Posted on 02/18/2010 8:03:31 AM PST by Red Badger
Just finished loading magazine #6 for the 1911, going to start the ones for the AR in the morning. Better to be ready...than too late to do anything.
like what are we supposed to do about it?....we’re screwed entirely every which way....take a huge penalty and pay taxes now or have it robbed later....big choice.
Just the camel's nose under the tent, FRiend.
Like seat belts, first it was a good idea, then a 'secondary' offense (you could only be ticketed for not wearing one if you were stopped for something else), then a primary offense (they could stop you if they suspected you were not wearing one.
That's how that worked here, and this, too, will go from being reccommended to required.
They learned to turn the heat up slowly to keep the frogs in the pot.
Marked
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You have an airplane?.....
The night before...........
Gates, Buffet,,,ante up, it ain’t yours, so spit it out.
The Congress is addicted to spending. And just like a crack or heroin addict, they will do ANYTHING, even something that is detrimental to their own well being, dangerous or downright illegal, to continue that addiction. AND just like “pushers”, ie China, Japan, India, who have supported that habit, for a long time, now demand that the addict support his own addiction. They will stop buying US T-Bills, thus cutting off the flow of needed cash that the addicted Congress needs to “feel good”. Then, just like a deranged addict in need of a fix, they will strike out at the American peoples’ savings, IRAs, 401(k)s, pension plans and any other “pile of cash” that is undisturbed............................That’s when this country dissolves into chaos, anarchy and civil war.................
You stop it buy telling your Congresscritters that if they enjoy the cushy life in DC that we give them, then they had better leave their cotton pickin’ hands off your retirement plan..............
30 year Long Bonds are the only Treasury security paying decent interest rates. EE bonds are at 1.2%.
The Klintoons started financing the government debt using short term bonds back in their day. Did W do anything to change that?.............
bttt
BTW....good post...but this....and only this...is the MAIN drive for “immigration reform”....30-40 million more bodies...and they WILL have the political horsepower to pull it off...as well as whatever legal enforcement needed to make it stick.
Its why “immigration reform” keeps rearing its ugly head.
I posted this before under a different topic, but I think a precedent, of sorts, has been set. (From the California Mining Journal article of the '70s.) Just before Roosevelt banned private holdings of gold, two brothers sensed something was in the wind and converted their gold certificates into the hard stuff to the tune of $20,000. Six months after the edict went through, the Feds tracked down said brothers and forced them to turn in their gold for paper money.
The brothers sued, taking it all the way to the Supreme Court. The Court ruld in favor of the Feds, saying they got their $20,000 back in trade for the $20,000 face on the coins, conveniently forgetting that gold had been revalued from $20 and change to $35.00.
So, I fully expect the Court to say that you weren't screwed when you got a govt annuity that was "equal" in value to your 401K - after you have been tracked down for your "early out" option.
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