Democratic leaders in the U.S. House discuss confiscating 401(k)s, IRAs , page 9
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reply posted on 12-11-2008 @ 03:01 PM by Irish M1ck
reply to post by MAINTAL



Ohh, okay. So in that case, Bush has been stealing and confiscating money from us for years since his change in tax policy hurt our wallets.

I wish I had known that...


reply posted on 12-11-2008 @ 03:05 PM by Servigistics
reply to post by Irish M1ck





Are we talking policy change, or are we talking about confiscating 401k's? It's one thing to disagree with a policy, but it's another to out-right accuse people of stealing other's money.


Anytime you take MY money, from an account that I set up and funded with contributions from MY salary, and FORCE me to move it to another type of account that I dont want to, then yes, that is stealing, confiscating or whatever other word you want to call it, because it is a MANDATE, not a choice at that point, only when it remains MY choice is it NOT stealing.

Article



reply posted on 12-11-2008 @ 03:11 PM by Irish M1ck
reply to post by Servigistics



Okay, so again, when Bush removed Clinton's tax brackets, he stole from millions of Americans? He confiscated their money?

Also, can you get a source that shows me where her plan involved forcing people to switch from 401k's to the new plan? Last time I heard about her idea, she wanted to offer people a CHANCE to turn in their 401k's, and in return, got rewarded by getting credit for their balance before the crisis hit.


reply posted on 13-11-2008 @ 10:37 AM by Anonymous ATS
reply to post by Gregarious



I have tried to convince my friends that The O will be our last pres. No one wants to believe it. The liberal lemmings only want someone to take care of them as they are led over the cliff's edge.

I heard a news blurb on Fox News about the take over of 401k's, but they never went into detail about it. Almost like it was pulled from the agenda.
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