If Gov Seizes 401 and IRA's What Will You Do?

Started by Seawolf, October 19, 2010, 08:09:11 PM

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Solar

Personally I don't think there is a chance in Hell of this happening at the moment.
The Dims floated this balloon about a year ago, just to see if the public would swallow it.

Well we didn't and they dropped it...for now, but if they thought they were going to retain power, then it would almost be a guarantee theft by the leftists.
They think any money held by the gov is theirs to do with as they please, we should force them to place their paychecks in the general fund, and see just how quickly this crap stops.
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AmericanFlyer

For the past two years, I've been preaching this exact same scenario to all of my friends and family and anybody else who would listen to me. 

Some people have heeded my "educated" advice by cashing out of their 401Ks (and taking the financial loss) or by stopping contributions to their 401Ks, and have converted their "retirement" nest egg to TANGIBLE assets (precious metals, and in some cases real estate).

The Obamanistas are capable of ANYTHING.  Don't forget that.  The less we have "exposed" to the Obamanistas, the better off we all are.  401Ks, mutual funds, individual stock holdings, bonds, securities, CDs................ALL very bad ideas.  Why, you may ask?  Because you are trusting SOMEBODY ELSE with your assets, your nest eggs, and your FUTURE.

As I have also stated ad nauseum, if you can't hold it or touch it, you don't "own" it.

Remember this simple fact.  A $20.00 bill is nothing more than paper and ink.  It has value ONLY because the federal government SAYS it has value.  It is a paper promise that will soon no longer be kept.   

BILLY Defiant

We would have no choice but to "fight" I think this would be the trigger.

How would Govt pensions (ie the Military) be effected. If they seize or reduce military pensions, what messgae are you sending to those already in the military, you know, the guys who are in charge of nuclear weapons???? Coup time for sure.


Billy
Evil operates best when it is disguised for what it truly is.