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TomFlocco sends: Senate Hearings to Nationalize 401(k) Assets and IRA Accounts.....

Posted By: watcher51445
Date: Friday, 22-Oct-2010 05:42:46

Senate Hearings to Nationalize 401(k) Assets and IRA Accounts.....

This email is from a good friend of mine who is a CPA. Please read this. It's scary. Period. It frightens me, and it makes me feel ill. I have friends who tell me "we have nothing to worry about" and who bury their heads. They think I should ignore these topics. How can we ignore this??? ugh
Melinda

Hello Folks:

What follows is my reply to one of my Michigan Senators, Debbie Stabenow and it includes her reply to my initial question: "Is the Senate holding hearings to confiscate our 401(k) and IRA account assets to be placed into something called a GRA where the government will determine who is entitled to what?"

Her response should frighten the hell out of all of you. I figured it was all bullshit, this thing circulating the internet that our retirement accounts were being looked at for confiscation so that the government could finance whatever. But, I did my thing, and I wrote both of my Democrat senators and I called my Republican congressional rep. Until today, I had not heard back from any of the three.

Follow these instructions... first, read this question: Is the US Senate holding hearings in regard to the confiscation of Individual IRA and 401(k) accounts? That's what i asked my three reps in congress. Second, scroll to Senator Stabenow's reply which you will find at the bottom (you can't miss it as it appears to be so official and governmental in appearance. Then third, read my immediate reply to Senator Stabenow, which is directly below in the navy blue color.

Tell me that her addressing my "concern" without any kind of answer to my direct question, particularly when she willingly tells me that she is a member of the Senate Finance Committee, isn't a reason to be afraid of these people.

You should all be writing, calling, contacting in whatever manner you desire, these criminals. The election isn't enough, and unfortunately, in Michigan, neither of my Senators are up for election. Lucky for them. Not so lucky for us.

We should be filling up their email, snail mail, and phone message boxes with questions about this matter!!!

OK, I've said my piece. Go get 'em folks!!!

Voo

My reply to Senator Stabenow's reply follows immediately, which is then followed by Senator Stabeow's response to my inquiry:

Thanks for this non-reply. Rather than actually say that my concerns are without founding, or to the contrary, that they are well founded, you send a reply that talks in circles, like politicians always do when not wanting to address the question directly. I really don’t care that you “understand (my) concerns.” I want an answer to my question.

Was the topic of nationalizing IRAs and 401(k) Assets of Individuals brought up and discussed in Senate hearings or not? Is a simple yes or no truly THAT hard to supply? Your non-answer of a reply leads me to believe that we should all be frightened of you and your Senate and congressional brethren.

Livonia, MI 48152

Phone: (248) XXX-XXXX
Fax: (248) XXX-XXXX

In accordance with the disclosure rules of Internal Revenue Service Circular 230, the content of this e-mail was not intended or written to be used--and cannot be used--for purposes of avoiding tax penalties, nor for purposes of promoting, marketing, or recommending to another party an arrangement involving any tax-related matters addressed herein.

________________________________________________________________

NOTICE: This e-mail message and all attachments transmitted with it may contain legally privileged and confidential information intended solely for the use of the addressee. If you are not the intended recipient, you are hereby notified that any reading, dissemination, distribution, copying, or other use of this message or its attachments are strictly prohibited. If you have received this message in error, please notify the sender immediately by telephone (248) xxx-xxxx or by e-mail (Reply to the sender), and delete this message and all copies and backups thereof. Thank you. CPAs, P.C.

-----Original Message-----
From: Senator Debbie Stabenow [mailto:senator@stabenow.senate.gov]
Sent: Wednesday, October 20, 2010 4:15 PM
To: jh@thosecpas.com
Subject: Re: Senate Hearings to Nationalize 401(k) Assets and IRA Accounts

October 20, 2010

J H
XXXXX S Dr
Livonia, MI 48152

Thank you . . .

. . . for contacting me about proposals to reform retirement plans. I understand your concerns.

As a member of the Senate Finance Committee, I have fought to protect retirement benefits and pension plans. In response to the economic crisis, the U.S. House of Representatives has held hearings to explore what options our system should offer to give individuals the necessary tools to plan for their retirement. If legislation regarding retirement plans come before me in the Senate, I will keep your views in mind.

Thank you again for contacting me. Please continue to keep me informed about issues of concern to you and your family.

Sincerely,
Debbie Stabenow
United States Senator

U.S. Senator Debbie Stabenow
The United States Senate • Washington, DC 20510
stabenow.senate.gov

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AN EXPLANATION OF THE FACTIONS