Thursday, March 25, 2010

Sleep Tight Kids...........
I'm gonna be gone again most of tomorrow so I'll dump this on ya now.

Remember when I asked you to check This Shit Out back in early January?

Yeah, I got a bit of feedback telling me how friggin stupid I am, yada, yada, yada.

Well, shit and step in it. What do you know. Hate to say, "I told ya so."

Unions Want to Take Over Your 401(k)

"One of the nation's largest labor unions, the Service Employees International Union (SEIU), is promoting a plan that will centralize all retirement plans for American workers, including private 401(k) plans, under one new "retirement system" for the United States.

In effect, government pensions for everyone, not unlike the European system and regardless of personal choice.

The SEIU, which was integral to the election of Barack Obama as president, is working with the left-leaning Economic Policy Institute (EPI), and the National Committee to Preserve Social Security and Medicare, on SEIU's plan, called "the Retirement USA Initiative."

Claiming that the retirement system in place now has "failed most Americans," EPI vice president Ross Eisenbrey, told a labor union publication that "account balances have fallen by a third since late 2007, leaving many older workers unable to retire just as our economy is shedding millions of jobs."

And we all thought that if we worked hard & saved our money for when we get old, that everything would be hunky dorey.

Just one more area where that "Hope and Change" has had an effect.

Gratuitous Picture for a Thursday Night-


Links to this post:

Create a Link

<< Home