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:
This idiot needs to go away!
Do you think a KING cares about rules?
We have absolutely no representation in Washington DC at this time. All of our Politicians have gone silent an let this, no word can explain him, run amuck. Where are the men with a spine gone.
He better not try that B.S.
He can’t take private accounts nor can he take state retirements.
“forced to act in the client’s behalf.” With the client’s own money. Invested for the client’s benefit. As opposed to the financial salesman selling old people c**p for big commissions. Stop and think.
Like Bernie if they will Take their Monies , TheY Will Take Yours !
Prison for him, he will do nothing more before he is replaced
Except whine and dream
^^^ wow, the ignorance is strong in this one…