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Comment by Ross Wolf
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Let U.S. Government steal your Retirement, Government Will Take Everything Else From You.

While government plans to confiscate Citizens’ retirement plans to pay for relentless government spending, Congress approved $26 Billion more to pay State and Local Employees—“to save their jobs” not yours!

Some in Congress appear intended to confiscate Americans’ retirement to pay for the comfort and high pensions of government employees. In contrast millions of Americans face the prospect of unemployment, homelessness and soup-lines. 53% of Federal, State and Local Employees are unionized. Many paid twice that of Americans working similar positions in the private sector. In part due to union influence, the federal government is moving the direction that collapsed the USSR—huge unaffordable bureaucracies; imploding numbers of government employees. Despite the horrific recession Federal and State employees continue to receive unsustainable salaries, benefits; and large pensions that will bleed taxpayers for decades. Some Unions appear intended to dump on U.S. Taxpayers their obligation to pay its members inflated promised benefits. Meanwhile unions think nothing of spending millions on political campaigns. Perhaps taxpayers should demand independent audits of certain unions. Both unionized and not-union Government employee salaries and benefits need to be sharply trimmed, brought in line with private sector workers. Federal and State Legislation should be introducing legislation to cut back or terminate unaffordable pension and salary packages that hold hostage taxpayers, especially with deficit spending out of control.

It is clear Obama will have to strip U.S. Citizens of their assets and their children’s inheritance, confiscate Americans’ retirement plans, tax anything and anybody to pay interests on government borrowing; pay for government’s failed welfare programs. Obama like most socialists has no understanding of economics. The Obama government’s only solution to the economic/unemployment crisis is spend more; borrow more; tax more and print money. Obama has made Americans afraid to invest, reluctant to spend money on goods and services, every month causing more Americans to lose jobs. Obama taxes will increasingly confiscate Citizens’ discretionary income before it can be spent on goods and services, causing greater and greater unemployment—but not government jobs—further shrinking the real economy. A turn around in the economy can’t happen with Obama in the White House and leftists polluting local, state and federal government. The Obama government like foreign socialists governments is unfriendly to business, does not care their polices are drowning businesses with taxes, regulations and controls that will inhibit economic growth and employment for years.

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