[MartinStyles]

I’m going to stop my 401k. I’m not sure what I’ll do though, what’s a safe investment that they can’t get?

They’ve gone after gold in the past, and could again.. Simply make the trading of it illegal. Same with guns and ammo. Sometimes it seems that just keeping cash in a safe is the safest. In multiple currencies.

[Alberta's Child]

The “success” of the War on Drugs ought to put to rest any notion that this government is capable of controlling any kind of product sales very effectively, when enough people (and it’s not a large number) decide that the rule of law doesn’t bear any relevance to their lives.

[MtnClimber]

Lets force the government retirement system do the same thing. Or do the PC redistribution of government pensions. Hell, I don’t care how much it inconveniences them. We can move thrir retirement age to 300 years old and solve any problems!!!

[Billg64]

I’ve got a friend that just bought 4k ton of pellets (for burning). Good as gold when you live in new england. A word of caution: you need to own a large warehouse if you are going to invest in pellets :-)

[uncbob]

. Sometimes it seems that just keeping cash in a safe is the safest. In multiple currencies.

Then they just change the currency and you are screwed

[Lorianne]

Property in a foreign country.

[6323cd]

I cashed mine out this morning, and I don’t think I was alone.

[briarbey b]

what’s a safe investment that they can’t get?
********
Lots of Alcohol and tobacco hid very well. THOSE will always carry a high barter value!!

[Myrddin]

My first act after hearing Obama's success was to stop my 2% ESOP deductions. The company stock has been flat since the IPO. A money market would do much better. I also checked my 401k. The company will be matching 100% of contributions to a max of 6% of my earnings. I'm already contributing at that level, so no adjustment needed. If the RATS take away the income deferral feature of the 401k, I'll drop out immediately. Any contributions would be double taxed. That's just stupid. I expect most people would act the same way. The constant flow of 401k retirement money that has inflated the stock market since the early 90s would be gone in short order.

I'm 52, so there's no way to get that 401k money out of harm's way without taking massive penalties and huge taxes at my current marginal rate. That was the whole reason for deferring draw down of 401k until after retirement when your marginal rate is very low. The whole proposal is just asinine. It will turn us into a 3rd world crap hole in short order. Socialists are very adept at doing that. Just look at Zimbabwe.

[SatinDoll]

Gold jewelry.

Why do you think in centuries past women wore lots of gold jewelry? Because they were not allowed to possess anything else of worth. Even in this country women would buy and wear gold charm bracelets. During had times they could sell a gold charm and receive enough money to feed their families for a month.

[ought-six]

“I’m going to stop my 401k.”

Smart move. What you would have put in your 401K you can just put in your wallet. It’ll be safer in your wallet, because then if the Dems want to take it, they will physically have to take it from you. And everyone knows the Dems are cowards.