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RAYMOND

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TAX 401 K

TAX 401 K

Mr. Obama's Wealth Redistribution Agenda





Democrats Target Your 401k Retirement Plan with Taxes


Dear Fellow American:

The public outcry of real Americans like you and Joe the Plumber is finally getting some light shed on Mr. Obama's wealth redistribution agenda supported by Socialist Democrats in Congress. The corrupt media can't hide it any longer. The plan is to bring an end to the America we know and love; to bring an end to freedom and liberty.



They want total control of what you see, hear, think, and do. They will stop at nothing. NOW, they are aiming at your 401k retirement plan and they are going for the kill.



Yes that's right, Liberals in government want to seize these assets for their own. Just look at what James Pethokoukis, the money and politics blogger for U.S. News & World Report has said,



In place of 401(k) plans, she would have workers transfer their dough into government-created "guaranteed retirement accounts" for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee's Subcommittee on Income Security and Family Support, said that since "the savings rate isn't going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that's not generating what we now say it should."



Straight from the jackasses mouth, the Democratic plan is to SIEZE your 401k and take $80 billion that is currently the property of American citizens. Effectively, this plan will end all of the incentives that the majority of Americans not only enjoy but rely on. I am sure you or someone you know takes advantage of their employer matching their 401k contribution. Under the iron fist of the Democratic empire your employer would no longer receive a tax benefit for matching your contribution, so they won't do it. And you will lose half of your retirement contributions. And don't forget, that you will lose your tax breaks from the 401k plan also, so you'd be paying the government to let you retire. Sounds like fun?



Don't let the tyrannical rule of socialists take hold, put a stop to the unholy trinity of the Democrat controlled Senate and House and potential president Obama. Do not let Barrack Obama bring an end to this great country!



We need your help and your donations to win the fight for truth. Send this email to everyone you know and have this video viewed.

Mr. Obama has always been against an individuals' right to control and spend their own savings. He has a narrow, selfish and myopic view of the world we live in and the idea that he can tax whatever he wants to whenever he wants to.
 

Cie

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Mr. Obama's Wealth Redistribution Agenda





Democrats Target Your 401k Retirement Plan with Taxes


Dear Fellow American:

The public outcry of real Americans like you and Joe the Plumber is finally getting some light shed on Mr. Obama's wealth redistribution agenda supported by Socialist Democrats in Congress. The corrupt media can't hide it any longer. The plan is to bring an end to the America we know and love; to bring an end to freedom and liberty.



They want total control of what you see, hear, think, and do. They will stop at nothing. NOW, they are aiming at your 401k retirement plan and they are going for the kill.



Yes that's right, Liberals in government want to seize these assets for their own. Just look at what James Pethokoukis, the money and politics blogger for U.S. News & World Report has said,



In place of 401(k) plans, she would have workers transfer their dough into government-created "guaranteed retirement accounts" for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee's Subcommittee on Income Security and Family Support, said that since "the savings rate isn't going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that's not generating what we now say it should."



Straight from the jackasses mouth, the Democratic plan is to SIEZE your 401k and take $80 billion that is currently the property of American citizens. Effectively, this plan will end all of the incentives that the majority of Americans not only enjoy but rely on. I am sure you or someone you know takes advantage of their employer matching their 401k contribution. Under the iron fist of the Democratic empire your employer would no longer receive a tax benefit for matching your contribution, so they won't do it. And you will lose half of your retirement contributions. And don't forget, that you will lose your tax breaks from the 401k plan also, so you'd be paying the government to let you retire. Sounds like fun?



Don't let the tyrannical rule of socialists take hold, put a stop to the unholy trinity of the Democrat controlled Senate and House and potential president Obama. Do not let Barrack Obama bring an end to this great country!



We need your help and your donations to win the fight for truth. Send this email to everyone you know and have this video viewed.

Mr. Obama has always been against an individuals' right to control and spend their own savings. He has a narrow, selfish and myopic view of the world we live in and the idea that he can tax whatever he wants to whenever he wants to.


