Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

ObaMa0 Set to Seize Your 401(k) Pension and Increase Your Payroll Tax by 5%

3 views
Skip to first unread message

∅baMa∅ Tse Dung

unread,
Oct 20, 2010, 7:28:43 PM10/20/10
to
The 0baMa0 administration is preparing to seize the private 401(k)
pensions of millions of Americans while enforcing an additional 5 per
cent payroll tax as part of a new bailout program that will empower
the Social Security Administration to redistribute pension funds in a
frightening example of big government gone wild.

http://www.prisonplanet.com/government-prepares-to-seize-private-pensions.html

Michael Coburn

unread,
Oct 20, 2010, 9:09:15 PM10/20/10
to

I don't think I have ever seen so many lies in one wad. This sorry piece
of pig swill is one whopper after another. It starts right out by
claiming that something is going to happen with 401K's which the
rightarded interpret as some sort of confiscation. Then we find that the
proposal from a person outside of government was actually for propping up
the 401K plans when disaster strikes the markets.

But then the lie fest continues with jewels like "The GRAs would be
enforced by means of a mandatory savings tax equating to 5 per cent of an
individual’s annual paycheck deposited to the GRA. Social Security and
Medicare taxes would still be payable, employers would no longer would be
able to write off their contributions and capital gains would be taxable
year-on-year. In addition, workers could bequeath only half of their
account balances to their heirs, unlike full balances from existing 401
(k) and IRA accounts."

All of this sounds rather bleak, but it also isn't real. We may see a 5%
tax levied on income above some amount that would be paid into a
Government Retirement Account. That is actually a pretty good idea if
other adjustments end up refunding the tax to people with low incomes.

But all the other crap we see in this rag will not pass muster here in
the USA. It is nothing but a BOOGERMAN story.

--
"Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60

Ron

unread,
Oct 20, 2010, 9:30:49 PM10/20/10
to
.
.
Re: It is nothing but a BOOGERMAN story.

It is less than that. It came from Alex Jones.

It is doo-doo.

RO

Me, Me, Me, Repugs

unread,
Oct 20, 2010, 9:53:51 PM10/20/10
to

"Ron" <ronea...@att.net> wrote in message
news:e1dc9046-75c0-46cc...@a37g2000yqi.googlegroups.com...

On Oct 20, 8:09 pm, Michael Coburn <mik...@verizon.net> wrote:

It is doo-doo.

RO
==========================

Must not have newspapers in Podunk, he's posted this bullshit story about 4
times.

RHF

unread,
Oct 20, 2010, 10:36:33 PM10/20/10
to
Michael Coburn - Here Is A "FACT-CHECK" :

US Congressional Hearing held on October 7, 2008
by Education and Labor Committee Chairman
George Miller (D-CA)
http://edlabor.house.gov/testimony/2008-10-07-TeresaGhilarducci.pdf
*source* US House.Gov Education and Labor
Committee chaired by George Miller (D-CA)
-so- a US Congressional Hearing never was held...
http://retirementplantips.com/a-better-retirement-plan

Teresa Ghilarducci, Professor of Economic Policy
Analysis at the New School for Social Research in
New York
http://edlabor.house.gov/testimony/2008-10-07-TeresaGhilarducci.pdf
*source* US House.Gov Education and Labor
Committee chaired by George Miller (D-CA)
-so- The Professor never gave US Congressional testimony...
http://retirementplantips.com/a-better-retirement-plan

Universal Guaranteed Retirement Accounts (GRAs)
managed by the Social Security Administration to
replace IRA's and 401Ks
http://edlabor.house.gov/testimony/2008-10-07-TeresaGhilarducci.pdf
*source* US House.Gov Education and Labor
Committee chaired by George Miller (D-CA)
-so- Guaranteed Retirement Accounts (GRAs) were
never discussed...
http://retirementplantips.com/a-better-retirement-plan

