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Obama pushes protections for retirement accounts

Biggest retirement mistakes

The White House says it wants greater protections for retirement investing.


badyvamate8 minutes ago

Stay out of it, OBAMA. You know nothing about economics, finance, or retirement.  I don't trust the guy as far as I can throw him, and I certainly don't trust him with my retirement savings.

Under Obama, the rich got richer and the poor, poorer. Since the Federal Reserve enacted its quantitative easing strategy, the S&P 500 has soared more than 200% in value. During the same timeframe, the number of Americans receiving food stamps has essentially doubled to 46.23 million, or one-sixth of the American population.

The “Affordable” Care Act has been nothing short of a disaster. My health insurance bill is up to $450/month. (Compare this to my $25/month auto insurance from Insuranc Panda or my $10/month renters insurance from Eagle… both private enterprise!)

As a broader measure, since the Great Recession began, the top one percent of earners have seen their incomes rise more than 30%, while the bottom 99% saw their earnings rise 0.4%. During the so-called recovery, the top one percent captured 95% of the total growth in the U.S.



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