Government Sets Its Sights - Redistribute the Wealth of America’s Older Citizens”

SHTF Plan ^ | 11-20-2012 | Mac Slavo

[blam]

The COMMIES have taken over everything in this country, everything!!

[blam]

They Are Going To Make It Nearly Impossible To Pass On A Farm Or A Business To Your Children

[Axenolith]

I’ll burn my wealth, or bury it far in the sticks, before the state gets it’s hands on what I’ve saved...

[MrChips]

Well, do they WANT a civil war? They’ll get one.

[I want the USA back]

Ah the annuity! That’s what they will do. The average American will not understand what an annuity is.

The bastards will take the money and put it into annuities. They will tell the public that they will get a guaranteed income. What they won’t tell the public is that when they die, the government gets it and gives it to people who never worked but vote democrat.

Beautiful plan. And the sheep will line up to give their all to an all-powerful all-knowing and all-caring government, knowing that the government cares and will take care of them until the government-paid doctor puts the needle in.

[avenir]

Okay. Solutions? How can we get our money out of there (I’m 50)?

I don’t trust anything this government says.

[tacticalogic]

I’ll burn my wealth, or bury it far in the sticks, before the state gets it’s hands on what I’ve saved...

Convert it to nickels, and dump them in the ocean. It will actually cost them nearly as much as they're attempting to steal.

[jsanders2001]

Too bad Bill Ayers and 0 are friends...he might come in handy “cleaning out” the current administration...: )

[Boiling point]

Yea, We wont stand for that. That is pure grand theft.

[mountainlion]

You save all your life and put money in government mandated “lock box” only to have government thieves take away your and your children's future also.

[NTHockey]

Let your Congresscritter know that if any government official, employee or employeeto tries do this, there won’t be a safe place on this planet for them to hide.

Just let them try.

[agere_contra]

Take money out of your 401K and put it into physical gold and physical silver. Keep at least half your precious metals somewhere that you can personally guard them.

If you want to keep some of your precious metals in private vaults (your choice of US, UK or Switzerland) then I highly recommend BullionVault

Hope this is helpful.

(Full disclosure: I have about 36 Kg of Silver with BullionVault.)

[Bloody Sam Roberts]

And now, those who would control and regulate every aspect of our lives are making a new push; one whose efforts will ultimately end in the seizure and redistribution the personal retirement savings of every American who has ever put money into a 401(k) or IRA.

We need to discuss.

[blam]

"Let your Congresscritter know that if any government official, employee or employeeto tries do this, there won’t be a safe place on this planet for them to hide."

You mean like what we did when the government took over the health care industry and will now tell us how much health we should have?

[Bloody Sam Roberts]

"The Government could then take these trillions of dollars and redistribute it through this new national retirement system.”

If the debt crisis goes as expected by many and the pukes in DC keep printing money, then the dollar will collapse and the money in 401Ks will be worth nothing.

[cableguymn]

Sadly. It’ll just be a few of us...

This county has no nads any more.

Taking peoples retirements will be met with a “ho hum”..

The smart ones (you and I) can see this coming and have adjusted how we are saving for retirement.

[CORedneck]

Those who are already well off like Michael Moore, George Soros won’t be affected by this but will ensure that you will work until you are ready to drop dead. I know people who were smart in saving money and retired like at 50 or 55. I forgone getting a bug McMansion and chose to live in a 1800 ft^2 house so I don’t have a mortgage and be able to save more money so I can drop out of the rat race much sooner than like 70 years old.

Voting or not voting has consequences !

Always with democrats, anyone who works smart or think for themselves always are targeted for ostracism and punishment where as those who aren’t well off might be left alone.

[chrisser]

I’m 45. I don’t have a lot, but I converted all to what is essentially a cash fund just after the election. I don’t see a reason to have my retirement funds in the market any longer.

But I’m considering pulling it all out. Yes, the penalties and taxes are steep. But, we have some debt I can pay off, and the interest rates are higher than the likely future returns. And if they do decide to screw with 401(k)s, they’ll likely make any changes retroactive at least a year or two back to prevent/punish those who try to get out after the writing’s on the wall.

I hate to do it, but with the future uncertain as it is, I think, at minimum, I’d rather have no debt than a vulnerable nest egg, and even not considering that, I’d rather have cash (or precious metals) under the mattress than in a 401(k), IRA or bank even it if costs me in the short term.

For various reasons (mostly medical expenses), it might make sense to pull it all out this year for us rather than wait to see what happens.

I really can’t see our financial future getting better under this administration, but I could see it getting a heckuva lot worse.

[Buckeye McFrog]

We wont stand for that.

Yes we will. Or at least 51% of us will.
They'll buy into the fiction of "Guaranteed Secure Pensions"

[Uncle Miltie]

That’s retroactive slavery.

I’ll fight to the death before they steal my retirement.