“This hearing was set up to explore why Americans are not saving as much for their retirement as they could,” explains National Seniors Council National Director Robert Crone, “However, it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up.” A representative of the liberal Pension Rights Center, Rebecca Davis, testified that the government needs to get involved because 401k plans and IRAs are unfair to poor people. She demanded the Obama administration set up a “government-sponsored program administered by the PBGC (the governments’ Pension Benefit Guarantee Corporation).” She proclaimed that even “private annuities are proble

“This hearing was set up to explore why Americans are not saving as much for their retirement as they could,” explains National Seniors Council National Director Robert Crone, “However, it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up.” A representative of the liberal Pension Rights Center, Rebecca Davis, testified that the government needs to get involved because 401k plans and IRAs are unfair to poor people. She demanded the Obama administration set up a “government-sponsored program administered by the PBGC (the governments’ Pension Benefit Guarantee Corporation).” She proclaimed that even “private annuities are proble

FEDERALIZING YOUR 401K - THIS HAS BEEN IN THE WORKS SINCE 2008 Friday, November 16, 2012 "A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning. The hearing, held in the Labor Department’s main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.

LOL - You total fool. At the rate of decrease you propose for the military, it would have a $0.00 budget to work with in 2 1/2 years. Educate yourself before you blather about things you know nothing about. My preference would be to cut the mean tested welfare in half ($1.3 TRILLION this year) and that would be more than the ENTIRE military budget for the same year.

But O'shithead's mother was really a female dog in heat. She was the property of the entire Communist party.

Do you mean shaky, senile, cranky Ron (the pothead)? The man who still thinks the world is flat and that all of those misunderstood terrorists will stay on their own side of the oceans, if we just stay home and hear-see-say nothing that irritates them. Is that the Ron (the pothead) Paul you mean?

PS - I agree that children should not be raised in the "quueer" culture.

Generalities are never valid, Kevin. It is much better for a child to be raised by a single mother than by a mother and father when the father is an alcoholic, abusers or generally degenerate. Of course, there are many children who shouldn't be raised by either or both of their parents.

Move on - nothing to see here other than a bunch of whining, self-declared victim, liberal sheeple.

Sorry Judge, but those leaks are killilng as far as we who have loved ones on the ground fighting. O'shithead has made their jobs are difficult enough and now our warriors (especially the SpecForces) who depend so much on good intelligence, are at greater risk. To many of us this is not an esoteric issue of legality, but is personal and very close to home.