Posted by admin / Under Roth IRA
Laurie Roth from Washington state is running not as a Republican, but as a self-described patriot and conservative on the American Independent Party ticket. She says she's already on the ballot in California, and will take steps to make sure her name is listed in the other 49 states. Another pledge by Roth is to become totally energy independent in four years. "America will be the largest exporter of energy in the world," says Roth. "Disconnect from OPEC. Employ 20 million people in energy infrastructure jobs [including] natural gas, oil, nuclear, solar and alternative fuels."
Published on Tuesday 22nd of May 2012 08:55:49 AM
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Posted by admin / Under Roth IRA
FYI - I am not attempting to promote this organization. I used their article because it does an excellent job of describing the bill and the disaster this will be if passed. September 7th, 2010, Fairfax, VA—A new bill proposed by Senators Jeff Bingaman and John Kerry would force enrollment in “automatic Investment Retirement Accounts”, prompting Americans for Limited Government (ALG) President Bill Wilson to urge the Congress to reject it. “This legislation will force Americans into a government-mandated, ‘one size fits all’ retirement account,” Wilson said, adding that it would “disproportionately impact younger and lower-income workers, who will now...
Published on Tuesday 22nd of May 2012 08:55:49 AM
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Posted by admin / Under Roth IRA
The Obama administration appears to be proceeding with a novel way of financing trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their investment accounts. The requirement to invest private retirement assets has been cleverly buried within plans to create "automatic IRAs" that would mandate employer groups enroll all employees in 401(k) or IRA plans. The U.S. Department of Labor released yesterday an agenda for an upcoming joint hearing with the Department of the Treasury scheduled for Sept. 14 and 15 on whether government life-time annuity options funded...
Published on Tuesday 22nd of May 2012 08:55:49 AM
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Posted by admin / Under Roth IRA
Roger Roth, Wisconsin Assemblyman and Candidate for Congress, Wisconsin’s 8th District, had this observation about the U.S. Constitution: “The Constitution is a wonderful document. It’s a great piece of paper that’s got a lot of words on it. But you know, at the end of the day, it’s just a piece of paper that’s got a lot of words on it. And we need to elect representatives that believe in that.” “It’s not so much ... I asked a class of, of, uh, you know, I go around to my local schools and talk to fourth, fifth, sixth graders, and...
Published on Tuesday 22nd of May 2012 08:55:49 AM
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Posted by admin / Under Roth IRA
The EBSA Proposed Rules is undisguised looting of employer and employee alike. In a proposal entitled EBSA Proposed Rules, the Labor and Treasury departments are requesting information from employers, employees, financial institutions and others regarding Retirement Accounts. They "are asking for public input about the use of annuities in defined-contribution plans, such as 401(k)s. . . . including the advantages and disadvantages of distributing benefits as a lifetime stream of income . . ." The 401(k) plan was created and is regulated by the government. It consists of two types of plans: the Defined Benefit and the Defined Contribution. In...
Published on Tuesday 22nd of May 2012 08:55:49 AM
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