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Obama to limit IRAs to 'reasonable levels' for pensions

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Dear Comrades,

Comrade Party Chairman and President Barack Barackovich Obama has announced that the Socialist Democratic Party of the USSA has begun to set specific limits on personal wealth accumulation that go over ‘reasonable levels' as determined by the Party.

Comrade Obama's plan will collectivize, through taxation, excessive Individual Retirement Accounts, which greedy Capitalists use to hoard the People's Wealth for their own leisure rather than for the care and support of the millions of workers and peasants of the USSA who have been denied their civil rights, particularly their fair share of the means of production which rightly belong to the Masses.

While the Party acknowledges that allowing the Bourgeoisie to finance P$205,000 per year of retirement may seem excessive, this is only the initial stage of collectivization and this amount will soon be lowered further until all citizens have the exact same retirement plan under Socialist Security rather than these ‘individual' and unfair accounts. Under future 5-Year Plans, collectivization will continue incrementally until all excessive wealth is returned to the People.

The Party is sending out a stern warning to Capitalists: downsize your expectations of opulent lifestyles once you are too tired to fleece the Masses and seek rest from your victimization of the Proletariat! Our Glorious Leader, President Obama, will teach you the benefits of moderation and equality!

Agitate for equal pensions for all citizens! Collectivize IRA accounts to achieve reasonable levels of wealth redistribution!

Faithfully submitted to the Collective of the People's Cube,
Comrade Nomenklatura-climber
Dialectical Progressivism Translator

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Thank you for the heads-up Comrade climber, but I've self-redistributed my IRA to a secret location and have subsequently forgotten where. This location was known only to myself, and as time passed and beet vodka flowed freely, I seem to have lost my memory. I hope a late night visit by authorities won't be necessary.

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***** HIGH LEVEL INNER PARTY COMMUNIQUE *****

The Peoples Scientists at NASA in cooperation with the IRS Image report that prototypes of the new "Bourgeois Extraction Units" (BEU)™ that will be necessary to fulfill Dear Leaders glorious 5 year redistribution plan have exceeded all Party expectations!

In fact we are overjoyed to report that it seems these state of the art Angels Agents of the People also have a profound positive effect on raising estate tax revenue as well after a short incubation period within their targeted kulak hosts.

Mass production will start as soon as the union contract is approved and the EPA impact studies are completed. They will be ready when Dear Leader calls.
Yours in eternal Hope & Change.
Hail Obama.
End communique.


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Makes sense to me. After all... they didn't earn that. Doesn't all wealth come from the gubment in the first place? It's only right that everyone get a fair share™ of the misery wealth regardless what they made.

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Let's face it - nobody NEEDS a high capacity retirement! And who would be better suited for deciding where to draw the line(s) between high capacity, reasonable capacity, and none/spreaditaround than the government and our Dear Leader!

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Yes, we planned for our retirement but we did it responsibly. Money is limited and if we hoard then others suffer. Please support the Maximum Savings Initiative.


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Are the boundary lines blurring? In Dear Leaders (PBUH) last four year fundraising for re-coronation, did he not show Rethugglikans pushing their own grandmothers off of cliffs on television? If we as loyal party members show graphicals of elderpersons in wheelbarrows, are we approaching someplace we don't want to support?

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A loyal comrade is always ready to take one in the shorts for the Party. (or The Children™, whichever is korrect at the moment) Something tells me this will become a trend.

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Tovarichi wrote:Are the boundary lines blurring? In Dear Leaders (PBUH) last four year fundraising for re-coronation, did he not show Rethugglikans pushing their own grandmothers off of cliffs on television? If we as loyal party members show graphicals of elderpersons in wheelbarrows, are we approaching someplace we don't want to support?
It's so hard to say, Tovarich Tovarichi; as you say, the lines are becoming quite blurred between this reality and that reality... fortunately, we as progs have always known that reality is whatever we decide it is at any given moment, so that's not really a problem.

One thing's for sure, though - this isn't your Grandfather's progressive utopia!

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Comrade Obama's Wisdom states that, "If You Have 'Savings', Then You Have Too Much Wealth! you repugnant Revanchist Enemy Of The People."

And BTW: Better that you should surrender all your "wealth" to The Glorious Heroic Peoples' Revenue Service. This Act Of Submission must should be completed at least two (2) weeks before your Show Trial begins in The Glorious Heroic Peoples' Revolutionary Patriots' Court. Otherwise, if I were you, I would buy a coat - a really, really, BIG, good coat - and a shovel. Just sayin'.

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Back at the beginning of the Progressive era the Progs decided that the railroads were charging too much money. So without any comprehension of the damage they would do to the industry they dictated through legislation what the railroads could charge. Politically, it was a popular thing to do.

The railroad men warned the government that by forcing them to charge fares that would only just keep the railroads running, they wouldn't have money to properly maintain the industry or to invest in new technologies. The railroad men were not listened to. In WW I when the government really needed the railroads they were surprised to find that the railroads were in a terrible state of repair. Later on when FDR's union legislation got passed, that was just the icing on the cake.

Today, the Progs are doing to America what they did to the railroad industry. They're sucking all the wealth out of America. And then when it's all sucked dry the unions will be the poisoned frosting on the cake.

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I am so afraid for those who have done the right thing to take care of their future. They earned it!

My sweetheart, after serving so many years in Japan as an ESL tenured prof., making a 6-figure income, now finds his degree worthless here in the USA!

There are very good reasons why he no longer wanted to stay there.

His ESL degree in absolutely worthless here. Much to his surprise.

So, he is now pursuing a degree in Engineering. Mucho dinero spent, not much to expect regarding salary.

He is getting an "A" average. It still might not get him the job he deserves. He is taking a great risk. To me, this is an American tragedy.

This person I speak of is a stunning human being, much like my friends on the Cube.


 
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