, 2010
The government is preparing to seize the private 401(k) pensions of millions of Americans while enforcing an additional 5 per cent payroll tax as part of a new bailout program that will empower the Social Security Administration to redistribute pension funds in a frightening example of big government gone wild.

Government Prepares To Seize Private Pensions

[dadyswat]

Yes, they were talking about it and if the Democrats stay in control I would say a real possibility. We need to take Congress from them and stop Obama.

[Car 4]

I wouldn't say that they won't try.....but think about guys. If the Dems did this, they couldn't get elected for 100 years....and as foolish as many of them are, they still know it.


Car 4

[Mark7]

The author:

Paul Joseph Watson is a British comedian/conspiracy theorist. He is best known as the co-creator of the virtual band International Conspiracy alongside renowned radio host Alex Jones.

Paul Joseph Watson - Uncyclopedia, the content-free encyclopedia

Now, where's my. . . . oh! that's right- here on the rack

[MacLean]

Aluminum Foil Deflector Beanie

I'm pretty sure this one is dead, folks. The idea was mentioned in one hearing in 2008 and the hue and cry ended somebody's career.

[dadyswat]

The last thing I heard hasn't been too long ago and Obama wants to force 401Ks and IRAs to invest in Treasury Bonds. Just more money for the government to blow.