How the government takes care of retirees
1) Don't reform Social Security.2) Destroy the value of your 401-k and 403-b and any other investments you have through a subprime mortgage meltdown they could have stopped (or never started). Barney Frank, Chris Dodd and Barack Obama made sure no one would stop their pet projects and kick-backs from the GSEs.
3) Steal the value of the 401-k that's left.
- 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. Workforce
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