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The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agencys first foray into consumer investments.
Thats one of the things weve been exploring and are interested in in terms of whether and what authority we have, bureau director Richard Cordray said in an interview. He didnt provide additional details.
DEVELOPING: Obama to Come After the $19.4 Trillion in American's Retirement Accounts?
Retirement Savings Accounts Draw U.S. Consumer Bureau Attention - Bloomberg
DEVELOPING: Obama to Come After the $19.4 Trillion in American's Retirement Accounts?
Retirement Savings Accounts Draw U.S. Consumer Bureau Attention - Bloomberg
Either you didn't read your own link, or you have the reading comprehension of a trout.
Before you work yourselves up into a lather, remember it was some of those same investment firms who bilked Stockton, CA and other cities with phony, inflated "investment" opportunities.
Or, perhaps you just favor letting big banks and investment firms steal everything they can without hinderance?
DEVELOPING: Obama to Come After the $19.4 Trillion in American's Retirement Accounts?
Retirement Savings Accounts Draw U.S. Consumer Bureau Attention - Bloomberg
Either you didn't read your own link, or you have the reading comprehension of a trout.
I read it...only I didn't do so with rose colored glasses- that's your purview.
The left might still believe that Obamacare will reduce medical and insurance costs, so it's hard to talk to them sometimes.
I have no doubt that the liberals in Washington are drooling over the trillions sitting in private accounts. They have never been able to keep their grubby hands off any money, like social security.
I would expect to start hearing how people will lose their retirement accounts if they leave it up to the private sector. The government will need to ensure that our money is safe by taking over those accounts, for our own good. After they use all the money they want, they'll eventually suggest that they will dole it out a little each month to people. After all, you can't trust people with large sums of money. Then, people who never started a retirement account will be included when the money is doled out. It's only fair.
It was liberals who started income tax. It is usually liberals who increase income tax. It was liberals who started social security and promised to keep it in a lock box, not tax it, only take a small percent of income and that the program was voluntary. It was liberals who made it mandatory, started taxing it, decided to take bigger and bigger percents from everyone's income and they broke the lock box.
Liberals cannot stay away from large sums of money and they find ways to get it. This will be no different.
Before you work yourselves up into a lather, remember it was some of those same investment firms who bilked Stockton, CA and other cities with phony, inflated "investment" opportunities.
Or, perhaps you just favor letting big banks and investment firms steal everything they can without hinderance?
Either you didn't read your own link, or you have the reading comprehension of a trout.
I read it...only I didn't do so with rose colored glasses- that's your purview.
You can't argue with people who still believe that Obamacare will reduce costs, the economy has improved, Benghazi is a non-story, the government really does want to help us and the left doesn't want to redistribute all the money.
It'll happen. Now the liberal sheep will come along and make fun of us for believing it but it's the same thing they did about the "death panels" so no big deal. Almost everything that conservatives predict about the left comes true.
It will happen.
DEVELOPING: Obama to Come After the $19.4 Trillion in American's Retirement Accounts?
Retirement Savings Accounts Draw U.S. Consumer Bureau Attention - Bloomberg
It'll happen. Now the liberal sheep will come along and make fun of us for believing it but it's the same thing they did about the "death panels" so no big deal. Almost everything that conservatives predict about the left comes true.
It will happen.
sure...ask President Romney
I wonder if anyone kept a list of all the evil things Obama is going to do? The real question is there any evil deed Obama is not going to do?
A stupid answer from...well....someone...go buy a brain idiot.It'll happen. Now the liberal sheep will come along and make fun of us for believing it but it's the same thing they did about the "death panels" so no big deal. Almost everything that conservatives predict about the left comes true.
It will happen.
sure...ask President Romney
A stupid answer from...well....someone...go buy a brain idiot.It'll happen. Now the liberal sheep will come along and make fun of us for believing it but it's the same thing they did about the "death panels" so no big deal. Almost everything that conservatives predict about the left comes true.
It will happen.
sure...ask President Romney
