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To: abb

So, the question now is,does one cash out the 401K, take the enormous tax penalty, then pay off the mortgage, hold the cash, buy gold etc? Or let the 401k sit in a falling market, with the hope that the Marxists don’t steal it, and hope the market will rebound over the next 20 years?


84 posted on 11/07/2008 7:53:56 AM PST by Betty Jane
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To: Betty Jane

If the Marxists can steal your 401K’s they can steal your physical possessions, too. Land or gold wouldn’t be safe unless you defend them at the point of a gun.

See Zimbabwe/Rhodesia for how that worked out.


85 posted on 11/07/2008 8:00:36 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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