Posted on 12/06/2012 4:40:06 AM PST by Yosemitest
Never too late.
F R E E let’s stay free!
bulk ammo dot com bay bee!
That will be put in your Social Security account, and then the government, not you, is going to invest that money,your Social Security plus whatever the amount of your 401(k) is,...The government does NOT invest. I once got my SS statement and pulled up the S&P year end results from 1965 to the date of doing this. At the time, I had put 96,000 in and my employer had put in the same amount. If I had been forced to invest in the S&P from the beginning, I would have had $3,000,000 plus in my account at that time.
No... it won't. People will talk about it ad nauseum, but there will not be a shooting war over this.
sfl
“Is it already too late to invest in gunpowder and lead?”
Not if you can find it.
We went to The Crossroads of the West gun show this last weekend. The largest annual gun show in Arizona. Powder was limited (they had 1 lb jugs, none larger) and we could find NONE of the bullets we needed.
We were also looking for .45 Colt ammo - none to be had.
my wife and i have lived a frugal life..
while we watched other people and both friends and family take expensive exotic vacations, buy new cars constantly, big houses and many other luxury items, we bought what we needed mostly used, spent very little on ourselves, and put every extra dime we ever made into IRA and 401K plans..
we have been doing this for 30 years now..
now that we are close to the age of retirement, and through our own frugality, we have a very tidy nest egg built up..
now, a group of sonsofbitches wants to take 30 years of work and just steal it because they did not make provisions of their own???
7.62x39......
Never too late for that.
If you’ve found a good way to live without food, shelter, etc. I’m in.
Not because “they did not make provisions of their own”.
This is the left’s surface, “fairness” argument by which they advance their power.
The real reason they hate private savings is that it makes you a bit more independent of them and out of their control.
Nope. CWII has already been fought and they won. Proof of that was when we accepted obamacare being forced upon us with only minor griping and bitching. I will however state that the Republican Party kept us calm with teir, Elect us [Republicans ]to Congress and we will repeal obamacare line.They were elected, went to Congress and were immediately neutrailzed by the Republican Establishment. Our lack of action was not lost on the Left. They realized that that they could steal the 2012 Presidental election when the time came without repucussion. They did and there were no repucussions. Next is all private retirement funds. After that comes control of the food supply. Then they will control the medical, money, and food. then when they get ready to, they will demand that people turn in their guns for food. The people are being picked from their possessions likse chickens of their feathers. After that, they will be butchered like chickens. And the people will not utter a whimper of protest. Why? Because the Government wil keep them calm and pacified by freebies and judas goats telling them everything is o.k. Right up to slaughter time.
See if your 401(k) plan offers a non-hardship early withdrawal. Many do. Roll it into an IRA. IRA’s are different than 401(k)’s, especially from a political perspective.
I think the biggest lie many of us bought into was the "before taxes" or "tax deferred" 401Ks.
I converted my Trad. IRA over to a ROTH, paid taxes over a 2 year period because one never knows what the tax rate will be in 10 or 20 or 30 years. Now when I draw from my ROTH it'll be tax free until The Bastards change the laws to get their fingers on that too.
The process has started already with the Department of Labor regs that kicked in this summer. Yes, the DOL. http://www.dol.gov/ebsa/newsroom/fsparticipantfeerule.html
It’s not just about fees as the government suggests. It is much, much more. NO, there has been no bill. It is an expansion of their powers under ERISA laws like never before.
They’re playing with fire here and trying to provoke blood in the streets.
Bfl.
A lot of FReepers believe the same thing.
My Grandfather was very mad at me when I started a 401(k). He told me till the day he died that the government will go after than money someday. Seems he was right.
They touch my 401K and I will not hesitate to retaliate. I will no longer have a reason to restrain my behavior in a civilized manner. It’s WAR!
I’ve been hearing about this woman for many years but this is the first time I’ve seen a picture of her. YIKES! When Helen Thomas assumes room temperature she stands to inherit the crown.
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