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Obama and his Democrat friends in Congress stole your health care coverage and are trying to assure your life is in the hands of government.
Now they same people are trying to steal your private retirement plans.
"The purpose of the GRA proposal is simple: To force Americans to stop putting their retirement savings money into private 401(k) accounts and send their money to the government instead.
GRAs would "eliminate the favorable tax treatment currently afforded to 401(k) plans, and instead use those dollars to fund government-invested GRAs into which all employees would be required to contribute a portion of their salary," according to a letter signed by House Minority Leader John Boehner and 12 other Republican representatives."
If passed, this will assure the same people who have run Social Security into the ground will assure your retirement will be as safe!
Why is America in financial distress? There is fear of government theft, and this would not only destroy your retirement, but the stock market as well.
Once government controls your 401(k), it will be able to decide which private firms get investments and which go under for lack of investment.
This is the totalitarians dream--total control of the economy.
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Now they same people are trying to steal your private retirement plans.
"The purpose of the GRA proposal is simple: To force Americans to stop putting their retirement savings money into private 401(k) accounts and send their money to the government instead.
GRAs would "eliminate the favorable tax treatment currently afforded to 401(k) plans, and instead use those dollars to fund government-invested GRAs into which all employees would be required to contribute a portion of their salary," according to a letter signed by House Minority Leader John Boehner and 12 other Republican representatives."
If passed, this will assure the same people who have run Social Security into the ground will assure your retirement will be as safe!
Why is America in financial distress? There is fear of government theft, and this would not only destroy your retirement, but the stock market as well.
Once government controls your 401(k), it will be able to decide which private firms get investments and which go under for lack of investment.
This is the totalitarians dream--total control of the economy.
More...