Originally Posted by
Breckster
Not sure if it all has to do with the Dems???? I think it has to do more at the board levels of corp. America regardless of what political views they have.
Pensions all but gone and now companies want to stop the 401k's and pay us less... who do they think will have any money to buy their products in the future?
Sorry, but I am tired of helping out people who have golden parachutes and make millions because they feel entitled to it
I think what ACL65Pilot was referring to were the hearings last week in Congress about taking American's 401K's and rolling them into Social Security, spreading the wealth. Essentiantly the goverment takes your 401K money, puts it into SS where everyone can tap into. Then you are guaranteed so much once you hit 65 ... that is, assuming there's anything left.
Hot Air Blog Archive Democrats to kill 401(k)s for … privatized Social Security?
-Fatty