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To: MeneMeneTekelUpharsin

I agree with you 100%. The problem is you’re wasting you’re time on those people. They’re not American’s anymore, they no longer believe in even the basic tenents of Constitutional governance. They’re going to keep pushing, they will not stop until they’re forced to stop, and now they’re going to have the full power of the federal government doing everything to favor them. There is no longer any doubt a terrible and very bloody civil war is going to erupt in the relatively near future. I think when the dems make a law confiscating white people’s 401K’s and or other retirement vehicles in order to pay reperations, that will be the straw that breaks the camels back and it will be on like Donkey Kong.


89 posted on 01/07/2021 4:00:12 PM PST by fatman6502002 ((The Team The Team The Team - Bo Schembechler circa 1969))
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To: fatman6502002
They’re going to keep pushing, they will not stop until they’re forced to stop, and now they’re going to have the full power of the federal government doing everything to favor them.

I think they will quickly learn that there are limits to what they can do.

Once they start having a real effect on the economy, they will be forced to stop when the people who voted for them weigh revenge on Trump voters with less take-home pay and higher food and gasoline costs.

I think when the dems make a law confiscating white people’s 401K’s and or other retirement vehicles in order to pay reperations, that will be the straw that breaks the camels back and it will be on like Donkey Kong.

I think they will also find that that becomes the new "third rail" in politics, replacing talk of revising social security.

The problems are multiple:

  1. Even Democrat supporters have 401(k) and IRA accounts, and depend on them for retirement.
  2. Those 401(k) and IRA accounts are invested in the stock and bond markets. They fund the capital requirements for the businesses that build the infrastructure projects authorized by Congress; they fund the bonds that cities and states offer to build roads and schools; they fund corporations that make the automobiles, clothing, appliances, and food that consumers demand.

Confiscating 401(k) and IRA accounts would be de facto nationalizing of Wall Street; it would be a federal take-over (if not outright waiver) of municipal debt. It would be nearly impossible to unwind the holdings in these retirement accounts from the entities the funds are invested in.

Confiscating these funds would singularly collapse the free market.

-PJ

102 posted on 01/07/2021 4:16:10 PM PST by Political Junkie Too (Freedom of the press is the People's right to publish, not CNN's right to the 1st question.)
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