In response to:

Obama's Re-Election Mandate: Guess Whose Money He's Targeting Next?

jeconomist Wrote: Dec 02, 2012 8:00 AM
"Private sector 401k and IRA owners are first on the Democrats' radar and may see their plans taken away soon" You should look at the link. It is a 2009 pre-Obama report that says that the Democrats want to eliminate the tax-treatment of retirement accounts.
Michael Bowler (formerly Michael) Wrote: Dec 02, 2012 8:33 AM
Being the first step, you don't throw the frog in boiling water, it'll jump out.

First you make the case to end tax breaks for these private accounts, then you make the case that they won't supply the needs of the holders, then you make the case that the government needs to bail them out, then you make the case that since the government had to bail them out they must now manage them to prevent further failure...and then they are just funds in SS, ready to spend immediately, whoops they're gone.

Really, a little vision on your part...

Many Americans didn't bother to vote in the past presidential election, some out of apathy or a belief that the election would hardly affect them. They are in for a rude awakening now that Obama has won re-election. His Santa Claus false promises are unsustainable, so there are going to be few winners and a lot of losers as he redistributes wealth. Obama ran on a platform of making the rich “pay their fair share of taxes,” but raising taxes on the wealthy will only fund the federal government for eight days a year. In order to even partially...