When Obamacare was signed into law in 2010 after being rammed through Congress, a lot of promises were made and subsequently broken. We all know how the “if you like your doctor you can keep your doctor” bit turned out to be a complete lie.
We were also promised that insurance premiums would go down; To be kind we’ll call that a half-truth. Obamacare did introduce some lower-cost options in their state-run exchanges, but the new law made private insurance accounts even more expensive than they already were.
This forced many people and employers into going to the government exchanges out of financial necessity. People got plans that were worse than what they had because that was all they could afford. This, of course, is the goal of all liberal governments. Force people out of private enterprise programs that they prefer into those run inefficiently by Uncle Sam.
Now it appears that the administration is prepared to take the same tack in regard to your retirement savings accounts. To read how the Obama administration plans to force citizens out of their private accounts and into government ones, continue reading on the next page:
If that happens investments won’t be worth anything either.
BS
Obummer needs to be ejected immediately.
When you leaving?
Shoot him!
When is he going to be stopped
I guess wall street couldn’t steal enough,now the government is going to help
Ok this is ridiculous. The fiduciary responsibility rule simply means a financial advisor must give advice that is best for the client. Previously they gave advice that was best for thier own pocketbook. Would you want a doctor operating on you based on kickbacks from a medical supply company rather than need for the surgery? This is not a government takeover of the stock market. It is requiring people to act in your interest instead of ripping you off.
We’re from the government and we’re here to help! When will we stop buying that tired old line.
Quit trashing Obama’s accomplishments. He has done more than any other President before him. Here is a list of his impressive accomplishments:
Unknown
1. First President to be photographed smoking a joint.
2. First President to apply for college aid as a foreign student, then deny he was a foreigner.
3. First President to have a social security number from a state he has never lived in.
4. First President to preside over a cut to the credit-rating of the United States.
5. First President to violate the War Powers Act.
6. First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico.
7. First President to require all Americans to purchase a product from a third party.
8. First President to spend a trillion dollars on “shovel-ready” jobs when there was no such thing as “shovel-ready” jobs.
9. First President to abrogate bankruptcy law to turn over control of companies to his union supporters.
10. First President to by-pass Congress and implement the Dream Act through executive fiat.
11. First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S., including those with criminal convictions.
12. First President to demand a company hand-over $20 billion to one of his political appointees.
13. First President to tell a CEO of a major corporation (Chrysler) to resign.
14. First President to terminate America’s ability to put a man in space.
15. First President to cancel the National Day of Prayer and to say that America is no longer a Christian nation.
16. First President to have a law signed by an auto-pen without being present.
17. First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
18. First President to threaten insurance companies if they publicly spoke out on the reasons for their rate increases.
19. First President to tell a major manufacturing company in which state it is allowed to locate a factory.
20. First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN).
21. First President to withdraw an existing coal permit that had been properly issued years ago.
22. First President to actively try to bankrupt an American industry (coal).
23. First President to fire an inspector general of AmeriCorps for catching one of his friends in a corruption case.
24. First President to appoint 45 czars to replace elected officials in his office.
25. First President to surround himself with radical left wing anarchists.
26. First President to golf more than 150 separate times in his five years in office.
27. First President to hide his birth, medical, educational and travel records.
28. First President to win a Nobel Peace Prize for doing NOTHING to earn it.
29. First President to go on multiple “global apology tours” and concurrent “insult our friends” tours.
30. First President to go on over 17 lavish vacations, in addition to date nights and Wednesday evening White House parties for his friends paid for by the taxpayers.
31. First President to have personal servants (taxpayer funded) for his wife.
32. First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense.
33. First President to fly in a personal trainer from Chicago at least once a week at taxpayer expense.
34. First President to repeat the Quran and tell us the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.
35. First President to side with a foreign nation over one of the American 50 states (Mexico vs Arizona).
36. First President to tell the military men and women that they should pay for their own private insurance because they “volunteered to go to war and knew the consequences.”
37. Then he was the First President to tell the members of the military that THEY were UNPATRIOTIC for balking at the last suggestion.
I feel much better now. I had been under the impression he hadn’t been doing ANYTHING… Such an accomplished individual… in the eyes of the ignorant maybe.!.