Citizens need to be
able to exercise their personal sovereignty and be able to move around with
greater ease and few encumbrances.
Those financial
structures that discourage free movement should be removed and replaced with
more portable systems. When defined
benefit pension plans were imposed in response to pleas from employees to have
employers subsidize their retirement plans, mobility was low. Tax laws encouraged tribal compensation
schemes and we had no portable plans until the 401K was introduced in the
1980s. The US has been very slow to react and proposed health savings account
system is still tied to tax law on the same basis as the 401K. Account holders
do own these accounts, but the money they set aside is “tax deferred”. Defined
Benefit Pension Plans are exploding because they are all Ponzi schemes and
Social Security is functioning but it is another unsustainable Ponzi scheme.
The US needs to get
government out of everything better handled by the People and return it to the
free market where supply and demand can control the prices. The question is
when and how to move out of these Communist systems and allow individuals to
own their own plans and be able to take them anywhere. Socialist benefit
systems are unsustainable and need to be individually controlled.
Citizens need to be
able to move to other countries based on what they could contribute to these
countries. That should require that they own their retirement plans. They
should be free to become citizens of those countries they prefer.
All citizens should
know that there are “civic duties” required of all citizens that includes
national loyalty, free expression, being informed enough to participate, good
judgment and obedience to laws.
National loyalty in itself
is a deterrent to war. If potential
aggressors don’t believe we are committed to defend our borders and our
economy, they will be tempted to strike. This is a current problem with
countries who don’t respect their own borders.
Norb Leahy, Dunwoody GA
Tea Party Leader
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