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

The Obama Timeline author Wrote: Dec 01, 2012 11:51 AM
Expect Obama to try something like this: Your 401(k) contributions are deductible ONLY IF you invest the money in government bonds. (Obama can't get China or anyone else to buy all his debt, so he will get YOU to buy it.)
oldervoter68 Wrote: Dec 01, 2012 3:34 PM
Yep, and the government will guarantee you say 3% return at retirement, with any residual funds reverting to the government at death. Our financial advisor says we can draw 4% -5% from our funds and pass any residual on to our heirs. Great government plan, don't you think? Where can I sign up???
Reginald10 Wrote: Dec 01, 2012 5:55 PM
You won't have to sign up. It'll be automatic, same as your payroll deduction for Socialized Security.
oldervoter68 Wrote: Dec 01, 2012 10:03 PM
I'll bet you even would get a supply of "end of life" pills free with the enrollment.

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...