Obama .. To Nationalize 401k Plans, where the government is going to make every employer that does not have a pension plan open a National Retirement Savings account in your name, and supposedly have to make a deduction from your paycheck roughly equal to you Social Security. The government will guarantee you earn 3%. Supposedly this is in the 2010 Budget put forward by you know who, BHO..
After the stock market plunged, i reinvested my 401k money and started making some of it back, averaged a little over 8% last year. Does that mean the government would have confiscated 5%? I mean according to the way the story reads, "you don't need more money than that" is the mantra...
I have decided the Obama is not just crazy, they are evil. Evil as in the laws, the Constitution, everything we used to say is right with this country are now bad.
Then I read about how the Obama Scholar program is now in full swing at Arizona State
Here is what the web page says about the President Barack Obama Scholar program...
ASU will award recipients a combination of the following sources of aid. These awards do not require repayment, and cover all direct expenses for 8 semesters (4 years)
Qualifications
To remain is good standing in the President Barack Obama Scholar Program, undergraduates must maintain a cumlative GPA of 1.600 for the first 24 semester hours, ...
HUH? are you friggin kidding me? I had to maintain at least a 2.5 to keep my schloarship in college, but these kids only have to earn a D+ average...what is this, Animal House..
"...1.6; four C's and an F. A fine example you set! "
Then there is the story about how the Brazilian Oil company is going to drill in over 14,000 ft of ocean, but thats Ok by BO," Obama loans Brazil $2 billion for offshore drilling"
If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits...
Meanwhile he fires a General, and who knows what else he's up to...
The nationalized 401 thing has been around a while. Unfortunately one has to rely on the kookie Internet to get any information on any of this stuff, and even then it's just rumor-mill stuff. (The mainstream media won't report on anything in any useable detail.) How many people even knew of mandatory insurance purchase until it actually happened, although I was carping about it during the campaign, because it was up before Congress way on back when Tom DeLay was Speaker of the House.
ReplyDeleteDon't put your trust in politics--the solution is not there. The solution is that we must change within, individually, then that will change the world. How many people's goal is to be and do good? That is not the main goal of politicians.
ReplyDeleteI hope that required grade average is a misprint.
No, I got that from the university web page...1.6 GPA is all you need to stay "in good standing" for the first year (24 semester hours of class instruction)
ReplyDeleteWho gets these scholarships?
ReplyDelete