Wednesday, September 11, 2019

Elizabeth Warren wants your wealth

The Democrat candidates are "monkey say monkey do" and they climb on the socialism clown wagon daily. O'Rouke wants your 2nd amendment rights destroyed, Elizabeth Warren wants your retirement savings destroyed with her "Accountable Capitalism Act." They all have a blood lust for the unborn and fragile. You need to speak up. Old people don't have income, they have wealth. . . to support them in their old age. Our progressive tax system already takes huge amounts of our money. Congress is profligate spenders and once they get ahold of your pensions, they won't let go.

Seventy-two percent of the value of all domestically held stocks is owned by pension plans, 401(k)s and individual retirement accounts, or held by life insurance companies to fund annuities and death benefits. This wealth accumulated over a lifetime and benefits all Americans. . . 
Socialism always destroys wealth; it doesn’t redistribute it. Unfortunately, this great truth is far from self-evident. Whether current and near-retirees will stand up and fight for their retirement savings will effectively gauge the survival instinct of our country, and our willingness to preserve the economic system that built it.  Phil Gramm, Wall St. Journal. Sept. 10, 2019

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