401(k) Foe Teresa Ghilarducci, the Most Dangerous Woman in America

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Oh -- depositing earnings into IRA's run by Wall St. that is unregulated, as you say, by our elected officials running the government is a bad idea, but handing our earnings directly over to the government to manage and save for our retirements is a good idea??? Who do you suppose writes the laws that allow Wall St. to operate the way it does?

Cindy of OR 1:55PM April 10, 2011

Did I hear TG say she wants everyone to have the same advantage that the "Privileged Class" has??? Wow!! Think about it. The democrats, the holier than thou democrats, who espouse "caring for the poor, the middle class, the environment, love and peace," and want everybody to be safe and happy are now actually Admitting, (even if they didn't really mean to, "oops!-didn't mean to say that"), that there is a Privileged Class and, Lo and Behold, they are going to Help us All Be The Same!! Yikes!!! Is this what Americans want?? NOOOOOOOOO!!!!! Who reading this, can spell COMMUNISM and SOCIALISM and MARXISM AND TOTALITARTIANISM???????????!!!!!!!!! Who can spell Grand Theft by the Government!!!!!????? It seems to me the EVIL EMPIRE is right here, right now! I thought that was defeated years ago. I thought when the wall came down, it was a new era. But NO, they want a New World Order and they expect us to roll over and let them steal everything we've worked for all our lives. This is INSANE!!!!

Carol of GA 12:01PM April 10, 2011

Oh yeah, Now there's a brilliant IDEA let us all as FOOLS Trust The Government With More Of Our Monies!!!! Let's see.., how has that worked out so far?!? We might as well stand in front of an oncoming Train now and hope for the best to happen!!!!

Paul Torres of CA 3:41PM March 18, 2011

Social Security is the most secure item on the retirement landscape. To the extent it has been redistributed, it has been redistributed upwards by borrowing from the trust fund to finance tax cuts for the rich.
Millions of Americans have lost hundreds of billions in retirement savings by handing them over to an unregulated Wall Street.
Continuing to atomize retirement savings into IRAs is a prescription for disaster. An expanded federal program would provide an insurance for retirement savings, for the same reason insurance works.
Instead of cutting pension plans for public workers, we need to be expanding them for private workers. Else there's a tidal wave of old-age poverty coming right at us.

Paul Quick of CA 3:52AM March 07, 2011

White collar private company/org employees do NOT have traditional pensions. Public school teachers, police, sanitation, clerks or any one in government have traditional guaranteed pension plan and a 401k/403B type plan, they are doubly protected, their old age is not at risk.
Public employees retire with pensions that equal private company employees to save millions of dollar of savings in their 401K plans, which is an impossible task for private company employees.
We need a national retirement plan, same one that public employees, senators and congress have. Private citizens are serving public employees by working till age 70, while public employees can retire early in their 50s. Reminds me of U.S.S.R

Anyonymous1 of NY 1:47PM February 09, 2011

Once the government gets it???
How about the trillion odd dollars the private/corporate sector got from the recent bailout of YOUR money??

john of MI 3:42PM January 28, 2011

You would do to us the same as Congress did to Social Security. Redistributed it. They should be arrested for GRAND THEFT. How dare you think you know better than I do for what is good for me? I shall fight you until you have nothing left as you dare take my earned money, all the while being disabled for MY benefit, not anyone's benefit. YOU ARE NOTHING BUT A THIEF. You are so uneducated that you think Socialism works! Sorry you were deprived of oxygen at birth. Please, get help before you destroy us.

Terry of CA 11:31PM January 04, 2011

Another American Socialist who wants to save the country... with everyone elses money.

AA of PA 11:27PM December 18, 2010

Forget it.
Once the gov't gloms onto the money, it's gone. You will never see it.

oracle2world of NC 9:37PM November 01, 2010

MS GHILARDUCCI, YOU ARE DEALING WITH SOMETHING THAT YOU DON'T UNDERSTAND NOR DO YOU CARE ABOUT THE AVERAGE WORKING AMERICAN.I REMEMBER MY DAD WHO WAS A LIFE TIME DEMOCRATE BEING VERY UPSET WITH PRESIDENT JOHNSON WHEN HE ALLOWED SOC SEC TO BE BORROWED ON AND THEN THE WORST PRESIDENT EVER PRESIDENT CARTER ALLOWED ILLEGALS TO RECIEVE SSI PAYMENTS MY ISN'T LIFE GREAT. I WORKED MANY YEARS IN THE BANKING INDUSTRY AND SAW HOW HARD WORKING PEOPLE WANTED TO SAVE FOR RETIREMNT AND NOT DEPEND ON GOVERNMENT OR FAMILY MEMEBERS BUT THE SAD PART IS GOVERNMENT IS NO LONGER A GOOD BABY SITTER. PEOPLE LIKE YOU ARE MAKING SURE THAT OUR RIGHTS ARE TAKEN FROM US. PLEASE LEAVE THIS GREAT COUNTRY

B BLACK of TX 10:09PM October 30, 2010