[StBernard] Democrats want to abolish Retirement Account tax breaks

[Westley Annis]

Lord help us if any of this happens.  John, I heard on the news yesterday
that gold prices are going down and that doesn't even seem to be safe
anymore.  I have mutual funds but I am not selling them, I don't want to be
a panic seller.  I'm also not looking at them day to day, it's a long term
investment and insured now, supposedly, after this bailout package happened.
Don't panic people.
 
Laurie 


> -----------------------------------------------------

> Westley,

> 

> Here is the article in Investment News about how Democratic Party members

of

> Congress what to abolish personal contribution pre-tax breaks to

individual

> retirement accounts and pensions. This story just came out a couple of

days

> ago, because they sense an Obama victory and think they can be like little

> children running wild in the candy store.

> 

> EVERYONE should read this because it would affect every retirement account

> in the United States. Read what the critics have to say about the idea and

> how we can kiss goodbye our employers doing any further matches to our own

> contributions. This is how they (Democrat Liberals) think they can pay for

> Obama trillion dollar spending programs.

> 

> John Scurich

> 

> 

>

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/310139

> 971

> http://tinyurl.com/4qr7ba