We're cashing out of a life insurance policy and paying off the mortgage and the car. Any money left over is going into food, ammo, other essentials.
It is going to be a rough trip.
Skeery stuff.
Debt free and out of the corrupt market is the only place to be.
Does anyone else get the feeling that this wasn't just the greed of Corzine and his buds at MF Global but was orchestrated to accomplish exactly the result in the above statement? That someone ordered them to do this in order to strip people of their property?
(donning my tinfoil now)
What do you expect when a gold and silver holding company goes bankrupt?
Thank you for posting this. There is article in Barron’s this week written sympathetic to stockholders of CME like MFGlobal customers have no more claim to their property than stockholders. The fix is in. This is big. This is ominous. This needs to be exposed quickly. Holder will not let FBI pursue the truth. GENERAL FINANCIAL MARKET STRIKE would be appropriate.
And yet—who is in jail for this? Nobody.
“Do you understand what is happening now? This is outright confiscation of personal property. After having their money stolen out of their accounts and being locked out of their accounts, unable to trade or even liquidate WHILE THE MARKETS CONTINUED TO TRADE, these people are now having their PERSONAL PHYSICAL PROPERTY stolen and redistributed to the MF Global estate, in order to feed Corzine’s gambling debts – MADE ILLEGALLY WITH FUNDS STOLEN OUT OF THE CUSTOMER ACCOUNTS – to repay counterparties with J.P. Morgan at the fore.”
Think your 401k is safe?
Today’s money is only 1’s and 0’s in cyberspace.
It ain’t your property unless it is in your pocket!
Barnhardt’s recent publicity campaign is starting to affect her ego and her reasoning skills.
Don’t pay off debts!!!
Wait until money is worthless, then pay them off...
When it takes $1000 to buy a loaf of bread, you can pay off your mortgage for about the same...
Hyperinflation wipes out debt, so have as much debt as you can manage going where Obama is taking us.
Obama set the precedent by stealing GM & Chrysler from the bondholders and handing them over to the unions...
Okay, it was amusing and cool when she ranted about muslim Satanists (which I agree with) but this is just looney bin material.
Jumped the shark.
smart move to cash out...
I did that over a year ago
I was aware of this but have wondered why we don’t see anyone on TV scared witless for their future and crying out loud.
I keep thinking it’s a matter of time.
Ping. More background on why Ann is so pissed, and acting as she is.