I don't buy it
 

djv

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Well it can be true because it happens now. First you put in your 401k free of taxes witch gives you a tax brake at that time. But when you place it in your IRA and withdraw a sum. The feds help them self. That is current process.
 

rusty

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Ray is correct,but pelosi is the one that proposed this earlier in the year,not barrack.

Were already gettn taxed in the 401k anyhow.I got news for both sides .Were paying either way,that america right or wrong,dems or reps.:shrug:
 

Agent 0659

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More lies and spamming bullshit. Keep up your wonderful effort Ray and be sure not to let the TRUTH get in your way in your attempts to keep the black man down.

:rolleyes: :rolleyes: :rolleyes:
 

Agent 0659

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You continue to make a mockery of the forum. congrats! Not many could get away with what you are pulling.
 

RAYMOND

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IF I WANT TO HAVE A BLOCK PARTY

IF I WANT TO HAVE A BLOCK PARTY

I WOULD VOTE FOR BARRY:00hour
 

rusty

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KEEP OUR PEOPLE WORKING:00hour

:( were overseas,surely not on a construction site.
Ray really here.Massachusetts hasnt been hit as hard as some other areas around country,but its bad.

Open your eyes to what is happening around you.
Hopefully by mid-week i will be back to work til christmas if im lucky.(winter is usually slow in the crete business anyway.

This has probably been worst year since the first gulf war.I think a man named bush was president.

You really should not post things that just are not true.Sadly to many are either out of work cause it has dried up,or theve lost there jobs cause of business failure.
 

rusty

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Updated:Obama Promised The Teamsters That He Would End The Oversight And Allow The Mafia Back In?Change the Teamsters can believe in, part 2



Corruption?

Sen. Barack Obama won the endorsement of the Teamsters earlier this year after privately telling the union he supported ending the strict federal oversight imposed to root out corruption, according to officials from the union and the Obama campaign.

It?s an unusual stance for a presidential candidate. Policy makers have largely treated monitoring of the International Brotherhood of Teamsters as a legal matter left to the Justice Department since an independent review board was set up in 1992 to eliminate mob influence in the union.

Sen. Obama?s rival for the Democratic nomination, Sen. Hillary Clinton, has declined to take a stance on Teamsters oversight. During his eight years in office, President Bill Clinton took no action to end the special board. Democratic presidential nominees in 2000 and 2004 ? Al Gore and John Kerry ? didn?t address the issue, according to Teamsters officials.

Neither Sen. Obama nor Teamsters President James P. Hoffa has spoken publicly about easing up federal oversight, a top priority for Mr. Hoffa since he became union president in 1999. On the campaign trail, Mr. Hoffa stresses Sen. Obama?s criticism of the North American Free Trade Agreement as the big factor in winning the 1.4-million member union?s support.

But John Coli, vice president for the Teamsters central region, who brokered the Teamsters endorsement, said Sen. Obama was ?pretty definitive that the time had come to start the beginning of the end? of the three-member independent review board that investigates suspect activity in the union. Mr. Coli said that Sen. Obama conveyed that view in a series of phone conversations and meetings with Teamsters officials last year.

Obama spokesman Tommy Vietor confirmed the candidate?s position in a statement to The Wall Street Journal, saying that Sen. Obama believes that the board ?has run its course,? because ?organized crime influence in the union has drastically declined.? Mr. Vietor said Sen. Obama took that position last year.

It just went away all on its? own? Ed has the link to Sawyer interviewing him:

SAWYER: Want to turn to the news of the day. Front page of ?The Wall Street Journal? today, it says before you won the endorsement of the Teamsters, you indicated to them you would support ending strict federal oversight of the union, which was imposed back in the early ?90s to deal with corruption. Was that commitment made to them?

SEN. OBAMA: You know, I wouldn?t make any blanket commitments. what I?ve said is that we should take a look at what?s been happening over the Teamsters and at all unions to make sure that, in fact, you know, organized labor is able to represent its membership and engage in collective bargaining in accordance to what we?ve always believed.

