How Obama and McCain Want to Change Your Retirement Accounts

Reader Comments

Back to blog

When listening to the debate last night I heard what Obama was saying and kept hearing his words say one thing and the meaning of those words being totally different. In other words, Obama is lying to us. He wants to give all these tax credits and health care benefits and leave those with health care benefits as is. Those who will need the benefits from his plan will be effectively forcing those with to end up on the gov't plan due to their employers going out of business or downsizing due to the increased (massive) costs in taxes imposed to utilize and run that program. Fact: Gov't. never has and never will be an efficient entity ever. This goes for health care doubly. The insurers are jumping for joy right now. They are the true beneficiaries of any nationalized plan. They(insurers) will whine and moan all day long and at the same time we will never see them go hungry or lose their homes due to financial strife. NEVER has any insurer been without money. If they are and can show it on the books, follow them around and see just how poor he really is. He will go home to a nice house in a nicer vehicle to plenty to eat and all the same toys in the garage as were there last year. Back on track-Obama will put another generation in the poor house with his program that has to be paid for by workers who are already having a hard time just keeping themselves fed. His plan is completely unrealistic. He wants to put an inefficient, corrupt agency that does not exist as of yet in charge of our health care. He wants to allow the abortions that live to be afforded no chance at a life. How can anyone want this guy as president when he won't give the rights most of us give a dog to a third term living abortion. His answers to voter fraud and manipulation of voter registration were not acceptable. This is a guy who paid the group ACORN over 800,000 dollars to help their efforts. What ACORN does is to pay those workers a set amount of money for each voter registration card they turn in. There is no accountability to those cards, and as we are finding out, most if not all are fictitous persons made up in order to cast votes by non-existent people. These are facts, Obama is also good friends with a known terrorist. William Akers, he set off 25 bombs here in the US at the capoitol and pentagon and other places in our home land. Who also says he wishes he had set off more. Obama has had his political carrer almost entirely funded by foreigners with alterior motives. Those motives are not in our intrests as Americans. Those interests lie in socializing this country so as to limit freedoms and choice. To make the one place left on earth that freedom is afforded the citizens a thing of the past. Trust me on this one thing. Other countries don't hate America because of something America has done to them. They hate us because of the lies their governments have told them. Americans liberate and their gov't's. lose power and do not like it.

of MN 6:18PM October 16, 2008

The candidates should cause the Treasury to increase the dollar amount of I-Bonds that an individual can purchase each year (they lowered it from $30k to $5k last year) and increase the fixed I-Bond interest rate component from the ridiculous 0% where it is now. How does that encourage saving for retirement?

Mr. ToughMoneyLove of TN 12:34PM October 16, 2008

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Planning to Retire

Senior editor Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

advertisement

Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


advertisement