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?? Obama's 3 Legged Stool ??

Discussion in 'Off Topic Threads' started by glenn mcleod, Mar 6, 2009.

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  1. glenn mcleod

    glenn mcleod Member

    Joined:
    Jan 29, 1998
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    ?? Obama

    Obama's always talking about a 3 legged stool, I believe the actual 3 legged stool works like this: as we planned for retirement we hopefully relied on 3 things to retire 1.a Pension (Company or SEP), 2. Social Security, 3. Cash (money in the bank, gold, valuables,etc). Obama's plan works like this, the pensions are almost gone as the company's fold or stop the pensions, the stock market has crashed so the SEP Pension is also gone (1 leg gone), Soc.Security is in major danger of being underfunded and the benefits will have to be reduced or stopped altogether (2nd leg gone), we live off our cash until it's gone or the major banks like CitiBank fold and because they are only required to have approx. 10% of the depositors actual money on hand they can't give us our money and FDIC goes broke quickly and all the cash is gone. The plan now works like this- Obama has now leveled the playing field and everyone is now poor which allows all people to now start over and those on the bottom now have a second chance to gain wealth and we will all be equal again. The best part for Obama is that he will now be the Ruler and he will tell us all what we are going to do to meet his "redistribution of wealth" plan. Sounds like a wild novel but it just seems to be coming true and we all may soon be saying "what happened". Glenn
     
  2. birdogs

    birdogs TS Member

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    Jan 29, 1998
    Messages:
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    He is trying to sell us a three-legger race horse!
     
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