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-   -   U.S. Issues Do you want the Government involved in your 401K? (http://www.chiefsplanet.com/BB/showthread.php?t=269648)

HonestChieffan 02-03-2013 05:24 PM

Do you want the Government involved in your 401K?
 
http://www.bloomberg.com/news/2013-0...attention.html

La literatura 02-03-2013 05:32 PM

Thread seems a little premature considering the recent court opinion on Obama's recess appointments, no?

scott free 02-03-2013 05:35 PM

Its rigged and scary enough as it is, NO.

cosmo20002 02-03-2013 05:37 PM

Quote:

Originally Posted by HonestChieffan (Post 9375257)

Regarding fraud? Seems ok.

"The bureaus core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPBs deliberations who asked not to be named because the matter is still under discussion."

HonestChieffan 02-03-2013 05:54 PM

Quote:

Originally Posted by cosmo20002 (Post 9375320)
Regarding fraud? Seems ok.

"The bureaus core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPBs deliberations who asked not to be named because the matter is still under discussion."

Fraud risk vs. Government.

Ill take the risk, I made the ****ing money

La literatura 02-03-2013 05:55 PM

Quote:

Originally Posted by HonestChieffan (Post 9375420)
Fraud risk vs. Government.

Ill take the risk, I made the ****ing money

Get your gubment hands off my government sponsored retirement account!

HonestChieffan 02-03-2013 05:59 PM

Quote:

Originally Posted by La literatura (Post 9375430)
Get your gubment hands off my government sponsored retirement account!

Government sponsored?

La literatura 02-03-2013 06:06 PM

Quote:

Originally Posted by HonestChieffan (Post 9375448)
Government sponsored?

401k is a government created tax-deferred retirement plan.

CoMoChief 02-03-2013 06:13 PM

ROFL no

ClevelandBronco 02-03-2013 06:28 PM

Quote:

Originally Posted by La literatura (Post 9375483)
401k is a government created tax-deferred retirement plan.

I'll bet you thank strangers when they don't rob you.

cosmo20002 02-03-2013 06:33 PM

Quote:

Originally Posted by HonestChieffan (Post 9375420)
Fraud risk vs. Government.

Ill take the risk, I made the ****ing money

You know where the term "401k" comes from? You might be surprised.

Anyway, no one's forcing you. Use your mattress or a coffee can in the backyard if you're nervous.

rockymtnchief 02-03-2013 06:45 PM

They can't run my Social Security or Post Office. So, no, I'll lose my money on my own.

cosmo20002 02-03-2013 06:48 PM

Quote:

Originally Posted by scott free (Post 9375307)
Its rigged and scary enough as it is, NO.

Quote:

Originally Posted by HonestChieffan (Post 9375420)
Fraud risk vs. Government.

Ill take the risk, I made the ****ing money

Quote:

Originally Posted by CoMoChief (Post 9375511)
ROFL no

Quote:

Originally Posted by ClevelandBronco (Post 9375576)
I'll bet you thank strangers when they don't rob you.

Quote:

Originally Posted by rockymtnchief (Post 9375727)
They can't run my Social Security or Post Office. So, no, I'll lose my money on my own.

None of you actually read the article, did you?

La literatura 02-03-2013 06:51 PM

Quote:

Originally Posted by ClevelandBronco (Post 9375576)
I'll bet you thank strangers when they don't rob you.

No, but I am happy when strangers don't rob me.

rockymtnchief 02-03-2013 06:54 PM

Quote:

Originally Posted by cosmo20002 (Post 9375747)
None of you actually read the article, did you?

Yes I did.

Then I answered a simple question with a simple answer.


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