Feds Slowly Moving Towards Retirement Accts

[Justin Bilyj]

The Government Generously Offers To Help You "Manage

Best website for financials.

[ZH: We have discussed this threat over the past several years (must read ]Zero Hedge | On a long enough timeline the survival rate for everyone drops to zero The obvious concept is that when the government runs out of money, or they face a drying up in interest for its debt, they will come for the $19.4 trillion in American’s retirement accounts. It seems that day may be finally drawing near.

 

[somarco]

What happens when they attach 100% of income xs of $400k and the retirement assets and still need more?

 

[Justin Bilyj]

What happens when they attach 100% of income xs of $400k and the retirement assets and still need more?

gold and perhaps silver confiscation again.

 

[somarco]

gold and perhaps silver confiscation again.

I no longer have silver in my teeth and the only gold I have is on my finger. As long as they don't want my guns and religion, I guess I am OK.

 

[Justin Bilyj]

Insurance is about protecting against risk, even currency risk should be acvounted for in this day and age.

 

[commonmutual]

I remember hearing this from Rush Limbaugh a few years back. Before that happens though, they will print like crazy. Then they will steal the inflated gains from stocks.