Posted on 01/08/2010 11:07:28 AM PST by Zeddicus
I think you could be right. I won't allow the government to steal my 401K money and I believe there are millions more like me.
One thing to remember -
leftists would LOVE any excuse to use the power of the state to kill/exterminate their political opponents.
They may be intentionally pushing a civil war, or a Rev II, with the very idea of having an excuse to kill conservatives and individualists.
I think Japan has basically done this by not allowing its serfs to invest outside of their country, then using this money to fund and out of control government spending.
Are you willing to cover for the Democrats even if it means busting your own future? Wise up already. This is no longer a left-right thing. It's about the survival of AMERICA!
I think a better caliber for this fight would be 30.06 or .223...
"A pistol is what you use to fight your way back to your rifle."
Do you know anything safe with an interest rate that's worth a damn
I think the new reality we've got live with is the harsh truth that nothing is "safe" anymore. IMO, the best you can do is put your money somewhere where your access to it is maximized and the government's access is minimized.
With money in a 401, the government has instant access with a stroke of the pen and a few mouse clicks. If it's in a safe in your basement however, they have to be willing to physically come and kill you to get it.
A little while ago, I never imagined I would find myself expressing the thoughts of the previous paragraphs. This is what happens when the actions of our politicians utterly destroys one's confidence in the government and our institutions. It's not good.
Well good luck with that. There aren't enough of them with weapons to accomplish that...and the armed forces/police wouldn't be on board with that for very long.
What makes you think they're going to let you keep your home?
That’s why 0bama says
“We cannot continue to rely on our military in order to achieve the national security objectives we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded,”
Money - 42K
APY - 0.60%
Rate - 0.60%
Dividends Paid - Monthly
I looked for a calculator online, but could not find one.
thanks in advance for any help.
Just a bit of an adjustment, the medium of exchange needs to have INHERENT value and utility, as well as be easily tradeable.
The “medium” that best matches this, imho, is ammo.
Gold & silver MIGHT have limited trade utility, but you can’t “use” a gold or silver coin.
a poster to the Telegraph article says —
nathan_redshield on Nov 3rd, 2008 at 6:32 am
As for the US confiscating the retirement funds of Americans, there is an obscure 1886 US Supreme Court decision that might stand in the way.
-—— would that bother a lib SCOTUS I wonder?
OK, so it'll be the "civilian national security force" against the Army, Navy, Air Force, Marines, Coast Guard, sheriffs, police, NRA, and just maybe a covert force made up of Chinese and Mexican troops to pick up territory when it's over.
And, let’s keep in mind that all this is going to pay welfare. We should be dismantling welfare now while it can (maybe) be done in a somewhat orderly fashion.
Briefly:
0.6% apy = 0.05% / month
0.0005 X 42,000 = $21
Your 42k won’t even yield enough to fill your gas tank once a month.
Check out
http://ferfal.blogspot.com/
He has some interesting reading regarding gold and silver from a boots on the ground perspective.
0.60% isn’t worth your time even if you reinvest the dividend...
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