Miller a Democrat held the hearings. You don't just show up at a hearing and "float" somethig as you say. You have to be invited to speak...so evidently someone thought her plan was plausible. Since it was a Democrat who held the hearings, and Democrats who have expressed concerns about 401ks...WoW! Not a far stretch to say its a Democrat plan!

it is a democrat socialist plan.

This socialist policy would never see the light of day under Republican leadership.

It is being proposed because the folks who want it know that barry is a socialist and that he will sign off on it.

Hey not again -

Keep drinkin' that obama flavored Kool-Aid. Goes down easy, but will do great harm.

barry and his minions want to tax us into oblivion - that is a fact.
We don't hate barry, we just hate the ideas that he has for destroying our country.

It seems they are spreading this "crap" as you call it.

MSNBC Story

Its My Money...Not the governments, not congress's, not yours, not anybody's but mine.

You guys are hilarious. "fred garvin," we've been reading your "facts," or should I say the facts of those you cut and paste from, for months and months. How are those "facts" working out for you guys?

Now, one big hammer. We need a bit of reading comprehension 101. The article you linked to, but obviously did not read, clearly states that this idea was "floated" by economist
Teresa Ghilarducci. She's not a democratic legislator 1big. And, where democrats were mentioned in the article you linked but must not have read, they were expressing concerns for Americans' retirement accounts:

"Congressional Democrats have already expressed concern about the vulnerability of America's retirement system following decades in which employers have increasingly abandoned traditional pensions and forced workers to rely on tax-advantaged 401(k)s and similar plans with market exposure.

Rep. George Miller, a Democrat from California and chairman of the House Education and Labor Committee, has called 401(k)s, "a big failure in terms of providing an adequate retirement for middle-class Americans."

And 1big, even Teresa Ghilarducci doesn't think democrats will buy the idea she floated:

"But she doubts Miller will adopt her blueprint in full."

THE SKY IS FALLING! THE SKY IS FALLING!!!

My point was not to say the democrats were spreading that "crap" as you call it. My point was that MSNBC and other news agencys are just as guilty.

A question to you "DIVA", who is the government to tell me that My 401K is "vulnerable"? And who is expressing these concerns, DEMOCRATS!

The reason that they are so "Vulnerable" is because the Democrats see the money invested tax free as a loss for the government, so they want their share of it.

Believe what you will, just wait and see, 401Ks as they exist today with their tax advantages will change forever if the Dems have their way.

"fred garvin" the non-attributing cut and paster is the plagiarist. You were the reading comprehension guy .

"A question to you "DIVA", who is the government to tell me that My 401K is "vulnerable"? And who is expressing these concerns, DEMOCRATS!"

Umm, bighammer? Again. Did you read the article you linked to? Democrats explained that companies which formerly offered pensions plus 401s are dropping the pensions, yet 401s have suffered and are not adequate for Americans' retirement planning in many cases. Now, either we never stop working, depend on the government when our retirement plans don't pan out, or we listen to the democrats who are sounding warnings now and looking for fixes now.

Who was the party that told us there was no recession coming or here already? mental recessions; nation of whiners. And who is ignoring our retirement issues? Rest your confidence in the party you feel has your best interests in mind. That's what I've done.

Cheers

and I see the warnings. What I don't understand is why warnings from the Democrats about our 401ks being in jeaopardy, hold any more water than the warnings form Conservatives that the Dems want to take all or part of our 401ks?

I can appreciate the warnings too, what I don't want is for the government to make the decision for me as to what I do for my retirement.

Can we at least agree that it is not the Government's responsibility?

The feds kept your retirement for you and I think you are collecting it, fully!

Hope you didn't have any 401-ks, however!
There are many right now who are older with 401-ks who are having to cut their lifestyle due to private management under republicans!

A cut of 20% in government jobs would be fine as long as they didn't cut by seniority and keep all of the old buzzards who don't work much anymore! 20% of every pay grade and responsibility would help. Like so many privates, so many Colonels!

As to those already drawing the second dip, working on third, they I assume you wouldn't bother? What percentage of payroll do you think they represent?

Your twenty percent analogy makes sense-did you confer with Nit?

My retirement is based upon a contractural agreement, and yes I am collecting and if that irks those who chose not to serve for a career, tough.

Second, third, or fourth career makes no difference about what I said, the money set aside for my security/retirement is my property and I will treat it as such to the point of filling a mattress, if necessary.

The 20% doesn't work the way Bonkers proposed it though, does it?
I have never seen a lay-off in government paid salaries that was by classification. Oldies are moved somewhere and the total salaries paid stays at least at 90-95% after the 20% head-count cut.

Many served, some a long time, but got no contractual pay-out! Some can't even get decent hospital care!

The second, third, and fourth are not "careers" they are dips!
If gotten due to influence, they are criminal dips!
I know some.

Heroes are heroes---dippers are dippers!
I have no idea which you are, nor do I care. I served, I have several relatives with several purple hearts who get no first dip!

Think outside the box with more than one of your personalities, the 20% across the spectrum would certainly be a great approach(Heck, I would say eliminate 15% of the ones with high salaries and 5% at the other end).

The contract was to serve 20 years and get a pension-still holds water albeit the pay outs (benefits) are slipping.

Those second, third & fourth vocations are not necessarily careers but rether choices other than staying home and waiting for the mailman. To say they are "dips" indicates envy.

I've been priviledged to serve with heroes both with and without Purple Hearts.

Question: How do you shave(assuming you do) with multiple images staring back from the mirror?