Obama was for it, before he was against it, or is it visa versa? I wonder if he knows?
By
rushmc, in Speakers Corner
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rehmwa 2
lawrocket[Reply]So we are talking abut college savings plans here right? Good, lets get rid of all breaks on this shit....
Well, the President wants to make community college free. Probably all college free. So if there's $200k sitting in an account for college, that money isn't needed, anymore. So the government should get it to pay for free community college.
Make sense?
Sure - 401K's are for retirement. So will government hijack those funds too to underpin Social Security?
The entire obligation from the government was that 529's accrued tax free if the gains were used on education. This is a complete breach of the intent - a total reversal. So we have to wonder, is the government itself subject to being held to contractual obligations or not?
Of course, the solid legal argument of "they got it, I want it" is compelling I'm sure. Much like the powerful - "he did it first" defense.
Successful or not, the mindset behind this proposal terrifies me.
...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants
rushmc 23
Too much political heat from Pelosi and Reid
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln
GD64 1
rehmwa
Sure - 401K's are for retirement. So will government hijack those funds too to underpin Social Security?
The entire obligation from the government was that 529's accrued tax free if the gains were used on education. This is a complete breach of the intent - a total reversal. So we have to wonder, is the government itself subject to being held to contractual obligations or not?
Of course, the solid legal argument of "they got it, I want it" is compelling I'm sure. Much like the powerful - "he did it first" defense.
Successful or not, the mindset behind this proposal terrifies me.
rehmwa.........that mindset should terrify you. Watch the vid compilation on Zerohedge. Parts of it you maybe familiar with.
http://www.zerohedge.com/news/2014-04-06government-confiscation-and-lifting-veil-401k-scheme
SkyDekker 1,465
rushmc 23
SkyDekkerThe comment section of the dailycaller.com is gold
I will have to go take a look
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln
A good part of it is because colleges are businesses with great marketing. Most people who went to college probably didn't need to, but because anyone on the right side of the bell curve is basically expected to have a degree at this point…
It won't be long before everyone has at least a bachelor's and they become worthless, and anything under a MA/MS is ignored just like a high school diploma is now.
I for one wish I had saved myself a tremendous amount of debt and skipped college.
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