So Privately Owned "Guaranteed Retirement Accounts"
(GRAs) run by the Social Security Administration might
be a 'Better Retirement Plan' for most Hard-Working
Americans . . . -aka- Privatized Social Security
YES Prez Obama and the Democrats Plan-On
Privatized Social Security with Privately Owned
"Guaranteed Retirement Accounts" (GRAs) run by
the Social Security Administration [SSA]
http://retirementplantips.com/a-better-retirement-plan
NOT THE COLLECTIVE POOL OF SOCIAL SECURITY
MONEY FOR ALL : JUST YOUR PRIVATE FUNDS
HELD FOR YOU ONLY BY THE SSA - Brilliant ~ RHF©***
.
Comrades Our Democrat Party of the USA Leaders
in the U.S. House Have a Better and More Powerful
Privatized Social Security Plan eliminating the Evil
Capitalist Vestiges of Individual 401(K)s and IRAs
and replacing them with Socially Just and Universally
Fair Government Controlled {by the SSA} "Guaranteed
Retirement Accounts" (GRAs) :
All Praise to Comrade Prez-A-Duntz Obama !
Praise be to Comrade House Speaker Pelosi !
Praise be to Comrade Senate Leader Reid !
.
READ other News and Sources related to the US
New and Improved All American Good Citizenship
"Guaranteed Retirement Accounts" (GRAs) for
Responsible and Sustainable Retirement
http://teresaghilarducci.org/about.html
http://www.freerepublic.com/focus/f-news/2176111/posts
http://www.globalresearch.ca/index.php?context=va&aid=11031
http://www.nytimes.com/2008/12/14/magazine/14Ideas-Section2-C-t-001.html
.
GRA's Good Points :
+ Has* All American Workers Save For Retirement
+ GRA Savings Are In Safe and Secure FED Bonds
+ Has* All American Workers Invest In Their Government
+ "Guarantees a 'Private' Retirement Account for Each
and Every American Worker besides Social Security

* Note "Has" is a nice word for 'Forces'
.
Comrades "Guaranteed Retirement Accounts" (GRAs)
are the Shining Path to a Safe Secure Retirement for
All American Workers* :
Unite Behind Prez-A-Duntz Obama and GRAs !
Unite Behind the Leaders Pelosi & Reid and GRAs !
Unite Behind the Democrat Party of the USA and GRAs !
American Workers* Unite Behind GRAs Into The Future !

* Note "American Workers" means 'Democrat Socialist'
.
*** © This is another Copy-Righted 'Brain Fart' of RHF
-wrt- 'Brain Fart' -yeah- This Idea(s) Stinks -pew(pu)-
.
-ps- Please Excuse the Environmental Air Pollution
of this Post -wrt- Da 'Brain Fart' -aka- "WAS/CR"
.
.

RHF

unread,
Oct 20, 2010, 10:49:14 PM10/20/10
to
- Re: It is nothing but a BOOGERMAN story.
-
- It is less than that.  It came from Alex Jones.
-
- It is doo-doo.
-
- RO

ron,,, Ron... RON ! ! ! - Here Is A "FACT-CHECK" :

Donkey's-R-Us : American Workers Unite Behind
"Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/aee81e9278752987
¡ Brilliant ! ~ RHF©***


.
Comrades Our Democrat Party of the USA Leaders

in the U.S. Congress Have a Better and More Powerful


Privatized Social Security Plan eliminating the Evil
Capitalist Vestiges of Individual 401(K)s and IRAs
and replacing them with Socially Just and Universally
Fair Government Controlled {by the SSA} "Guaranteed
Retirement Accounts" (GRAs) :
All Praise to Comrade Prez-A-Duntz Obama !
Praise be to Comrade House Speaker Pelosi !
Praise be to Comrade Senate Leader Reid !
.

GRA's Good Points : ¡ Brilliant ~ RHF©***


+ Has* All American Workers Save For Retirement
+ GRA Savings Are In Safe and Secure FED Bonds
+ Has* All American Workers Invest In Their Government
+ "Guarantees a 'Private' Retirement Account for Each
and Every American Worker besides Social Security

.


* Note "Has" is a nice word for 'Forces'
.

*** © This is another Copy-Righted 'Brain Fart' of RHF
-wrt- 'Brain Fart' -yeah- This Idea(s) Stinks -pew(pu)-
.

.

RHF

unread,
Oct 20, 2010, 10:55:15 PM10/20/10
to
On Oct 20, 6:53 pm, "Me, Me, Me, Repugs" <p...@me.net> wrote:
> "Ron" <roneal1...@att.net> wrote in message
- Must not have newspapers in Podunk,
- he's posted this bullshit story about 4 times.

Me, Me, Me, Repugs - "bullshit story"
===SOURCE===


US Congressional Hearing held on October 7, 2008
by Education and Labor Committee Chairman
George Miller (D-CA)
http://edlabor.house.gov/testimony/2008-10-07-TeresaGhilarducci.pdf
*source* US House.Gov Education and Labor
Committee chaired by George Miller (D-CA)
-so- a US Congressional Hearing never was held...
http://retirementplantips.com/a-better-retirement-plan

Me, Me, Me, Repugs - Here Is A "FACT-CHECK" :
.

