Posted on 01/06/2021 6:01:32 AM PST by DIRTYSECRET
Not for long. The debt is $30 trillion and there's $33 trillion in our plans. If we couldn't win Georgia Trump's stolen argument is without air. The rats will have 2 years to do their thing. I'm too old to go out and protest or send money to the Kelly Loffers out there and the younger generation is all woke. They will proudly take us out.
If you confiscated 100% of 401ks, the national debt would go from 33T to 30T probably.....and lots of traitors would be hanging from lampposts.
They want your 401K’s, Roths and IRA’s and Keoghs......................
I cashed out all my 401k’s. My “inflation hedge” and retirement plan is to have no debt - including no mortgage - and be able to live on practically nothing. Currently, I can live on SS alone and still save four digits every month. I really love Kentucky. So far...
Argentina confiscated everyone’s retirement funds from whatever source, spent it til it was gone, but no one was hanged.................
Exactly what we expect. I see no way to shelter what we saved all our lives.
Someone way smarter than me pointed out that they won’t touch the 401k money directly. They’ll print money so fast it will melt the presses. Inflation will be the tool they use to steal our 401k money. And nothing will stop them.
If they confiscated 100% of 401ks, they would give it away to bums, derelicts, and degenerates here and abroad.
Lurking in the back of our minds is what we know will be the only solution.
Not a pleasant one, but a necessary one.
If we do not rise to the occasion, we deserve what we get/
When they come for me, i got a Colt SAA and a winchester lever gun in each hand.
Public unions need their pensions....
Just sayin’
That is the least of our problems. We need to remedy.
So . . . nothing will change.
600 more votes for Kelly Ayotte the last time around would have made the difference today but then who cared enough? That’s why I’ll stand up for Susan Collins but not Murkowski. It will get worse before it gets better and it didn’t have to come to this. The democrats hate each other and we’ll have to play on it.
They aren’t going to pay down the debt when they take them. They are going to take them under the guise of “white supremacy” and give them to someone more deserving and with more melanin.
I wish I could find the Article, but under Junior Bush a Law was passed giving the Treasury dept the Authority to SEIZE Retirement Assets in an Emergency
“So . . . nothing will change.”
What’s the inflation rate now?
What do you think it will be in three years?
Bleeding to death by a thousand cuts (freedoms, money, etc.) is about to be bleeding to death by bludgeoning.
“Minority” bums, degenerates...
I don't know. How would a negative GDP affect it?
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