Replies

To: whitedog57

I hope Congress and the Administrations doesn’t pull a “Cyprus” and start wealth confiscation in the form of bank deposits, 401K plans and similar.

They will seize 401Ks - they need the financial panic and the right crisis to do so. They will give everyone "bonds" for their 401Ks.

This will happen.

2 posted on 03/30/2013 5:24:06 PM PDT by SkyPilot

To: SkyPilot

Yup....there’s no way they are going to let trillions of dollars go untaxed in 401ks in the next 30 years. Not. going. To. Happen.

3 posted on 03/30/2013 5:31:52 PM PDT by LongWayHome

To: SkyPilot

“They will seize 401Ks - they need the financial panic and the right crisis to do so. They will give everyone “bonds” for their 401Ks. “

Are they okay with letting the stock market tank?

Because that would happen overnight.

6 posted on 03/30/2013 5:51:39 PM PDT by webstersII

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