Obama’s Not-So-Secret – Secret Town Hall Meeting.

July 16, 2009

Have you heard that Obama’s administration is coming to Louisiana to hear your views on health care? No? Well they are, they just don’t want you to know about it, unless of course, you’re going to say how wonderful their plan is.
[ad#Google Adsense]
According to the White House press release, secretaries Kathleen Sebelius, Eric Shinseki, Hilda Solis and Tom Vilsack will be in Reserve, La to hear your views on health care as part of their strengthening of rural communities. This will be held Monday, July 20th, 2009 from 11:30 a.m. to 1:00 p.m. at the Army National Guard Readiness Center 4120 West Airline Reserve, Louisiana. According to sources of Louisiana Conservative, the event is going to be publicized afterwards and the intentions is to make it seem as though Louisianians as well as rural Americans overwhelmingly support Obama’s health care plan by ensuring that opposing views are not present, therefor go unreported.

However, as Obama’s administration continues it’s attempt to ram health care through without transparency and much discussion, opponents are feverishly reading through the bill and finding many reasons to be highly concerned, not least of which the devastating impact on the economy that abolishing the right of the people to purchase health insurance of their choosing from a private insurer, and abolishing Health Savings Accounts. From Investor’s Business Daily:

“When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.

“It turns out we were right: The provision would indeed outlaw individual private coverage.”

Now technically it is correct, you will be able to keep your existing coverage, you just won’t be able to change it, upgrade it, down grade it, switch companies, etc. You will be grandfathered with existing coverage, but from day one, your only option if you are unsatisfied with your health insurance is to go to the public option. Talk about a swooping big government totalitarian grab bag, they’re going for everything here.

And don’t think it’s by accident that this administration, and the Democrats included are trying to bring this economically devastating “reform” onto the American public. After all, this is the same party that has invested so much into being the party of the poor, obviously they benefit politically the more poor people that exist. Wouldn’t it be wonderful for the Democrats if 52% of the population were poor? And wouldn’t it even better if 95% of the population were poor? They’d never lose an election again since, after all, so many people would be dependent on their re-election. Or at least that’s they way it appears to be.

Do you really believe they haven’t thought of the economic devastation that would fall on America should this plan go through? The accountants, the agents, the underwriters… their jobs would vanish almost overnight. Secretaries and administrators would soon follow suit. The restaurants that feed these people who are constantly on the road would immediately feel the impact, as will the convenience stores that sell coffee and gas. Let’s not forget that offices would shut down as there would be no new business to be processed, leaving countless buildings unoccupied adding to the already existing excess of real estate being unmoved.

Each day that passes, it becomes more and more self-evident that we have a problem in America, that problem is called Barack Obama.

DRAWING EMPLOYEES: MOTOROLA ADDS PEP TO ITS DEFINED BENEFIT PLAN; 401(K) WILL BE SPRUCED UP AT THE SAME TIME.

Pensions & Investments July 12, 1999 | Jacobius, Arleen SCHAUMBURG, Ill. — Motorola Inc. is adding a pension equity plan formula to its $3 billion defined benefit plan and reshaping its $6 billion 401(k) plan.

Like red-hot cash balance plans, the pension equity plan is a hybrid, designed to combine the best features of defined benefit and defined contribution plans.

The moves to develop a cutting-edge pension program are in response to employee demand and company executives’ desire to attract best-of-class workers in a highly competitive industry.

Motorola is augmenting its traditional defined benefit plan with the pension equity plan to give its 70,000 active U.S. employees a more portable alternative with faster accruals and a formula that is more easily understood, said Sheila Forsberg, director of global retirement benefits strategy. here defined benefit plan

Asset allocation and money managers will remain the same.

Employees hired before July 1, 1999, may choose between the new plan and the traditional defined benefit plan, Ms. Forsberg said. All new hires will be in the PEP, which is scheduled to start July 1, 2000.

Although the PEP is a defined benefit plan, with the employer taking the risk of providing a benefit, “it is much simpler to understand,” Ms. Forsberg said.

“People can take a lump sum when they leave and they don’t have to retire from Motorola” to get the money,” she explained.

Also, beginning July 1, 2000, employees who leave Motorola before retirement will be able to roll over their pension equity plan money into their 401(k) account, if they are a 401(k) plan participant.

The $6 billion 401(k) plan, meanwhile, is gaining five new investment options and automatic enrollment (meaning all employees are enrolled without taking any action; they must specify if they don’t want to participate).

Motorola executives also are enhancing the company match and moving to daily valuation.

These changes will be phased in gradually between October and the third quarter of 2000, said Ms. Forsberg.

Right now, 12 investment managers oversee the assets in both the 401(k) and defined benefit plans, she said. Motorola executives plan to use the current lineup to run the new options as well.

Equity managers are: Jennison Associates LLC; Lincoln Capital Management; Ark Asset Management Co. Inc.; The Boston Company Asset Management Inc.; Independence Investment Associates; and Northern Trust Corp.

