Just got back from a great weekend with Mrs.V and the baby Docs. We went to Wintergreen Resort in the Blue Ridge. Went snow tubing, made s'mores, went to Monticello, UVA, and Crabtree Falls. The kids want to move to the mountains. The wifely woman was less than thrilled with the windy roads and switchbacks. Next week it's back to work on the ship. Back to the same old grind (dental pun).
I read recently that the Speaker of the House is seeking a windfall profit tax on retirement accounts. Madam Speaker(or maybe Comrade Chairman) Nancy Pelosi wants to put a Windfall Tax on all stockmarket profits (including Retirement fund, 401K and Mutual Funds! Alas ,it is true - all to help the 12 Million Illegal Immigrants and other unemployed Minorities!
This woman is frightening. She quotes..." We need to work toward the goal of equalizing income,(didn't Marx say something like this?), in our country and at the same time limiting the amount the rich can invest." (I am not rich, are you?)
When asked how these new tax dollars would be spent, she replied: "We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go along way to guarantee these people the standard of living they would like to have as 'Americans".
Read that quote again and again and let it sink in. 'Lower your retirement, give it to others who have not worked as you have for it'.
I would really be outraged if my retirement fund hadn't of tanked along with the kid's education funds. Sure, I'll have a 20 year retirment from the military, but so much for having the funding to start a private practice. Arrrrgh!