I came across this blog post from Moonbattery. I thought those of you who either are putting money away in a retirement plan or are drawing an income from one might like to know what some fools have in mind for YOUR money:
As Margaret Thatcher observed, sooner or later socialists run out of other people’s money. But the looting won’t stop until they have stolen your last penny. Did you expect to have a secure retirement after working your whole life? Sucker:
At a three-day conference in New York that began on Wednesday, [Jesse] Jackson discussed a proposal for increasing the availability of capital by using pension money to make loans in low-income communities. The idea is getting a prominent debut at the 16th annual Wall Street Project Economic Summit, hosted by Mr. Jackson’s Rainbow PUSH Coalition and the Citizenship Education Fund.
He isn’t just shouting this Marxist lunacy through a bullhorn at some ghetto street corner.
The conference features some big names, with a keynote speech from former President Bill Clinton.
In plain terms, Jackson is advocating a smash and grab theft of pension money.
I just thought you should know. Read the whole post here: http://moonbattery.com/?p=24914