Off Topic House Democrats contemplate ablolishing 401k tax breaks

[jficquette]

“Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive”.

“The savings rate isn’t going up for the investment of $80 billion,” he said. “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.”

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/310139971

John

[svelte]

It’s gonna be a tough few years for you, isn’t it John? Panicking at everything that hits the news reports.

[svelte]

It’s gonna be a tough few years for you, isn’t it John? Panicking at everything that hits the news reports.

[svelte]

It’s gonna be a tough few years for you, isn’t it John? Panicking at everything that hits the news reports.

[svelte]

It’s gonna be a tough few years for you, isn’t it John? Panicking at everything that hits the news reports.

[svelte]

It’s gonna be a tough few years for you, isn’t it John? Panicking at everything that hits the news reports.

[yojimbo]

Yeah, I wouldn’t panic. You should feel reassured that our highly intelligent politicians are already making plans to protect us from our own poor decision making.

Thank goodness everything will be controlled by our omnipotent leaders. For our own good of course.

[yojimbo]

Yeah, I wouldn’t panic. You should feel reassured that our highly intelligent politicians are already making plans to protect us from our own poor decision making.

Thank goodness everything will be controlled by our omnipotent leaders. For our own good of course.

[yojimbo]

Yeah, I wouldn’t panic. You should feel reassured that our highly intelligent politicians are already making plans to protect us from our own poor decision making.

Thank goodness everything will be controlled by our omnipotent leaders. For our own good of course.

[yojimbo]

Yeah, I wouldn’t panic. You should feel reassured that our highly intelligent politicians are already making plans to protect us from our own poor decision making.

Thank goodness everything will be controlled by our omnipotent leaders. For our own good of course.

[yojimbo]

Yeah, I wouldn’t panic. You should feel reassured that our highly intelligent politicians are already making plans to protect us from our own poor decision making.

Thank goodness everything will be controlled by our omnipotent leaders. For our own good of course.

[Author]

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