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The Only Thing We Have Left is Our 401k's

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.


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To: eyeamok

Great. I always suspected this.


41 posted on 01/06/2021 6:21:38 AM PST by sauropod ("No amount of evidence will ever persuade an idiot." - Mark Twain)
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To: DIRTYSECRET

“If we couldn’t win Georgia Trump’s stolen argument is without air.”

I disagree. I think it reinforces it. Do you really believe either of these rats won fairly? The rats got away with blatantly stealing the Presidency in multiple states and the “republican” legislatures in all of those states did nothing about the steal. Georgia made zero changes to their voting rules even after the November election exposed serious issues. What made anybody believe the rats wouldn’t steal these elections also?


42 posted on 01/06/2021 6:22:54 AM PST by jospehm20
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To: alternatives?

No one here is thankful that Susan Collins won. No one here cared Kelly Ayotte lost. Stupidity in Ray Moore’s loss was tolerable majority-wise but just think of the money/effort wasted covering our mistakes. Georgia is demographics. It’s gone. Too late to clean the voter rolls-rats won’t let it happen. So now what? NY/ILL turning red because of their exodus? I don’t think so.


43 posted on 01/06/2021 6:22:59 AM PST by DIRTYSECRET (`)
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To: CodeToad

“... The 401(k) is an IRS law, and the communists have been demanding we forfeit them for social security. I believe the 401k is a goner by summer ...”

If the RATs don’t get your money, the financial advisers will. Corruption in the USA is rampant.


44 posted on 01/06/2021 6:24:11 AM PST by BuffaloJack (Neither safety nor security exists in nature. Everything is dangerous and has risk.)
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To: CodeToad

man.. everyone needs to calm down. They are not going to tax our savings accounts at 100%. Geeze people, calm down.


45 posted on 01/06/2021 6:24:32 AM PST by TexasFreeper2009
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To: DIRTYSECRET

2 years? You don’t understand, sir..., marxists are not voted out of office.


46 posted on 01/06/2021 6:24:54 AM PST by Levy78
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To: DIRTYSECRET

Fidelity is down right now, no doubt because everyone is trying to cash out their accounts, because they see what’s coming.


47 posted on 01/06/2021 6:24:54 AM PST by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
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To: TexasFreeper2009

“man.. everyone needs to calm down. They are not going to tax our savings accounts at 100%. Geeze people, calm down.”

You must be real young not to know the dems telegraph their every move.

We heard from young guns like you in 1994 when Rush Limbaugh said they are coming for your cigarettes in bars. You young guns proclaimed that was the most ridiculous and absurd right-wing hatred of the left. Yet, the left then passed laws and there is no smoking in bars.

We heard from young guns like you in 1994 when Rush Limbaugh said they are coming for children and will push homosexuality to kindergartners and other school children. You young guns proclaimed that was the most ridiculous and absurd right-wing hatred of the left. Yet, they did, first with “Heather has two mommies”, and then drag queen hours.

Well, Sunshine, we heard the left say the 401k accounts need to be confiscated, and now we hear you young guns proclaim that is the most ridiculous and absurd right-wing hatred of the left.


48 posted on 01/06/2021 6:29:06 AM PST by CodeToad (Arm Up! They Have!)
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To: exnavy

That’s at the point where it is too late. Any defensive position can be over-run by a CO who has been ordered to ignore casualties. Plus, the enemy gets to pick the kick-off time as well as the location.

Do unto others before they do unto you. Especially with taxpayer funded thugs doing the politician’s heavy-lifting. And don’t forget their media propagandists. They are the commies greatest force-multiplier and their softest part.


49 posted on 01/06/2021 6:29:21 AM PST by curious7
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To: DIRTYSECRET

There was talk a few years ago about forcibly converting some or all of everyone’s retirement funds into long-term government bond funds. Then the Feds could immediately spend the money used to purchase those bonds.

And it wouldn’t be outright theft. It would just be a dollar-for-dollar exchange. (Yeah, right.)

I don’t see this actually happening any time soon. But I do expect the idea to be brought up again.


50 posted on 01/06/2021 6:29:39 AM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: CodeToad

Having a 401 these days, especially a Roth, is like having owned land in the South after the war between the states. Gone. Or when the Russians invaded east germany and poland during WWII: you got ten seconds to leave this farm and 9 of them are gone.


51 posted on 01/06/2021 6:30:18 AM PST by Mouton (The enemy of the people is the media.)
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To: DIRTYSECRET

Agreed that it was stupid for morons to drop the vote in the runoff elections. I’m too far to the right to protest. Protesting is for hippies on drugs. There are more effective things to do.


52 posted on 01/06/2021 6:33:33 AM PST by familyop
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To: Jeff Chandler

They could have more gender equity programs for Pakistan, if they would only confiscate our IRAs.


53 posted on 01/06/2021 6:34:25 AM PST by The_Media_never_lie (I do not regret my decision to cut all ties with Fox News. )
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To: Jeff Chandler

“If they confiscated 100% of 401ks, they would give it away to bums, derelicts, and degenerates here and abroad.”

Not quite.

They’d SAY they’re giving it to bums, derelicts and degenerates here and abroad.

In reality, they’d divvy it up amongst themselves.


54 posted on 01/06/2021 6:35:07 AM PST by Personal Responsibility (If we disarmed democrats gun violence would decrease by 90%.)
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To: DIRTYSECRET

Biden will come for 401K’s.


55 posted on 01/06/2021 6:36:14 AM PST by tennmountainman ( Liberals Are Baby Killers)
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To: DIRTYSECRET

Liquidated my 401Ks Monday. Money is on its way to me already and will be hoarded along with guns, ammunition and non-perishables.


56 posted on 01/06/2021 6:36:22 AM PST by commish (Freedom tastes Sweetest to those who have fought to preserve it!)
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To: exnavy

That’s chicken shit compared to what they’ll have — already have, probably.


57 posted on 01/06/2021 6:37:30 AM PST by MayflowerMadam (I'd rather have Covid-19 than Biden-20.)
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To: TexasFreeper2009

That is how they will do it. They will increase the tax rate on our 401Ks.
They will increase the capital gains rate too.

This is one of the reasons why Bit Coin has doubled in the last month. People are moving their money out of the USA and out of US dollars.

This is also why I sold all of my stock based mutual funds the week prior to Christmas. I went 100% into bonds. I have been 100% stocks since 1985. Even during the pull back of the Great recession.


58 posted on 01/06/2021 6:37:49 AM PST by woodbutcher1963
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To: commish

Ok so the money is coming your way. What can you do other than stick it in a mattress?


59 posted on 01/06/2021 6:38:05 AM PST by DIRTYSECRET (`)
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To: brownsfan

If one could prognosticate future economic conditions accurately, one could be rich indeed.


60 posted on 01/06/2021 6:38:28 AM PST by HangnJudge (Amen (Awomen) brother!)
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