RHF

unread,
Oct 21, 2010, 1:16:32 AM10/21/10
to
DITTO : Michael Coburn - Here Is A "FACT-CHECK" :

RHF

unread,
Oct 21, 2010, 1:18:05 AM10/21/10
to

On Wed, 20 Oct 2010 19:36:33 -0700 (PDT), RHF
<rhf-new...@pacbell.net> wrote:

RHF

unread,
Oct 21, 2010, 2:14:16 PM10/21/10
to
> George Miller (D-CA)http://edlabor.house.gov/testimony/2008-10-07-TeresaGhilarducci.pdf

> *source* US House.Gov Education and Labor
> Committee chaired by George Miller (D-CA)
> -so- a US Congressional Hearing never was held...http://retirementplantips.com/a-better-retirement-plan

The US Senate Takes Step #2 : American Workers


Unite Behind "Guaranteed Retirement Accounts" (GRAs) !

* * * U P D A T E * * *
The "Guaranteed Retirement Account" [GRA] Bill
has been Written in the US Senate on Thursday,
October 7, 2010
http://www.humanevents.com/article.php?id=39336
-so- the US Senate Did NOT Draft/Write a Bill...
.
US Senator Tom Harkin (D-Iowa), Chairman of the Health,
Education, Labor and Pensions (HELP) Committee heard
from hand-picked witnesses advocating the infamous
“Guaranteed Retirement Account” (GRA) authored by
Theresa Guilarducci
http://www.shtfplan.com/headline-news/senate-hearing-seizure-of-401k-accounts-may-be-reality-soon_10112010
-so- Senator Harkin Did NOT Have Hearings...
.
Democrats in the US Senate on Thursday lead by
Sen. Tom Harkin (D-Iowa), Chairman of the Health,
Education, Labor and Pensions (HELP) Committee
heard from hand-picked witnesses advocating the
infamous “Guaranteed Retirement Account” (GRA)
authored by Theresa Guilarducci.
http://beforeitsnews.com/story/211/001/Senate_Hearing:_Seizure_of_401k_Accounts_May_Be_Reality_Soon.html
-so- GRAs Were NOT Discussed...
.
American Citizen's Petition to the US Congress
-subject- "Retirement Security Reform" [FACTS]
"Guaranteed Retirement Accounts" (GRAs)
http://www.congress.org/congressorg/bio/userletter/?id=10892&letter_id=5771765136
-so- there is NO Talk of "Retirement Security Reform"
in the US Senate...
.
THE DIRTY LITTLE SECRET BEHIND
Democrat "Retirement Security Reform"
US Senator Tom Harkin [D-Iowa] held Senate hearings
to Bailout Union Pension Funds by Converting Private
IRAs and 401Ks to more “Fairly” Re-Distribute Pension
Money in "Guaranteed Retirement Accounts" (GRAs)
http://deathby1000papercuts.com/2010/10/stealing-401ks-to-fund-busted-union-pensions-dem-lame-duck-scheme/
-so- there is NO Talk of Bailing Out Union Pension
Funds with Non-Union Members Retirement Money...


.
Donkey's-R-Us : American Workers Unite Behind
"Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/aee81e9278752987
¡ Brilliant ! ~ RHF©

http://groups.google.com/group/rec.radio.shortwave/msg/bd780465f65ded9a
.
US House Step # 1 : American Workers Unite Behind


"Guaranteed Retirement Accounts" (GRAs) ! ©

http://groups.google.com/group/rec.radio.shortwave/msg/5bfc2299db9eb2fb
¡ Brilliant ! ~ RHF©
http://groups.google.com/group/rec.radio.shortwave/msg/37dc020db6f050a5


.
Comrades Our Democrat Party of the USA Leaders
in the U.S. Congress Have a Better and More Powerful
Privatized Social Security Plan eliminating the Evil
Capitalist Vestiges of Individual 401(K)s and IRAs
and replacing them with Socially Just and Universally
Fair Government Controlled {by the SSA} "Guaranteed

Retirement Accounts" (GRAs) For All {Social Justice} :


All Praise to Comrade Prez-A-Duntz Obama !
Praise be to Comrade House Speaker Pelosi !
Praise be to Comrade Senate Leader Reid !

http://groups.google.com/group/rec.radio.shortwave/msg/d585bc3a7bf75e2c
Praise be to Comrade Representative Miller !
Praise be to Comrade Senator Harkin !


.
GRA's Good Points : ¡ Brilliant ~ RHF©***
+ Has* All American Workers Save For Retirement
+ GRA Savings Are In Safe and Secure FED Bonds
+ Has* All American Workers Invest In Their Government
+ "Guarantees a 'Private' Retirement Account for Each
and Every American Worker besides Social Security
.
* Note "Has" is a nice word for 'Forces'
.

