These idiots on MSNBC are idiots.. The reason that Obama is saying a tax free

[glowing]

penalty on Ira's and 401K's is so that people can use some money to stay afloat.. with bills, with college, with car loans, with c.c... Obama didn't say, go drain the damn thing.. that's why he said up to $10,000.00.

Oh, and why are we getting 2 McCain speaches today? This is torture.

[lisa58]

1. I heard that too...

...what about the "it's your money" meme you always get from the gop about taxes - this really is your money and they want you to keep it in an tenuous stock market?

[cal04]

2. I just sent an email to MSNBC they didn't even have the Obama

clip but two MCCain speeches

:grr:

[lisa58]

3. they didn't carry the speech? I watched on cspan and then figured I'd check out the reaction.

[Diamonique]

5. MSNBC carried the speech. That's where I watched it. n/t

[Ichingcarpenter]

6. Not true.... I had all three channels on- CNN cut the feed first

MSNBC played it to the last as with Faux.

[cal04]

7. not the speech a clip from it

sorry to get everybody crazy

:hide:

[Diamonique]

4. Yeah.. they pissed me off too.

They don't seem to realize that there are people out here who literally live from paycheck to paycheck (if they're lucky enough to get a paycheck) and need to take out some of that money just to get by.

Obama gets it.

[Meshuga]

8. It's 15% up to $10,000

You have to have $66666.66 in your 401k/IRA portfolio to get the max. This is not that much money at all but it helps a lot for those who are having trouble trying to make ends meet.

What a bunch of buffons at MSNBC!

[endarkenment]

9. So actually everyone should move the max out now.

Move it from inside to outside and put it in tax free t-bills or something equivalent. Why not?