[StBernard] Democrats want to abolish Retirement Account tax breaks

[Westley Annis]

"At that hearing, the director of the Congressional Budget Office, Peter Orszag, testified that some $2 trillion in retirement savings has been lost over the past 15 months."
 
God forbid we should talk about alternatives to what we have now. Investment bankers are not very high on my credibility list right now.
 
Bob F.

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