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:
It’s the first step of the government ultimately seizing individual’s retirement accounts for the greater good of society. So at some point some politician is going to determine a certain dollar amount that if you exceed the government will take those funds, it’s already happening with RMDs (required minimum distributions at age 70 1/2, the are going to lower this age as well as accelerate the required distributions so they can tax and then redistribute
Is his motive to bring down banks to further the collapse of America?
Wow, that’s not a bad idea. Take from those of us who save for retirement and divvy it up between the haves and the too-lazy-to-work-for-it! This is right up the liberal alley. This really isn’t too far-fetched.
Good post. I read the article and it was only conjecture at best. Funny how people only read the headline and then automatically respond.
If what goes through?
What will be dismantled?
Stop with the common sense and educated responses.
Yeah because we know the govt has done such a great job with social security
We are 19 trillion in debt . And the government wants us to trust them with our retirement plans
Does anyone really believe this$#%&!@*