The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (282465)	10/11/2010 12:47:12 AM
From: Les H	Read Replies (3) of 306849

Both parties want to confiscate individual retirement accounts. Some liberals want to take money from 401ks, IRAs, etc. to bolster Social Security in what's called a Guaranteed Retirement Account (GRA). Some conservatives want to take the same money and/or Social Security and hand it over to insurance companies to manage in another national annuity program. I could see these two groups getting together with a compromise. It's another move to screw the elderly or those approaching retirement who have had the longest time to build a substantial amount in their personal retirement plans. huffingtonpost.com

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