401k news

rrplasencia · 10-27-2008, 11:30 AM

i'll have to look for the link it's moved since friday but i actually watched c-span for 2 hours while it happened. Mark's post actually sums it up pretty well. even if they don't get this exact version passed any variation of this is a bad idea. the last half hour of c-span i saw (i know i'm hooked

) was some other proposal to tax ammo by 500% since supreme court is upholding right ro bear arms.

zmancbr · 10-27-2008, 11:49 AM

As long as it is optional I could care less... but believe me I know what to do with my money better than our government does. 3% is absolutely terrible... I am a high risk investor and keep all of my stuff in high risk/return funds to maximize my yields while I am still younger... The last thing I need is to get that replaced with a 3% gain per year?

N2Advnture · 10-27-2008, 11:52 AM

Quote:

Originally Posted by rrplasencia

...the last half hour of c-span i saw (i know i'm hooked

) was some other proposal to tax ammo by 500% since supreme court is upholding right ro bear arms.

Good grief....btw - at least we know they are Chris Rock fans

stitch · 10-27-2008, 11:56 AM

Quote:

Originally Posted by rrplasencia

some other proposal to tax ammo by 500% since supreme court is upholding right ro bear arms.

THAT is Exactly why I've been loading and stocking my own for 20+ years!

zmancbr · 10-27-2008, 12:24 PM

I wish politicians would learn that taxing anything to death means people will go to extremes to get it elsewhere...

What do they think will happen if they add the SCHIP tax to cigars? All they are going to do is put cigar vendors and B&Ms out of business here in the states... and more people will buy via the internet and have them shipped in... it is a lose/lose for everyone involved...

10-27-2008, 01:40 PM

Offer this as an option and privatization everyone's happy.

rrplasencia · 10-27-2008, 02:24 PM

Quote:

Originally Posted by stitch

THAT is Exactly why I've been loading and stocking my own for 20+ years!

first thing that came to mind

AriesOpusX · 10-27-2008, 02:36 PM

I keep my money in my pocket, eat that government.

AAlmeter · 10-27-2008, 02:54 PM

If the pyramid scheme begins to fail...build a bigger pyramid. Looking like we're gonna be in for a lot of this in the future.

10-27-2008, 11:30 AM	#1
rrplasencia monica lewinsky Join Date: Oct 2008 First Name: Richard Location: Miami Posts: 1,827 Trading: (55)	Re: 401k news i'll have to look for the link it's moved since friday but i actually watched c-span for 2 hours while it happened. Mark's post actually sums it up pretty well. even if they don't get this exact version passed any variation of this is a bad idea. the last half hour of c-span i saw (i know i'm hooked) was some other proposal to tax ammo by 500% since supreme court is upholding right ro bear arms. __________________ "Merica, Back to Back World War Champs." -Cloyd Rivers

10-27-2008, 11:49 AM	#2
zmancbr CERTIFIED THREAD KILLER!! Join Date: Oct 2008 First Name: Zach Location: Color Red Posts: 1,692 Trading: (41)	Re: 401k news As long as it is optional I could care less... but believe me I know what to do with my money better than our government does. 3% is absolutely terrible... I am a high risk investor and keep all of my stuff in high risk/return funds to maximize my yields while I am still younger... The last thing I need is to get that replaced with a 3% gain per year?

10-27-2008, 12:24 PM	#5
zmancbr CERTIFIED THREAD KILLER!! Join Date: Oct 2008 First Name: Zach Location: Color Red Posts: 1,692 Trading: (41)	Re: 401k news I wish politicians would learn that taxing anything to death means people will go to extremes to get it elsewhere... What do they think will happen if they add the SCHIP tax to cigars? All they are going to do is put cigar vendors and B&Ms out of business here in the states... and more people will buy via the internet and have them shipped in... it is a lose/lose for everyone involved...

10-27-2008, 01:40 PM	#6
Ace$nyper Guest Posts: n/a	Re: 401k news Offer this as an option and privatization everyone's happy.

10-27-2008, 02:36 PM	#8
AriesOpusX Goodfella Join Date: Oct 2008 Posts: 215 Trading: (0)	Re: 401k news I keep my money in my pocket, eat that government.

10-27-2008, 02:54 PM	#9
AAlmeter F.U.B.O. Join Date: Oct 2008 First Name: Adam Location: Buffalo Posts: 288 Trading: (0)	Re: 401k news If the pyramid scheme begins to fail...build a bigger pyramid. Looking like we're gonna be in for a lot of this in the future.