PLEASE NOTE : That Your New 5% Mandatory
Payroll Contribution to the "Guaranteed Retirement
Accounts" (GRAs) Is In-Addition-To Your 7% Social
Security Mandatory Payroll Contribution. YES - YOU
ARE GOING TO BE TAXED TWICE TO RETIRE.
.
OOPS ! - You Will Only Receive a 3% Benefit from
Your 5% "Guaranteed Retirement Accounts" (GRAs)
and the 'Other' 2% Will Be Used To Re-Distribute
'Some' of Your Forced GRA Retirement Saving to
'Others' : Who Have Not Been As Fortunate As You
By Having A Job and Working All Their Lives...
.
The Un-Employed; The Un-Employable; Life-Long
Prison Inmates; and People Who Received Welfare
most/all of the their Lives : Will Be Able To Retire
With Dignity with the Same GRA Income as You :
THANKS TO YOU PAYING That Little Extra GRA
Money To The US Federal Government For Them.
http://groups.google.com/group/rec.radio.shortwave/msg/d585bc3a7bf75e2c

Matt

unread,
Oct 21, 2010, 3:06:26 PM10/21/10
to

Sigh.

This isn't a government plot, nor is it any sort of government plan.

The lady behind this is Teresa Ghilarducci, who is a Professor of
Economics
(among other things, she's a very smart cookie). She has an entire
process
laid out for the GRA, along with how to make it work with SSA and so
forth
on her website.

http://www.nd.edu/~tghilard/

I don't agree with her, and don't think it would work, but it is
hardly confiscation
and a long way from being a right-wing or left-wing plot.

Matt

Chas. Chan

unread,
Oct 21, 2010, 8:08:18 PM10/21/10
to
On Oct 21, 2:06 pm, Matt <matttel...@sprynet.com> wrote:
> On Oct 20, 7:09 pm, Michael Coburn <mik...@verizon.net> wrote:
>
> > On Wed, 20 Oct 2010 16:28:43 -0700, ∅baMa∅ Tse Dung wrote:
> > > The 0baMa0 administration is preparing to seize the private 401(k)
> > > pensions of millions of Americans while enforcing an additional 5 per
> > > cent payroll tax as part of a new bailout program that will empower the
> > > Social Security Administration to redistribute pension funds in a
> > > frightening example of big government gone wild.
>
>>>http://www.prisonplanet.com/government-prepares-to-seize-private-pensions.html
>
<snip>

>
> This isn't a government plot, nor is it any sort of government plan.
>
> The lady behind this is Teresa Ghilarducci, who is a Professor of
> Economics
> (among other things, she's a very smart cookie). She has an entire
> process
> laid out for the GRA, along with how to make it work with SSA and so
> forth
> on her website.
>
> http://www.nd.edu/~tghilard/
>
> I don't agree with her, and don't think it would work, but it is
> hardly confiscation
> and a long way from being a right-wing or left-wing plot.
>
> Matt
>

Teresa Ghilarducci -
B.A. Economics, University of California BERKELEY (1978)
Ph.D. Economics, University of California BERKELEY (1984)

Not just an undergraduate but a Ph.D. from the most Liberal Fascist,
Socialist, Pro-Communist and Marxist University on the planet!
http://www.discoverthenetworks.org/groupprofile.asp?grpid=6640&catType=Academia&category=70

Teresa Ghilarducci contributed a presentation "The Recession and our
Pensions" Democratic Socialists of America sponsored panel

http://www.discoverthenetworks.org/groupProfile.asp?grpid=6428

on "Democratic Socialist Responses to Stagnation, the Wall Street
Collapse, and the World Economic Crisis" at Left Forum held at Pace
University in New York City on April 19 2009.

Arguing for government job creation, Teresa Ghilarducci called the
left to pressure the U.S. Congress;

"We depend upon the “left-leaning” Labor Department to get those
messages out, and there’s just nothing about Hilda Solis – you heard
it here – that is going to oppose or challenge Larry Summers or Tim
Geithner, and that’s what we really need from the Labor Department.

"So, if we were going to talk about political action, I would focus it
actually not on the Treasury or the presidency, but on the House of
Representatives; not Barney Frank, but on the Labor Committee, where
George Miller would pressure Reid and Pelosi, and I would really do
everything I could to connect up with the leftists in the Labor
Department. That’s where it has to happen. She doesn’t even have a
chief economist yet. And that’s where we have to focus our attention.

