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Monday, November 10, 2008

Democrats Targeting Private Retirement Accounts!

Well, that didn't take long. They've been talking about this for a while, but now the government that ALREADY cannot manage money is making plans to take YOUR hard earned retirements for redistribution.

Interesting enough in her testimony Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, in hearings Oct. 7 drew the most attention and criticism.

Ghilarducci said, humans often lack the foresight, discipline, and investing skills required to sustain a savings plan.”

Speaking as an outsider, I suppose? They should rename that school to the New School for Socialism Research, because folks that is exactly what this plan is. They don't think you're smart enough to make your OWN financial decisions, so they'll do it for you. They already think you're incapable of defending yourself and are after our guns. Soon enough, you won't be smart enough to make ANY decisions on your own, so they will tell you what you can say. Then what you can do. Then what to think.

Am I the only one that sees where this is headed? Don't think so? Read a history book, folks.

Democrats Targeting Private Retirement Accounts!

We are falling further and further from the Grace of God...


WallStreetWally said...

Before you attack someone's plan I suggest you read it in entirety. In point of fact, Ghilarducci's plan does NOT do away with 401Ks. Anyone who chooses a 401K can still have one. Her plan would be a supplement. I suggest you read her book. You do everyone a disservice by posting misinformation on your blog

Bob Cavalcante Jr. said...

Reply in its own post:


Bob Cavalcante Jr. said...

Just read this article today.

Good thing is that now we know exactly who is behind this legislature. Who to blame. Who to hold accountable:
Teresa Ghillarduci

New blog post coming tomorrow!

Who is the Catholic Conservative American?