Originally posted by badgerprints
We're about to hand our entire livelihoods over to the government and the tv numbed idiots will cheer when it happens.
welcome to my world...been handing our livelihoods over to the gov't my entire adult life...to benefit the poor, or to benefit the rich....
as I read through the posts, I got the feeling that what is being proposed is that people be given the OPTION to transfer those IRA's into something
they are HOPING might be a little more secure....what is their option now? either keep their money in the IRA's and well, watch it get decimated as
the stock values keep dropping, and they are gonna keep dropping....or they can take the money out early and get nailed with some nice taxes?
some options there!
but, it would be your option....if you are young, and have plenty of time for this economic cycle to spin around in your favor, will fine, don't take
but, there's many out there that don't have the luxury of waiting around for it to spin around...they are watching their retirement savings dwindle
away because of a scam that was perpetrated onto the american people!
and as far as the idea of the tax incentive, what happened to all that "it's a free market", and "the bad government wants to control our every
isn't this tax incentive just another way the gov't chose to control just how we used our own money? maybe I wanted just to stash my saving in my
mattress for that rainy day when I couldn't work anylonger.....where was my tax exemption for that one? matter of fact, for many of us, well, we've
been just working hard to keep up with Jones' that are being given their livelihoods from that fine government....I am sorry, but when you are laying
in a bed with a splint trying desparately to come up with this outrageous sum for a down payment for the operation that will help you keep working, or
moving out of that hud subsidized housing into housing that hud won't even touch...when you are trying to feed a family on $30 a week while the
gov't is giving the neighbors around you with the same family size $100 a week, well, you have more important issues to worry about than you
retirement savings! were were the tax exemptions then? heck, we were paying more taxes so you could enjoy your tax exemptions!!
here's my suggestion,,,,
do away with social security and that tax that goes with it....
do away with the hud subsidized housing, the food stamps, the heap, the aid to dependant children, chips, medicaid, medicare and such....and the
massive payroll that goes with it.
do away with all the tax loopholes, special exemptions, ect...
set up one agency to ensure that those that truly need help will get help in such a way that the value of the help that they give never goes above the
value the money that the people they turn away are earning....just the bare bones for aid!
do something with that monstroisity that the healthcare has grown into, the costs needs to be a heck of alot less, or this alone will bring our
country down! and turn off the tax siphon to it!
and then trim that budget down to the bare bones also!
another suggestion I would make is......
quit with the blame game, quit with the lying about the crap, quit with the scapegoating, try to find the truth...
as long as all this is going on, there is no way to clearly see the problems...if the american people don 't clearly see the problems, there is no
hope that the solution will ever come about!
the governement needs more money, they can't borrow it forever and ignore the debt.....they are gonna be looking at every avenue they can find to
find it! if justice is to reign, then we will all be hurt by it because well, the burden will be shared by all of us, if the usual special interests
are served, well....I for one, will be totally screwed out of existance!
[edit on 8-11-2008 by dawnstar]