Fixed-income managers are: Harris Investment Management; Scudder Kemper Investments Inc.; Stein Roe & Farnham Inc.; and Weiss Peck & Greer LLC. International managers are Brinson Partners Inc., and Morgan Grenfell Capital Management Inc. Northern Trust is trustee for both plans. here defined benefit plan

Options to be added are long-term bonds, a second balanced fund, international, midsized equity and small. She doesn’t yet know which managers will oversee which options.

The company match to the 401(k) plan will be enhanced, she said. The old match was based on Motorola’s having profitability of 4% or greater each year, Ms. Forsberg explained. The match was dollar for dollar on the first 1% of pay and 50 cents on the next 2% of pay.

The new company contribution will be a fixed match regardless of company profitability. It will be dollar for dollar on the first 3% of pay plus 50 cents on the next 3% of pay, with a maximum of 4.5%, she said. The match will continue to be in cash.

Along with the investment changes, Motorola executives are creating their own retirement planning software, so Motorola workers can test drive their defined benefit plan choice in conjunction with various investment options and deferral rates in their 401(k). Workers also will be offered financial planning workshops during work hours and individual financial planning assistance.

The new retirement planning software, as well as a comprehensive pension education program that Motorola is creating with the help of Arthur Andersen LLP, Chicago, will be launched by the end of this year, Ms. Forsberg said.

The financial planning workshops will be offered during work hours. Although employees who choose to get individual financial planning will have to pay for it, the costs will be offset by a program Motorola started in 1996 that provides a total of $2,000 over an employee’s career for financial planning assistance.

Motorola employees also will be receiving personalized statements beginning this fall that will include benefit projections for both the defined benefit and 401(k) plans, she said.

Jacobius, Arleen


3 comments
noblethewhite
noblethewhite

I would also like to point out that Mrs. Sebelieus's participation is in violation to the law according to the Logan Act. http://en.wikipedia.org/wiki/Logan_Act The Logan Act is a United States federal law that forbids unauthorized citizens from negotiating with foreign governments. It was passed in 1799 and last amended in 1994. Violation of the Logan Act is a felony, punishable under federal law with imprisonment of up to three years. The text of the Act is broad and is addressed at any attempt of a US citizen to conduct foreign relations without authority. However, there is no record of any convictions or even prosecutions under the Logan Act.[1][2]

noblethewhite
noblethewhite

I would like to comment on this statement made in the article "Obama's Healthcare Forum/ A Statewide Tea Party Movement?" Here is the statement I would like to comment on from it. "Now don’t get me wrong Mr. Pierce, just because I support their right to believe in 9-11 truth, chemtrails, Bilderbergers" If you did not hear at the forum Kathleen Sebelieus was asked about Bilderberg, admitted that there was a Bilderberg Meeting and that I quote, "She did attend." So where is this I support his right to believe in Bilderberg come in exactly? That's like me saying I support your right to believe that John Wayne was a real man. Point being that there's no need for me to say that cus it is a known fact that John Wayne was a real man. Just as Monday now w/ the confirmation of Mrs. Sebelieus a member of the presidential administration it is well past confirmed. It's ludicrous to make such statements as "I support your right to believe in Bilderberg." Here's the link to the video of her admitting it. http://www.youtube.com/watch?v=orS08XCH978 This is the conversation transcribed if you have trouble making it out: Rishi Vyas: This question is for mrs Sebelieus. Uh the Kansas Daily confirmed that you were at the Bilderberg in 2007 and that you were on the list in 2008. uh yes or no question was that true? and if so what did yall talk about there? Kathleen Sebelius: Um....Yes and Bilderbeg is a convening of European and American leaders from uh the economy and from political life and from uh the diplomatic(sumthing I couldn't tell) who share conversation about everything from education initiative, climate change, uh mutual work together. Its gone on for 50 years and I was invited along w/ the govenor of aus, uh the govenor Rick Perry from texas and to comment on your question I did attend. May I also make clear that it was not Campaign for Liberty's national office that put us up to this. We just happened to be C4L members that decided to ask this question out of our own curiosity of the response we would get from Mrs. Sebelieus. That is what we got.

Trackbacks

  1. […] morning. So far, they have not responded. Has anyone else seen this information anywhere else? Obama’s Not-So-Secret – Secret Town Hall Meeting. | __________________ "The Second Amendment is my concealed carry permit." -Ted […]

  2. | says:

    […] Recent Comments Obama’s Not-So-Secret – Secret Town Hall Meeting. (2) […]

  3. […] Obama’s cabinet has quietly begun touring flyover country in order to build support for various policies.  The small-town tour’s most […]

  4. […] Obama’s cabinet has quietly begun touring flyover country in order to build support for various policies. The small-town tour’s most […]

Please help Louisiana Conservative Dot Com. Please donate $5, $10, or whatever you can afford to help our cause today!

Like Box