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US treasury and labor dept...nationalize retirement plan
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Gottlieb
Posted 11/29/2012 09:49 (#2723194 - in reply to #2722975)
Subject: RE: US treasury and labor dept...nationalize retirement plan


Automatically enrolling one in the program is one step away from being able to take your full retirement account, ja.
I don't know if the "worker ants" are so busy they don't really read anymore or maybe indifferent to analyzing current affairs. The direction we as a country are heading concerning our financial house(s) should be discussed not shelved with attitude of "what can i do...(victim-hand wringing syndrome.) We are citizens and have a voice, but if everyone is quiet and no discussion on financial implications...then you and i lose a little each day...
This hits directly to your billfold, the elderly's billfold and future generations. The ( i call hijacking of your own money) plan would stop paying upon your death...unlike your own retirement investment which would go to your children or your designated beneficiary(ies)... Here, my friend, is money waiting to be pumped into our U.S. Treasury...probably bonds at a time when no one else would want them...
I have not had a chance to read much on the topic and ask if anyone else has read, thought about, or discussed implications. Gottlieb.
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