Just part of the written transcript from the Rush Interview with W
RUSH: Okay, final point. I remember your campaign for president, 2000. You mentioned some specific things that you would do if you were elected. One of them was tax cuts, and there were a couple other things. You talked about Social Security reform -- and after you were elected and inaugurated, you set out to proceed to do those things, and I remember reading that the Democrats were surprised that you were actually doing what you said you were gonna do. Now, my last question: are you going to trick them again and actually do in your second term what you're going to campaign on doing? And what is that? What is your agenda the second term?
THE PRESIDENT: Well, I'm going to save some of it for the speech if you don't mind.
RUSH: All right.
THE PRESIDENT: I mean, you're a good friend and I would hate to let you down, but --
RUSH: I understand. I understand totally. But I had to ask. I'm curious.
THE PRESIDENT: Having said that -- no, no, I understand completely. Look, what we're going to do is we're going to have government -- look, the world has changed. No longer does just one person, generally a dad, work for the same company and receive a pension plan or health care from the same company. People change jobs. Women are in the workforce and therefore the role of government ought to be to enable people to be able to live in a changing world. Now, that means promoting policies that say you can own your own health care account like health savings accounts, promoting policies that says younger workers should be able to take some of their own money and set up a personal savings account as a part of Social Security, so they can call it their own. They can take it from job to job and they could pass it on to another generation, and so those are the kinds of things I'm going to address. It's how government doesn't give order to people, but how government can enable people to realize dreams in a changing world.
RUSH: Mr. President, thanks so much for your time. It's always an honor and a thrill to speak to you --
THE PRESIDENT: How you feeling? Most importantly.
How True of the world changing and this healthcare and Pension plan the President has in mind is reaching for me... It would be fantastic to be able to take what I've earned on to something different...
I personally am feeling this squeeze play right now... I've been invested in a thrift savings plan since my hiring on... now that I've been forced out medically from the service.. I have lost my civilian position also.. Thus the TSP savings I've earned has to be withdrawn and at a penalty of 20% so lets say (i'm not going to give my actual figure here) 20% of $34,000 I lose this right off the top.. I can open it up to an IRA and roll it over... but I'm reading that this IRA had to have been established prior to my departure from Federal Service??
Ok lets take the other Millions of US citizens and look at these company's closing and or lay off's prior to their reaching that ripe old age of retirement.. given this incentive they have an option of taking their funds with them... I think this is a great idea...
Now what does John the BaB Tist have to offer on this issue??
Hog
