This is not an article about retirement planning. I had been smarter I would have 20 pounds of gold buried somewhere rather than my investments in the stock market, retirement plan, and IRAs. I have heard speculation since Obama was in office about a move to “take” over our individual retirement accounts. By all accounts there are trillions of dollars out there in which the federal government has no control over. Both Demoncrats and RINOs will salivate at the thought of having that much money to spend to ensure their re-election. They’re not likely to just take it, but will offer you the ability to convert your accounts to government guaranteed annuities. Think of Social Security again…many promises and IOUs and your beholding to the government for your daily bread. Any guess who you will vote for?
The main stream (old media) covers for them…at least the Demoncrats.
Brief 1: July’s jobs report came out and Obama hit the stump bragging about how many private sector jobs were created that month. Apparently we are heading in the right direction;
“That means that we’ve now created 4.5 million new jobs over the last 29 months, and 1.1 million new jobs so far this year. Those are our neighbors and family members finding work and the security that comes with work.”