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Re: Dems Target Private Retirement Accounts

By: Zimbler0 in FFFT | Recommend this post (0)
Sat, 09 Nov 13 12:35 AM | 52 view(s)
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Msg. 57556 of 65535
(This msg. is a reply to 57532 by Zimbler0)

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Perhaps, OCU,
What you personally need to most think about . . .
is, what would keep the 'elites' from deciding to
'means test' Social Security.

What might keep them from telling you 'because you
have so much money in your IRA's and 401K's you
do not need Social Security.'

I do not see the problem for a government which passed
obambacare - who's obvious intention was to force
'these people' to pony up the bucks to subsidize
'health care' for 'those people'.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: Dems Target Private Retirement Accounts
By: Zimbler0
in FFFT
Fri, 08 Nov 13 5:49 AM
Msg. 57532 of 65535

OCU> I think you will find that the Social Security Administration is required by federal law to invest any annual SURPLUS into the so-called 'trust fund', which consist of Treasury Notes.


And,
if the government defaults on those Treasury Notes?

If China stops buying our paper, what happens?

If the Saudi's (and the rest of OPEC) decide to
barter oil in something other than dollars . . .
what happens?

We have a government which is seriously addicted to
debt . . . you think the rest of the world can't see it?

Zim.


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