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Happy Panther

Government takes personal savings accounts

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PS - this did happen in the US in 1933 when Roosevelt ordered all citizens to sell their gold to the government at a fixed price - and subsequently increased the price by around 75%.

Google executive order 6102

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Employees don't typically contributes to a pension. That is company funded and paid.

The hell you don't. Just like insurance costs that is money you are not getting directly as a wage.

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All my money is buried in the backyard.

geo located via IP address

Mod field trip anyone?

:)

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geo located via IP address

Mod field trip anyone?

:)

I did install booby traps...

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That's why we are bringing nc biscuit along...not a mod but a booby expert.

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The hell you don't. Just like insurance costs that is money you are not getting directly as a wage.

The few companies that provide pensions (most do not anymore for cost reasons) are company paid. There are not pension contributions made the employees. It is a benefit cost for the company.

Unless you are saying that you would have a higher salary if they did not have a pension...which I assure you there are no salary increases that happen when pensions are killed.

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The few companies that provide pensions (most do not anymore for cost reasons) are company paid. There are not pension contributions made the employees. It is a benefit cost for the company.

Unless you are saying that you would have a higher salary if they did not have a pension...which I assure you there are no salary increases that happen when pensions are killed.

What Del is saying is Yes that is true, but it is also factored into your compensation, thus it is your contribution, paid by the company, to compensate you for your work. So in theory you are paying it in, just not directly.

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I just saw an article on this...

Isn't there a real risk here (no matter the other logical reasons for "holding people accoutanble" or whatever) of a run on the banks?

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What Del is saying is Yes that is true, but it is also factored into your compensation, thus it is your contribution, paid by the company, to compensate you for your work. So in theory you are paying it in, just not directly.

My comment is that companies usually do not increase your compensation when pensions are killed.

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Don't worry, this will be coming to a state near you at some point.

Nah, just ck your tax output lately.

It's already here.

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