Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.
Oh, HELL NO!
I'll cash those accounts out, take the tax hit, and stuff every single dime under my mattress before this happens to MY money.
Bend over and grab your ankles. The redistribution of wealth is just beginning.
It's going to be a LONG four years.
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Walrilla strikes again.(I'm thinkin' we might want to be gifting him with a bukkit of his own next time the BlownStar Blodgers get together. We can fill it with Shiner Bock, even.)
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Much as I love my Boys in Blog, I'm thinking I just may have to attend BlogHer 2009, as I missed the last one held in my own back yard.
Since I won't want to miss a minute of the action, I'm thinking of booking a room. Anyone interested in sharing?
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2 comments:
I'd LOVE to, but as usual, my siblings are either getting re/married.
Sheesh........
cuts in to one's funds it does!
Here's the full story on the "seizing 401(k)s" hysteria:
http://www.workforce.com/section/00/article/25/83/58.php
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