At the Democratic Socialists of America National Political Committee
Meeting of September 26-27, 2009, members "brainstormed" on who could
replace the late Ruth Spitz and one other opening for a woman among
the DSA vice chairs. Suggestions were: Teresa Ghilarducci "at times a
member",...

http://www.keywiki.org/index.php/Teresa_Ghilarducci

Teresa Ghilarducci is Director of The Schwartz Center for Economic
Policy Analysis

http://www.sourcewatch.org/index.php?title=Schwartz_Center_for_Economic_Policy_Analysis

which was "made possible through a generous gift from Irene and
Bernard L. Schwartz"

Bernard L. Schwartz is a trustee of THIRD WAY [Interventionism/
Keynesian/Socialism], a PROGRESSIVE [Socialist] advocacy organization.

http://www.discoverthenetworks.org/groupprofile.asp?grpid=6901

During the collapse of the Soviet Empire, Mikhail Gorbachev promoted
the so-called "Third Way" as an alternative to free markets. This new
way of governing would be neither capitalist nor communist, but
something in between. In a similar vein, President Clinton said in his
1998 State of the Union address, "We have moved past the sterile
debate between those who say government is the enemy and those who say
government is the answer. My fellow Americans, we have found a Third
Way."

The Schwartz Center for Economic Policy Analysis is the economic
policy research arm of the New School for Social Research

New School President Bob_Kerrey
http://www.keywiki.org/index.php/Bob_Kerrey
served as a trustee of Center for American Progress,
a think tank run by Hillary Clinton and former Clinton chief of staff
John Podesta:
http://www.discoverthenetworks.org/groupProfile.asp?grpid=6709

Here are a few teachers and alumni of the New School for Social
Research:

Paul Marlor Sweezy - Marxist
http://www.keywiki.org/index.php/Paul_Sweezy
http://www.discoverthenetworks.org/individualProfile.asp?indid=1989

Medea Benjamin - Marxist
http://www.keywiki.org/index.php/Medea_Benjamin
http://www.discoverthenetworks.org/individualProfile.asp?indid=626

Amiri Baraka - Marxist
http://www.keywiki.org/index.php/Amiri_Baraka
http://www.discoverthenetworks.org/individualProfile.asp?indid=2171

Heidi Hartmann - Socialist
http://www.discoverthenetworks.org/individualProfile.asp?indid=1880
http://www.keywiki.org/index.php/Heidi_Hartmann

Ellen Schrecker - Pro-Communist
http://www.discoverthenetworks.org/individualProfile.asp?indid=2126
http://www.keywiki.org/index.php/Ellen_Schrecker

http://www.discoverthenetworks.org/Articles/A%20New%20Alliance%20Of%20Democrats.html

"The term 'planning' is mostly used as a synonym for socialism,
communism, and authoritarian and totalitarian economic management.
Sometimes only the German pattern of socialism-Zwangswirtschaft-is
called planning, while the term socialism
proper is reserved for the Russian pattern of outright socialization
and bureaucratic operation of all plants, shops, and farms. At any
rate, planning in this sense means all-around planning by the
government and enforcement of these plans by the police power.
Planning in this sense means full government control of business. It
is the antithesis of free enterprise, private initiative, private
ownership of the means of production, market economy, and the price
system. Planning and capitalism are utterly incompatible. Within a
system of planning production is conducted according to the
government's orders, not according to the plans of capitalists and
entrepreneurs eager to profit by best filling the wants of the
consumers.

"But the term planning is also used in a second sense. Lord Keynes,
Sir William Beveridge, Professor Hansen, and many other eminent men
assert that they do not want to substitute totalitarian slavery for
freedom. They declare that they are planing
for a free society. They recommend a THIRD SYSTEM, which, as they say,
is as far from socialism as it is from capitalism, which, as a THIRD
solution of the problem of society's economic organization, stands
midway between the two other systems, and while retaining the
advantages of both, avoids the disadvantages inherent in each.

"These self-styled progressives are certainly mistaken when they
pretend that their proposals are new and unheard of. The idea of this
THIRD solution is very old indeed, and the French have long since
baptized it with a pertinent name; they call it interventionism.
Hardly anybody can doubt that history will link the idea of social
security, more closely than with the American New Deal and with Sir
William Beveridge, with the memory of Bismarck whom our fathers did
not precisely describe as a liberal. All the essential ideas of
present-day interventionist progressivism were neatly expounded by the
supreme brain-trusters of imperial Germany, Professors Schmoller and
Wagner, who at the same time urged their Kaiser to invade and to
conquer the Americas. Far be it from me to condemn any idea only on
account of its not being new. But as the progressives slander all
their opponents as old-fashioned, orthodox, and reactionary, it is
expedient to observe that it would be more appropriate to speak of the
clash of two orthodoxies; the Bismarck orthodoxy versus the Jefferson
orthodoxy.

