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In reply to the discussion: Link to Robert Reich's petition to President Obama : [View all]hay rick
(9,612 posts)20. Neither of the above.
I'm surprised to see the 1% increase in payroll tax included in Rubin's plan. I don't see any reference to increasing the payroll tax at his web site- not that I read everything there.
Harkin's plan sounds better until you follow the link and read further, coming to this:
USA Retirement Funds would be privately-run, licensed, and regulated retirement plans. Each USA Retirement Fund would be overseen by a board of trustees consisting of qualified employee, retiree, and employer representatives. The trustees would act as fiduciaries and be required to act prudently and in the best interests of plan participants and beneficiaries. The assets held by each USA Retirement Fund would be pooled and professionally managed.
Sounds like a Pete Peterson plan in sheep's clothing.
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I will support this effort but think it will not affect Obama who has clearly made up his mind.
rhett o rick
Apr 2013
#4
He can't be concerned about our retirements when he has to make sure his own is secure.
dflprincess
Apr 2013
#11
Point well taken .. but we have to fight very hard .. and speak very loud .. hit the streets of DC
YOHABLO
Apr 2013
#13
We need to think very hard about who we will run in 2016. The ruling elite are going to
rhett o rick
Apr 2013
#22
that's badass. By monday, the White House will have to adress this concern among the base.
Volaris
Apr 2013
#14
I never thought I'd have to sign a petition to try and stop a Democratic president from cutting SS.
bluethruandthru
Apr 2013
#36