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  • asombra: The New York Times is practically wetting itself over Castro, Inc.’s Ebola PR stunt. Same perverse shit, different day.

  • asombra: Myers looks like a snotty prick who tried to be too clever by half and was merely USED. Foolish tool.

  • asombra: Birnbaum looks like Andy Rooney possessed by the devil. Weiland looked seriously creepy, like some kind of pervert. And I love...

  • asombra: Only someone as vulgar and fraudulent as Fidel would wear such “boots” with a military costume. But maybe I misjudge...

  • asombra: We have a crisis of leadership because a blatantly bad choice was made by those who put Obama in office. TWICE. Lord have mercy.

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realclearworld

It can never happen here… (a continuing series)

Obama budget to take aim at "wealthy" IRAs:

President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts.

The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code.

The senior administration official said that wealthy taxpayers can currently “accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving.”

Under the plan, a taxpayer’s tax-preferred retirement account, like an IRA, could not finance more than $205,000 per year of retirement – or right around $3 million this year. [...]

They will not rest until everything that is ours is theirs.

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