[...]

Dr. Ludwig von Mises - 1952 - http://mises.org/books/planningforfreedom_mises.pdf

THERE IS NO THIRD WAY - anything less than Free Market Capitalism
ALWAYS leads to Tyranny - The Road to Serfdom.

dave

unread,
Oct 21, 2010, 9:18:26 PM10/21/10
to
Chas. Chan wrote:
> On Oct 21, 2:06 pm, Matt<matttel...@sprynet.com> wrote:
>> On Oct 20, 7:09 pm, Michael Coburn<mik...@verizon.net> wrote:
>>
>>> On Wed, 20 Oct 2010 16:28:43 -0700, ∅baMa∅ Tse Dung wrote:
>>>> The 0baMa0 administration is preparing to seize the private 401(k)
>>>> pensions of millions of Americans while enforcing an additional 5 per
>>>> cent payroll tax as part of a new bailout program that will empower the
>>>> Social Security Administration to redistribute pension funds in a
>>>> frightening example of big government gone wild.
>>
>>>> http://www.prisonplanet.com/government-prepares-to-seize-private-pensions.html
>>
> <snip>

So this has an HR number? Who is proposing this?

RHF

unread,
Oct 21, 2010, 9:17:23 PM10/21/10
to
On Oct 21, 12:06 pm, Matt <matttel...@sprynet.com> wrote:

SUBJ : ObaMa0 Set to BOOGERMAN BOOGERMAN!!!
BY : Michael Coburn <mik...@verizon.net>
REF :
http://groups.google.com/group/rec.radio.shortwave/msg/f517e10dac4aa645
Step # 3 It's Time For All American Workers To Unite

Behind "Guaranteed Retirement Accounts" (GRAs) !

{Insuring Equatable Social Justice For All Into Our
Collective Retirement Futures -cause- It's Fair Now
and Just in the Future}

Donkey's-R-Us -says- Hee Haw Hee Haw Hee Haw ! ! !

- This isn't a government plot,
- nor is it any sort of government plan.

matt,,, Matt... MATT !!!

A "Plot" No : A Viable US Federal Government "Plan" YES !
-where- Plan = Scheme : A Method to Achieve an End [.]

-subject- "Retirement Security Reform" [FACTS]

http://www.congress.org/congressorg/bio/userletter/?id=10892&letter_id=5771765136
- The lady behind this is Teresa Ghilarducci, who is a
- Professor of Economics (among other things,
- she's a very smart cookie).

YES - True that she is . . .

- She has an entire process laid out for the GRA,
- along with how to make it work with SSA and so
- forth on her website.
- http://www.nd.edu/~tghilard/

matt,,, Matt... MATT !!!

YES - Her Plan {Scheme} would Result in Nearly
Doubling The Payroll Taxation [7% SS + 5% GRA
to 12%] of the Average American Worker for a
Lifetime of Work to Retire -and- Re-Distributing
Some {Part} of Their Retirement Saving So That
'Others' Could Retire On Their Money Too.
http://deathby1000papercuts.com/2010/10/stealing-401ks-to-fund-busted-union-pensions-dem-lame-duck-scheme/
- I don't agree with her,

matt,,, Matt... MATT !!!

ACTUALLY : Given the current and future state of
things with all the many Insolvent Retirement Plans
and Unsustainable Pension Programs both Public
and Union : I DO AGREE WITH HER 'Scheme' to
Fix All These Many Retirement Problems With a
Uniform Answer : Of-All : For-All : By-All
{All Things Considered}
-cause- The Alternative is Potential Retirement Anarchy
for the Elderly and Economic Unrest for the Nation in
the next 15 to 50 Years in the USA.

So in this Case The Medicine "Retirement Security
{Solvency} Reform" meaning Higher Payroll Taxes
for All may be better than the Illness of 1/4 to 1/3 or
more of America's soon to be Retired former Workers
having nothing to live-on in Retirement except a
Bankrupt Social Security Program -cuase- Their former
Public Retirement Plans and Private Pension Programs
are/were Unsustainable and Insolvent.

- and don't think it would work,

Just about anything can Work given the Full Taxing
Force and Power of Law of the US Federal Government
behind it for a : Year; a Decade or two; or a Century
or more . . . -example- Social Security :o)

- but it is hardly confiscation

matt,,, Matt... MATT !!!

