If they ever tried to seize this stuff I’d simply drain the accounts and take the loss.
This is the kind of behavior that would get a lot of people moving on D.C. with loaded guns.
Lori...they would probably pass a law to make cashing out our retirement accounts illegal and make it retroactive.
its gone....all that giving up vacations, and second homes and fancy cars etc so you could be a "responsible" citizen and pay your bills and save for retirement....it all meant NOTHING at all...
Donna Shalala (sp?), Clinton’s Secretary of HHS, raised the idea of “recapturing” lost taxes on 401k’s and was quickly slapped down by her boss, Bill Clinton, circa 1993.
>>”If they ever tried to seize this stuff Id simply drain the accounts and take the loss.”<<
Better hurry. There’s about 100 million other Americans who are thinking the same thing. If they decide they want it, they will take it overnight and there ain’t a damn thing you could do about it......except weep.
Rest assured that before they would publish this edict, they would have anticipated this (your) move and put stops in to prevent it.
If they actually confiscate our accounts, violent revolt is clearly justified by the standards of our constitution. This is even still true if they promise some cheesy annuity with no inheritance rights,,,,
Anyone who votes to allow this is no better than a Soviet commissar in 1920,, confiscating a Kulaks possessions. They should *expect* violent resistance.
It is so predictable if you look at history, a train wreck is coming unless they stop trying to establish state socialism. Americans have a right to resist outright theft.
And don’t take my words as any more threatening than if i were to say,,,, “if a congressman was hitting my daughter, i would beat him to death”.
Outright confiscation of savings accounts is true, legitimate, historic “Causus Belli”.