SAWYER: But if they heard you to be saying that you did support, you did support lifting this strict federal oversight, are they wrong?

SEN. OBAMA: No, what I?ve said is that I would examine what is going on in terms of the federal oversight that?s been taking place, but it?s been in place for many years, the union has done a terrific job cleaning house, and the question is whether they?re going to be able to get treated just like every other union, whether that time has come and that?s something that I?ll absolutely examine when I?m president of the United States.

If the oversight is constitutional, and corruption is ebbing, why mess with it? Just as the Canadians told us the truth about Obama?s real stance on NAFTA, so too are the Teamsters.

From Powerline:

The Teamsters union has had a long and storied relationship with the Mafia. To take just one vivid example, consider the case of Anthony Senter. Senter was the Mafia hit man who arranged a deal with a Teamsters local for a pension after he was convicted of being a member of a mob hit squad in New York City that committed 25 murders and dismembered most of the victims.

Senter?s attempt to secure a pension from his friends at the Teamsters was disrupted in 1994 by the Independent Review Board. The IRB is the body created by a 1989 consent decree to monitor the Teamsters for corruption. Since 1999 the Teamsters has sought to have the consent decree dissolved. The Department of Justice has not thought that such a good idea. The Teamsters would like new leadership at the Department of Justice with a better attitude.

In 1989 the Teamsters entered into the consent decree with the government. The decree was entered into before, and signed by, Judge David Edelstein of the United States District Court for the Southern District of New York. The consent decree resolved the government?s prosecution of the Teamsters for racketeering.

Certain provisions of the decree were enforced by a permanent injunction. The injunction ordered the Teamsters to refrain from racketeering activity (as defined under federal law) and from knowingly associating with the Mafia. The consent decree also provided for the creation of the three-member IRB in 1992. The jurisdiction of the IRB is limited to the prevention of corruption, including bribery, embezzlement, extortion, loan sharking, and other serious violations of federal law, or control and influence of the Teamsters by the Mafia.

Today?s page-one Wall Street Journal story shines a spotlight on the Teamsters? endorsement of Barack Obama. According to the Journal, Obama advised the Teamsters prior to its endorsement of him that he supported dissolving the permanent injunction to which the Teamsters agreed in 1989 and under which it has been operating ever since. Dissolution of the consent decree would require judicial blessing, but if the government were to seek dissolution of the decree, it would be highly likely to secure it.

Taking a leaf from the Clinton scandal management playbook, the Obama campaign dismisses the Journal story as old news. Even it it is old news, the Journal story provides the detail and attention that the story richly deserves.

In 2002, the left-wing Nation magazine frankly condemned Teamsters President Jimmy Hoffa?s goal of eliminating federal oversight of the Teamsers as ?a bad idea.? It still is. Are the corruption and exploitation of the Teamsters no longer a serious threat? Someone really should ask Barack Obama why not.

The Nation article notes that in May 2002 the IRB permanently barred from the union two of Hoffa?s closest associates (William Hogan Jr., president of Chicago?s Joint Council 25, and Dane Passo, Hoffa?s former Midwest campaign manager and special assistant). According to the article, they were disciplined for trying over an extended period of time to force the Las Vegas local to permit a mob-linked labor broker (of which Hogan?s brother was vice president) to provide low-wage, nonunion workers for convention setup work, thus threatening to undermine the Teamsters contract and displace union members.

Some Democrats recently sought the impeachment of an attorney general for politicizing justice by the firing of eight United States Attorneys. Many Democrats joined in driving the attorney general from office on the charge. I believe the charge was bogus in the case of Alberto Gonzales. But Democrats are now about to nominate a presidential candidate who is engaged in something that looks very much like the genuine article.

JOHN adds: Barack Obama, old-fashioned corrupt pol! Well, of course, a lot of those corrupt Democratic pols got elected.

Trackposted to Outside the Beltway, Rosemary?s Thoughts,

The endorsement had noting to do with his believe that no secret vote is needed to start a union.Therefore people would not be in fear to join a union,or losing there jobs.
 
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