Which-Part-Of : In addition, Workers could bequeath
Only Half of their Account Balances to their Heirs,
{The US Federal Government would take the Other
Half as a 100% Tax} unlike You {The Individual}
Owning and Controlling Your Full Balances of Your
Present Day Individual 401K and IRA Accounts.
--- sure do sound "Confiscatory" to me...

TAKES : Your Present 100% "Privately" OWNED 401K
and IRA Funds and Assets -and- Places Them All Into
Social Security Administration Managed {US Federal
Government Controlled] "Guaranteed Retirement
Accounts" (GRAs) --- sure do sound "Confiscatory"
-but- Given What The USA and The American People
Are Facing -may-be- NECESSARY {Just & Fair} for
a Sustainable and Solvent Retirement Future For All.

- and a long way from being a right-wing
- or left-wing plot.
- Matt

matt,,, Matt... MATT !!!

All the TALK about the Republicans trying to 'Privatize'
Social Security was just so much talk by the Democrats.
-while- The Democrats ARE 'Nationalizing' All Retirement
in a Semi-Privatization Scheme of "Guaranteed Retirement
Accounts" (GRAs) Taxing Working Individuals at 5% and
Then Paying-Out {Re-Distributing} at an Evened-Out 3%.

NOT a 'Plot' : Simply a Necessary "Scheme" that to
many/most of the American US Citizens {Voters} will
come to Viewed in Time as Promoting The General
Welfare of All The People in a 'reasonably' Fair and
Just Way To All. {Socialism}
http://en.wikipedia.org/wiki/General_Welfare_clause#United_States

The US Federal Government's Taxing All a Flat Percentage
and Spend-Back To All A Uniformly Flat Amount.
http://en.wikipedia.org/wiki/Taxing_and_Spending_Clause
{Working Income Wealth = Retirement Income Re-Distribution}

NOT Good -and/or- NOT Bad : Just a 'Scheme' to Normalize
the Average Retirement Income For All.
.
.
US House Takes Step # 1 : American Workers Unite

Behind "Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/5bfc2299db9eb2fb

.

US Senate Takes Step #2 : American Workers Unite

Behind "Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/8208766a0abd07dc
.
WAS/CR : Wild-Ass Socialist/Communist Rhetoric...

Comrades Our Democrat Party of the USA Leaders
in the U.S. Congress Have a Better and More Powerful

Privatized Social Security Plan : Eliminating the Evil


Capitalist Vestiges of Individual 401(K)s and IRAs

and Replacing them with Socially Just and Universally

Fair Government Controlled {by the SSA} "Guaranteed
Retirement Accounts" (GRAs) For All {Social Justice} :

All Praise to Comrade US Prez-A-Duntz Obama !
Praise be to Comrade US House Speaker Pelosi !
Praise be to Comrade US Senate Leader Reid !
http://groups.google.com/group/rec.radio.shortwave/msg/d585bc3a7bf75e2c
Praise be to Comrade US Representative Miller !
Praise be to Comrade US Senator Harkin !


.
GRA's Good Points : ¡ Brilliant ~ RHF©***
+ Has* All American Workers Save For Retirement
+ GRA Savings Are In Safe and Secure FED Bonds
+ Has* All American Workers Invest In Their Government
+ "Guarantees a 'Private' Retirement Account for Each
and Every American Worker besides Social Security

+ Uniformly {Re-Distributes} GRAs Fairly and Evenly
From All To All {Social Income and Retirement Justice}

Lamont Cranston

unread,
Oct 22, 2010, 8:03:22 PM10/22/10
to
On 10/20/2010 4:28 PM, ∅baMa∅ Tse Dung wrote:

Who is "ObaMao," kooker?

N∅ ∅baMa∅

unread,
Oct 22, 2010, 8:22:35 PM10/22/10
to
On Oct 22, 7:03 pm, Lamont Cranston <Lamont.Crans...@Shadow.com>
wrote:

> On 10/20/2010 4:28 PM, ∅baMa∅ Tse Dung wrote:
>
> Who is "ObaMao," kooker?

