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401k/IRA Screw Job Coming?
Market Ticker ^ | 01/08/2009 | Karl Denninger

Posted on 01/08/2010 11:07:28 AM PST by Zeddicus

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To: Travis McGee

It’s news like this that just makes me go buy more ammo. Stay safe, FRiend.


121 posted on 01/08/2010 2:18:07 PM PST by TADSLOS (Nigerian Crotch Bombers are U.S. Citizens too!- B. Obama)
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To: Snardius

The ahh, *super wealthy* are some of the main charactors behind this *economic adjustment*. They don’t need to hide *our* money.


122 posted on 01/08/2010 2:28:54 PM PST by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: Travis McGee
Are you series? I know a whole buncha liberals who will not vote for the 1 if this happens.

I'm going down to the bank next month and close all my accounts. Then, I'm gonna take the check over to the Gold shop and convert the whole sehbang into Gold coins. I sure hope the ole pickemup truck can haul the whole bunch in one load. I'd hate to have to make several trips.

123 posted on 01/08/2010 2:40:13 PM PST by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: Travis McGee

CW2 Bump!


124 posted on 01/08/2010 3:04:13 PM PST by CodeToad (If it weren't for physics and law enforcement I'd be unstoppable!)
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To: stockpirate

Fraud, getting money by lying, is a form of stealing.


125 posted on 01/08/2010 3:17:28 PM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: Polynikes

Actually, I agree with you and in fact have usually advocated ‘fertile land’ as the best investment there is. But as far as having something you can grab quickly and take with you on the run, it’s nice to have some gold laying around.

FRegards,
LH


126 posted on 01/08/2010 3:17:51 PM PST by Lancey Howard
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To: MrB
Progressive peaceniks exterminating their enemies? I do not think so. Liberty loving would be fighting a war of passion. The progressives, while a few at the top might feel passion for their twisted ideas and goals, their minions and hired help won't be so devoted.

Welcome, to the second stage of the dialoge!

127 posted on 01/08/2010 3:39:21 PM PST by free from tyranny
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To: Travis McGee

Been reading some Argentinian history in the form of a survival book... and some soul searching... and some bet hedging... and some praying.

I’m not too old for this shit, but I was kind of looking forward to some fishing and hunting. May just have to combine the two trains of thought and make the best of it.

Stay safe.


128 posted on 01/08/2010 3:57:18 PM PST by glock rocks (Wait, what?)
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To: glock rocks

I hear ya! I’m in the same boat.


129 posted on 01/08/2010 4:31:28 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Patriotic1

Yep, it’s good stuff.


130 posted on 01/08/2010 4:32:29 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: carolinacrazy

IRA ping


131 posted on 01/08/2010 4:34:51 PM PST by teenyelliott (Insanity - voting the current two party system over and over, expecting different results.)
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To: Lurker

That’s a great idea. I heard Neal Boortz mention that saving strategy. It’s good on many levels.


132 posted on 01/08/2010 4:37:58 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Travis McGee
Boortz isn't on around here so I kind of like to think we thought that one up on our own. LOL.

We started doing it just to have a pile of spare cash around and then we decided to see how long we could go without touching it.

What a surprise we had after a few months when we decided to finally count it up. We were "Holy sh**, honey! Look at all this cash!"

Give this a try. Before you know it you'll have several hundred dollars in small bills. That's NEVER a bad thing to have around the house.

Yea, we're not getting any interest on it but we're not dependent on the bank being open or succumbing to the debit card temptation either. And did I mention it's a decent sized pile of cash after a while?

It takes a bit of discipline, but that shouldn't be a problem for the likes of you. Just keep saying "everything smaller than a ten spot!"

Take care my friend.

L

133 posted on 01/08/2010 5:02:12 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: happilymarriedmom

On that logic, Roth IRAs are safe.


134 posted on 01/08/2010 5:05:50 PM PST by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: free from tyranny

Where can you get antibiotics?


135 posted on 01/08/2010 5:11:03 PM PST by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: Alberta's Child

Shortly after I first heard of the Roth IRA I read an article by one financial advisor warning people to stay away from the Roth because one day the government would renege and tax the money.


136 posted on 01/08/2010 5:47:23 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: all_mighty_dollar

“-—— would that bother a lib SCOTUS I wonder?”
///////////////////////////////////////////////////////////////

Yes, about as much as Adolf Hitler was bothered by the plight of the Jews.


137 posted on 01/08/2010 6:07:42 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: Snardius

Change your name, dye your hair, gain or lose 100lbs.
/////////////////////////////////////////////////////////////

That hundred pounds bit would be extremely difficult either way!


138 posted on 01/08/2010 6:15:12 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: Snardius

Money won’t buy happiness it’s true but it will let you be miserable in high style!


139 posted on 01/08/2010 6:21:44 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: Lancey Howard

I agree with you and in fact have usually advocated ‘fertile land’ as the best investment there is.
/////////////////////////////////////////////////////////////

But in a situation such as we seem to be facing how would one maintain possession of fertile land? Titles and such are only good when there is a stable society. You may need a fortress with machine guns and artillery and even that may not be enough.


140 posted on 01/08/2010 6:26:17 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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