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From Karl Denninger's Market Ticker blog.
1 posted on 03/25/2010 7:34:29 AM PDT by FReepaholic
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To: FReepaholic

I’ve said it before, I think this administration is intentionally trying to start CW2. That way, he can declare martial law, shut down the ‘10 elections, and become “El Presidente para la vida”, like his Venezuelan and Cuban counterparts.


48 posted on 03/25/2010 8:21:14 AM PDT by kosciusko51
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To: FReepaholic
It appears we have two choices.

1. Put your money where they can't get to it.

2. Put them where they can't get to your money.

50 posted on 03/25/2010 8:25:13 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: FReepaholic

Does anyone LONG for the days when the MAFIOSO ran all of the nations labor unions and systematically raided “pension plans”, declaring them “unfortunately insolvent” whenever the top bosses wanted some extra dough??? Well just substitute Communist Party for Cosa Nostra and you’ll be brought up to 2010.


54 posted on 03/25/2010 8:42:07 AM PDT by Oldpuppymax
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To: FReepaholic

Let’s not forget we’ll be taxed to fund the killing of unborn babies.


57 posted on 03/25/2010 9:05:21 AM PDT by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: FReepaholic

I suspect that if the govt ever considers implementing this, they will make it retroactive to boot, so that no one can cash out and flee before it becomes effective.

They will push for Amnesty before they take this on, so it seems that preemptive action is a prudent move.


68 posted on 03/25/2010 9:42:49 AM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: FReepaholic

I don’t know if this is true or not but here’s what I’m doing.

I’m stopping my 401K contributions for now. (I withhold the maximum). I’m investing in America’s future and using all of that money to support conservative candidates this year.

If the conservatives take control of Congress in November (and I think they will), it will be money well-spent.

If they don’t, my money won’t be worth anything anyway at that point and I’ll go out with at least the comfort of knowing that I tried.


79 posted on 03/25/2010 5:20:43 PM PDT by Reagan69 (WHEN THEY COME FOR YOUR GUNS, GIVE THEM THE AMMO FIRST.!)
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To: FReepaholic

Well, it in a way many said this would happen.

There is to much money in those accounts for the government not to want to steal it. Just the nature of the beast.


80 posted on 03/25/2010 6:06:01 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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