Your "Dear Leader," parteigenosse!

http://weaselzippers.us/2010/09/19/oba-mao-obama-dressed-in-commie-garb-still-a-big-seller-in-communist-china/

RHF

unread,
Oct 23, 2010, 5:15:39 AM10/23/10
to
On Oct 22, 5:03 pm, Lamont Cranston <Lamont.Crans...@Shadow.com>
wrote:

> On 10/20/2010 4:28 PM, ∅baMa∅ Tse Dung wrote:

- Who is "ObaMao," kooker?
.
?Q? : Who Are The "ObaMaOs" ? ~ [Obama "O"s] ©
http://groups.google.com/group/rec.radio.shortwave/msg/c90d221349106390
-just-for-the-fun-of-it- ~ RHF
.
?Q? : Who is "ObaMao" ?
Idiot's-R-Us -proclaims- Prez Obama's Major Fault
is . . . Barack H. Obama 'The Man' Is An ELITIST !
http://groups.google.com/group/rec.radio.shortwave/msg/441a90a7d787fcf7
.
- = Back-To-The-Topic = -


.
US House Takes Step # 1 : American Workers Unite
Behind "Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/5bfc2299db9eb2fb
.
US Senate Takes Step #2 : American Workers Unite
Behind "Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/8208766a0abd07dc
.

Step # 3 It's Time For All American Workers To Unite

Behind "Guaranteed Retirement Accounts" (GRAs) ! ©
http://groups.google.com/group/rec.radio.shortwave/msg/7c1be5dee25eb18a
.


All the TALK about the Republicans trying to 'Privatize'
Social Security was just so much talk by the Democrats.

: : : REALITY CHECK 2010 : : :


The Democrats ARE 'Nationalizing' All Retirement in a
Semi-Privatization Scheme of "Guaranteed Retirement
Accounts" (GRAs) Taxing Working Individuals at 5% and

Then Paying-Out {Re-Distributing} at an Normalized
{Evened-Out} Flat 3% Monthly Retirement To All.

The US Federal Government's Taxing All at Flat Percentage
and Paying-Back To All A Uniformly Flat Monthly Amount.


http://en.wikipedia.org/wiki/Taxing_and_Spending_Clause
{Working Income Wealth = Retirement Income Re-Distribution}

.
WAS/CR : Wild-Ass Socialist/Communist Rhetoric...

Comrades Our Wonderful Democrat Party of the USA
Leaders in the White House and U.S. Congress Have


a Better and More Powerful Privatized Social Security

Plan : Eliminating the Evil Capitalist Vestiges of the


Individual 401(K)s and IRAs and Replacing them with
Socially Just and Universally Fair Government Controlled
{by the SSA} "Guaranteed Retirement Accounts" (GRAs)

For All : Retired Workers and Those In-Retirement-Need.
* That's Social Justice For All
* That's Economic Justice For All


All Praise to Comrade US Prez-A-Duntz Obama !
Praise be to Comrade US House Speaker Pelosi !
Praise be to Comrade US Senate Leader Reid !
http://groups.google.com/group/rec.radio.shortwave/msg/d585bc3a7bf75e2c
Praise be to Comrade US Representative Miller !
Praise be to Comrade US Senator Harkin !
.

"Guaranteed Retirement Accounts" (GRAs)
Have Some Good Points : ¡ Brilliant ~ RHF©***
+ Has* All American Workers Save An Extra 5% For Retirement
+ Has* All American Workers Double Retirement Savings


+ GRA Savings Are In Safe and Secure FED Bonds

+ Has* All American Workers Invest In Their Government's
FED Bonds -versus- Chinese Owning Our FED Bonds
{Hey - We Will Now Own Ourselves ;;-}}


+ "Guarantees a 'Private' Retirement Account for Each
and Every American Worker besides Social Security
+ Uniformly {Re-Distributes} GRAs Fairly and Evenly

From All To All by Re-Distributing Some {Part} of Their


Retirement Saving So That 'Others' Could Retire On

That Money Too.
+ Good News American Workers You Will Receive
a Generous 3% Benefit from Your 5% "Guaranteed


Retirement Accounts" (GRAs) and the 'Other' 2%
Will Be Used To Re-Distribute 'Some' of Your Forced
GRA Retirement Saving to 'Others' : Who Have Not
Been As Fortunate As You By Having A Job and
Working All Their Lives...

??? Who Are These 'Others' ???


The Un-Employed; The Un-Employable; Life-Long
Prison Inmates; and People Who Received Welfare
most/all of the their Lives : Will Be Able To Retire
With Dignity with the Same GRA Income as You :
THANKS TO YOU PAYING That Little Extra GRA
Money To The US Federal Government For Them.

Your 5% [100%] of Payroll = 3% [60%] Benefit to
You and a 2% [40%] Gift to 'Others'
* * * Also These 'Others' Are * * *
Insolvent Union Pension Funds and their Retirees
and Unsustainable {Bankrupt} Public Pension Funds
and their Retirees
+ Re-Distribution Creates Universal Social Income
For All and Retirement Economic Justice For All

0 new messages