Unions Want to Take Over Your 401k »
Posted By RedRiverJ 8 months, 1 week ago in NewsOne 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.
Read Full Story at moneynews.com »
762 Views Share Story 30 Comments Report
Who Also Submitted:
RSS Join the Discussion
+ Add CommentComments So Far: 30 (view all)
-
89%
RedRiverJ8 months, 1 week ago
This comment is below the standard viewing threshold View It »
The SEIU wants to take your 401K and will promise you at least $600.00 a month..........
Reply
Geez, makes me feel comfortable having a union that was CRITICAL in getting Obama elected take care of my 401K for me, how about you?
This happens and you will see your 401K go to 'change' and it will be the kind you will NOT believe in.........
When does this crap stop?
http://www.seiu.org/-
-
67%
ADAGUY8 months, 1 week ago
This comment is below the standard viewing threshold View It »
Have no fear, my 401K lost 54% of it's value under Bush. One of my closer friends had close to 1million shares in Bank of America. Was worth 40.00 per share now it's worth around $3.00 per share. Sounds like we started worrying about our 401K's a little late huh?
Reply
Now really, how hard do you think it would be to beat those averages? -
-
-
75%
Wolfie20078 months, 1 week ago
This comment is below the standard viewing threshold View It »
I've heard rumors about the government wanting to take over 401k's. I told my daughter last month to stop her contribution and try to get the some of her money back. She was able to stop her contribution but she was told she could not withdraw her funds until retirement.
Reply -
90%
stephen-johnson8 months, 1 week ago
This comment is below the standard viewing threshold View It »
"In effect, government pensions for everyone, not unlike the European system and regardless of personal choice."
Reply
The only time liberals favor choice is for abortion. For everything else - from fats in your food to the type of light bulb you can buy to the type of car that you drive - they want to make the choice for you.
People who are successful in retirement planning will have to "share" their wealth with the "less fortunate" anyway. Obama's tax code will see to that. -
-
-
-
-
-
-
0%
HOUSEMD8 months, 1 week ago
This comment is below the standard viewing threshold View It »
the unions USED to be wrothwhile but in the last sevreal decades they have become corrupt. they are run by either the mob or the democrats, not much difference there. they have quit protecting the workers and only protect themselves now. they demand bigger wages for less work and then TAKE more dues from the workers. you realize that they make money all the while the union is out on strike, that is why we always see long strikes, you know, the ones that could be settled for an extra 2ccents /hr. in my book they only serve the mediocore worker who wants to sit on his a** while someone else does his work.
Reply
Submit a Story
Advertisement
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.