Earlier today we posted an article about 401(k), IRA confiscation. We had some time this afternoon and found a number of articles which speak to this issue. You can "google" others also. We would suggest "nationalize 401k", or "confiscate 401k" , however things look like they are coming fast.
We suspect that there will be changes either before or after the "fiscal cliff" which means that something will occur in the next couple weeks at the earliest or into early 2013 at the latest. If you are not aware of what appears to be occurring, it is time.
For your convenience, below are a number of links of articles and videos as a starting point. Should you find others, please comment with the link! We all have to work together to get the news out!
Conservative Tom
http://www.24hgold.com/english/contributor.aspx?
article=4016437284G10020&contributor=Ranting+Andy
http://blog.milesfranklin.com/confiscation-of-401k-accounts
http://www.silverdoctors.com/obama-begins-push-to-confiscate-iras-401ks/
http://www.dailypaul.com/162209/next-ira-401k-confiscation-meeting-obama-needs-our-401ks
http://www.youtube.com/watch?v=CCSdx3N1Op0
http://www.thegatewaypundit.com/2012/11/mark-levin-sounds-the-alarm-on-governments-plan-to-nationalize-401k-plans-video/
We suspect that there will be changes either before or after the "fiscal cliff" which means that something will occur in the next couple weeks at the earliest or into early 2013 at the latest. If you are not aware of what appears to be occurring, it is time.
For your convenience, below are a number of links of articles and videos as a starting point. Should you find others, please comment with the link! We all have to work together to get the news out!
Conservative Tom
http://www.24hgold.com/english/contributor.aspx?
article=4016437284G10020&contributor=Ranting+Andy
http://blog.milesfranklin.com/confiscation-of-401k-accounts
http://www.silverdoctors.com/obama-begins-push-to-confiscate-iras-401ks/
http://www.dailypaul.com/162209/next-ira-401k-confiscation-meeting-obama-needs-our-401ks
http://www.youtube.com/watch?v=CCSdx3N1Op0
http://www.thegatewaypundit.com/2012/11/mark-levin-sounds-the-alarm-on-governments-plan-to-nationalize-401k-plans-video/
Good grief, Tom. This is just another crazy conspiracy theory...
ReplyDeletehttp://www.factcheck.org/2008/11/iras-401ks-and-you/
--David
That was 2008 before the outrageous spending. On this one I am right!
ReplyDeleteThe fact that this conspiracy theory has been floating around since 2008 and it has never been proposed by Obama or anybody in Congress should give you pause.
ReplyDeleteThere was no basis for it then, and none now. There is ZERO chance this will happen. Shall we make another bet?
--David
Never say never, as that is a very long time! Everytime you say that it will never occur, makes it even more realistic that it will!
ReplyDeleteI would love to bet you on this but since we both will be dead by when the bet would end, who would collect?
Well, since this is supposedly an Obama plot, one would expect him to propose this nonsense sometime before the end of his second term. Since the theory is connected to Obama, the theory dies when Obama leaves office without a single person except the conspiracy nuts talking about it. Right? Of course, we will have probably both forgotten about the bet by January 1, 2016!
ReplyDelete--David
I did not say it was an Obama plot, it is a government plot against the average American! There will not be peace as long as 401ks and other retirement plans have a value over $5 trillion!
ReplyDeleteOkay, some of the conspiracy theorists, including one or two you cite, claim it is an Obama plot.
ReplyDeleteWhat you did say...
"We suspect that there will be changes either before or after the "fiscal cliff" which means that something will occur in the next couple weeks at the earliest or into early 2013 at the latest."
I'd take that bet for another $20 in a heartbeat. This is an absolutely ridiculous theory with no credible evidence to support it.
--David
If Obams was in charge of making all the changes, I think he will do something, however, he still has to get it through the House which will temper the answer.
ReplyDeleteNo bets yet!
I am not suggesting that it would get through the House. I am saying that neither the president nor any member of Congress would be stupid enough to even propose this ridiculous idea.
ReplyDeleteI will give you to the end of June for it not to happen, just so I don't have to wait to the end of Obama's term to collect.
By the way, the check arrived today. Thanks!
Will the country even exist then?
ReplyDelete