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Topic: Democrats Are After Your 401(k) |
Democrats Are After Your 401(k)
RushLimbaugh.com, by Rush Limbaugh
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Original Article
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Posted By:KarenJ1, 11/29/2012 4:04:43 PM
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| RUSH: I´m just saying that if the analysts are right and Obama´s worried about a legacy, and he does not want a recession in the second term, he does not want renewed unemployment, then stop talking to him. Let him own the disaster that is going over the cliff and find out if that´s indeed what he wants. Now, if you don´t like that, I have some other alternatives. If you would rather see the Republicans stay at the negotiating table, if you´d rather see the Republicans hang in there,
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Comments:
If 0bama and the Democrats had their way they would confiscate everything you own That vile Marxist Mark Lamont Hill said as much on O´Reilly last night. Here´s the link to the Investor´s article Rush mentions: http://tinyurl.com/cnyap9d
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Reply 1 - Posted by:
Coy860, 11/29/2012 4:09:05 PM (No. 9039929)
I would also be concerned about owning gold.
Private property is no longer safe, thanks to the Supreme Court..just ask Kelo.
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Reply 2 - Posted by:
neanderthal, 11/29/2012 4:13:37 PM (No. 9039944)
Gee, Rush, it´s money. They don´t care what it´s called. It´s money and they want it. All of if.
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Reply 3 - Posted by:
TXknitter, 11/29/2012 4:14:14 PM (No. 9039945)
Rush has a good idea - especially today when FOX has blasted out several times that that evil Hostess is giving their top guys $$$ while laying off workers.
Republicans, BE the champion of Americans in the private sector who are wondering why fed workers INCLUDING ex-Presidents, Congresscritters´ pensions and goodies are always unchanged/growing despite a lousy economy. Sorry Dad.
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Reply 4 - Posted by:
ohioTom, 11/29/2012 4:20:03 PM (No. 9039953)
Rush is brilliant. There is no one even close to him in the media.
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Reply 5 - Posted by:
KTWO, 11/29/2012 4:25:39 PM (No. 9039957)
As I recall the fine print in 401k terms says it isn´t your money until they give it to you.
There is only a contract about how you may obtain it from the plan administrator.
I won´t go any further along that path. It is law for the specialists, I may be dead wrong. And I haven´t had a 401k for many years.
But more or less all money, except what is in your pocket is that way. Bank accounts, IRAs, etc.
Of course the Democrats want it. You almost certainly have too much.
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Reply 6 - Posted by:
civilservant, 11/29/2012 4:35:15 PM (No. 9039968)
Way to believe the press ho´s, #3. Will you work for two years, for free knowing that any opportunities that may exist NOW won´t be there soon?
They are getting PAID to unwind and sell the business.
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Reply 7 - Posted by:
nonsense, 11/29/2012 5:14:26 PM (No. 9040028)
If it hits the pockets of the up to 29 year old children who love Obama, do you think they will "get it"?
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Reply 8 - Posted by:
rightdog, 11/29/2012 5:28:54 PM (No. 9040050)
This is what back yards are for...to bury stuff in.
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Reply 9 - Posted by:
Rabidrabbit1, 11/29/2012 5:50:11 PM (No. 9040086)
I just cut my 401K back to the bare minimum, to the point to cover the company match. The rest, I am going invest into something tangible, something easy to conceal, something easy to travel with. I am going to follow this path for at least a year until I figure out what the markets & economy are going to do.
I´m not buying a new car. I´m not investing in upgrades to my house; just covering mx. I´m not buying much at all. I´m taking a wait and see attitude. Expect much of the rest of the country to do the same.
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Reply 10 - Posted by:
HistoryBuff, 11/29/2012 6:16:26 PM (No. 9040140)
Simple solution of mockery a lesson from ALinsky.
401 K´s are available to all Americans.
How do you qualify?
Work.
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Reply 11 - Posted by:
HistoryBuff, 11/29/2012 6:17:34 PM (No. 9040143)
Next, call for all congressmen to loose thier pensions and live on Social Security.
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Reply 12 - Posted by:
athina, 11/29/2012 6:18:13 PM (No. 9040145)
Uncanny. My son was just watching the movie ´Blow´ and the main character jumps bail and goes back to Colombia to get his millions that he had there, and the bank manager told him, I´m sorry, since you were last here they nationalized the banks; your mnoney is gone. So I proceeded to tell my son about the socialists´ plan for our 401Ks. Now this news, 2 days later. Amazing.
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Reply 13 - Posted by:
Goose, 11/29/2012 6:18:49 PM (No. 9040148)
Why not go after the multi-billion dollar endowments of the Ivy League? What good have those rich folks done for the country anyway? And how about the endowments of the Ford Foundation, Tides Foundation, etc? It´s not like they are people with Constitutional Rights.
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Reply 14 - Posted by:
Coy860, 11/29/2012 6:23:21 PM (No. 9040156)
Rather than make my savings too attractive to the gov´t, I redid my kitchen with all energy star appliances, replaced both 5 ton AC units with the most efficient out there, replaced the washer and dryer with energy star models, had the house painted and bought a new car and paid cash for it.
My electric bill has been cut in half. (which will help when rates skyrocket).
I also gifted my son the legal amount.
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Reply 15 - Posted by:
hamrman, 11/29/2012 6:58:21 PM (No. 9040195)
Send the Dumbacrats packing, they are nothing more than a bunch of rabble-rousers...!
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Reply 16 - Posted by:
mercedesops, 11/29/2012 7:49:21 PM (No. 9040257)
Socialism is not healthy for 401ks and other living things.
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Reply 17 - Posted by:
john56, 11/29/2012 9:08:55 PM (No. 9040376)
Guess it´s time to find tin coffee cans, buy gold, and bury it in the back yard.
Oh, and a couple more guns and bullets.
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Reply 18 - Posted by:
realrep, 11/29/2012 9:13:25 PM (No. 9040382)
I bought a pre-owned car this week. I paid cash. I was going to get a loan to build my credit score. But I won´t be buying a house anytime soon (too many unknown taxes). I´ll be paying cash with minimal use of credit cards. And, yes, I will not be spending as much.
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Reply 19 - Posted by:
WV.Hillbilly, 11/29/2012 9:34:52 PM (No. 9040416)
They´ll come after your Roth IRAs as well.
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Reply 20 - Posted by:
NYbob, 11/29/2012 11:23:44 PM (No. 9040487)
Who is kidding who here. They will come after any savings you have, anywhere. Either by direct confiscation or simply evaporating ALL of it into thin air by endless debt and endless money pumping.
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Reply 21 - Posted by:
johnwayne, 11/30/2012 12:09:29 AM (No. 9040517)
Before the 2008 election this 401K idea was floated around. Mark Levin interviewed Dr. Ghilarducci about this concept.
The audio is about 14 minutes long, in two parts, but it is worth it.
Part 1
http://www.youtube.com/watch?v=zuLfcROlrSg
Part 2
http://www.youtube.com/watch?v=odeUwW-LhUM
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Reply 22 - Posted by:
woodsman, 11/30/2012 1:28:12 AM (No. 9040573)
A better investment than a 401K is quickly becoming an AK
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