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Economy
Please Give Us Your 401ks--For The Sake Of The Children Er, Unions
2010-05-12
Posted by:charger

#7  If the Repubs are smart (I can dream can't I?) they will shout this from the rooftops. The Dems can say the Repubs are doing the bidding of their Wall Street pals, but the public won't believe that.
Posted by: remoteman   2010-05-12 23:34  

#6  They really want to be run out of town on a rail, covered in hot tar and feathers, don't they?
Posted by: DarthVader   2010-05-12 22:14  

#5  Not much. Money inside 401Ks will be re-invested in similar areas outside to tax-vehicle.
Posted by: Bright Pebbles   2010-05-12 20:47  

#4  ...Now think about this: Why would anyone ever put another dime in a 401K after the government confiscates it? Proof that these morons can't think more than up to the next election.

Mike
Posted by: Mike Kozlowski   2010-05-12 20:47  

#3  What will happen to the value of stocks & bonds if there's a panic to cash in 401k's?
Posted by: Anguper Hupomosing9418   2010-05-12 20:21  

#2  Even the threat of Gov't takeover is a win for big Gov't. As people panic and pull out of their 401K's, they immediately incur a tax liability. It's a win-win for Uncle Samishak.
Posted by: Besoeker   2010-05-12 19:58  

#1  I lost about 1/4 of my retirement in the last round of looting. The AARP is party to second round 2 of looting. The AARP IS NOT a friend to seniors.
Posted by: JohnQC   2010-05-12 18:48  

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