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Government takes personal savings accounts


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#16 thefuzz

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Posted 16 March 2013 - 02:19 PM

Kind of rich calling someone naive while you pretend you've actually 'taken care of yourself.'



Have I not?

I certainly don't expect to get anything from that broke ass program called SS, and I will not put my retirement or my future in the hands of a business whom I know can go bankrupt at any time.

#17 MadHatter

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Posted 16 March 2013 - 03:28 PM

Are you insane? How is it fair to not expect something that you put money into?


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

#18 Happy Panther

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Posted 16 March 2013 - 03:55 PM

No it won't. If you really think that something this absurd could transpire in the USA you need to have your head examined.


Of course it could happen. No chance today but what happens if our debt becomes unmanageable. Something drastic may happen. Maybe not be bank seizures but something will give.

In the USA 401ks will be seized long before savings accounts.

#19 stirs

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Posted 16 March 2013 - 04:48 PM

All my money is buried in the backyard.


and you live where again?

uhh, I have a lawn service

#20 Happy Panther

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Posted 16 March 2013 - 05:36 PM

and you live where again?

uhh, I have a lawn service


Here

http://www.zillow.co...1/6123338_zpid/

Call me on my celly and we can work out something.

Don't steal mah money though k?

#21 Happy Panther

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Posted 18 March 2013 - 07:35 AM

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

#22 Delhommey

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Posted 18 March 2013 - 08:04 AM

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.

#23 Panthro

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Posted 18 March 2013 - 08:06 AM

All my money is buried in the backyard.

geo located via IP address

Mod field trip anyone?

:)

#24 Happy Panther

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Posted 18 March 2013 - 08:17 AM

geo located via IP address

Mod field trip anyone?

:)


I did install booby traps...

#25 Panthro

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Posted 18 March 2013 - 08:18 AM

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

#26 MadHatter

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Posted 18 March 2013 - 08:30 AM

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.

#27 Kurb

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Posted 18 March 2013 - 08:33 AM

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.

#28 Darth Biscuit

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Posted 18 March 2013 - 08:39 AM

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?



#29 MadHatter

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Posted 18 March 2013 - 09:01 AM

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.

#30 Kevin Greene

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Posted 18 March 2013 - 09:17 AM

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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