Monday, March 02, 2009

Kagen, Obama, Reed and Pelosi To Tax Savings Acounts ?

From International Herald Tribune.

Something Rush mentioned. Interesting about people saving money.
"Consumers in U.S. increase savings while spending less

The latest economic data released Monday painted a picture of American consumers and businesses embarking on an era of thrift as the recession deepens, spending less on consumer goods, housing and big-ticket developments like office buildings and hotels.

Americans cut their spending for a sixth month in December and, perhaps more significant, put more into their savings accounts, the government reported Monday, as they worried about losing their jobs and earning less in a deteriorating economy." Consumers in U.S. increase savings while spending less - International Herald Tribune


Will the arm of government ( Obama, Reed, Pelosi and Kagen) over reach.

With all the money people are savings, how long before liberals decide to tax you on the amount of money you have in your savings account? If they take over the banks they will own your savings account. If they own your mortgage, they will own your savings! Heck, why tax you, they might just take it from you.

Nothing will be safe until we get the left out of office!

Can you really say this could never happen?

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