To: Yosemitest
http://www.phibetaiota.net/2013/01/warren-edward-pollock-ann-barnhardt-on-the-record-sentinel-other-frauds-stealing-your-future/ Towards the end of this interview, which I highly recommend, Ann starts talking about the nationalization of 401K’s and how and why it comes about. In short, a manipulated stock market crash will result in people looking to the gov’t to “guarantee their retirement savings” The gov will step in and swap devalued stocks for treasury bonds. Evidently there are position papers on this from several academics....
Closed my 401K five years ago - simply don't trust banks or financial institutions any more - they are mostly corrupt.
58 posted on
08/09/2013 7:21:05 PM PDT by
forester
(An economy that is overburdened by government eventually results in collapse)
To: forester
Thanks.
But I've got about 4 years left until I can withdraw my IRA WITHOUT penalties.
If I withdraw it early, it cost me about a third of it in taxes and penalties.
65 posted on
08/09/2013 7:33:26 PM PDT by
Yosemitest
(It's Simple ! Fight, ... or Die !)
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