Buy Gold, Obama wants to steal your 401(k)
GoldworthFinancial
"The U.S. Treasury and Labor Departments will ask for public comment as soon
as next week on ways to promote the conversion of 401(k) savings and
Individual Retirement Accounts into annuities or other steady payment
streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy
Assistant Treasury Secretary Mark Iwry, who are spearheading the effort."
They want to "get" people to invest their 401k's and IRA's into annuities,
or likely into U.S. T-Bonds, which are in the biggest overvalued bubble the
world has ever seen.
They are doing this because they will have $2 Trillion Dollars in bonds to
sell this year, and foreign buying is drying up. China doesn't want them....
Do you?
Who's behind it?
The White House and a powerful network of Congressional activists, and The
highly-influential Ford and Rockefeller Foundations. They are engineering a
new regulatory and tax-incentive. The purpose is to herd and ultimately
force Americans to convert their 40l(k)s and IRAs into government-directed
retirement accounts.
The 40l(k)/IRA de-privatization plan is the brain-child of Teresa
Ghilarducci (Schwartz Center for Economic Policy Analysis - SCEPA), who is
funded by the Rockefeller Foundation.
The extreme tactics used to ram nationalized health care down the country's
throat are a blueprint for what could be the biggest asset grab in history.
This is exactly what took place in Argentina. Yes, Argentina was once a
powerful nation; the 3rd wealthiest nation until the 20th Century.
Another reason as to why our government needs to nationalize retirement
accounts...
Is reported by the New York Times, "This year, the system will pay out more
in benefits than it receives in payroll taxes, this important threshold was
not expected to cross until at least 2016, according to the Congressional
Budget Office." The trickle of red ink will soon become a flood under the
pressure of 78 million retiring Baby Boomers.... Less money going into the
system!
Who will you need to Trust in the Handling of your money?
The March 9 edition of Business Week notes that new federal regulations
designed to "promote the conversion of 401(k) savings and Individual
Retirement Accounts into annuities or other steady payment streams" would
help drive cash into government-controlled entities such as American
International Group (AIG), which was bailed out to the tune of $182.3
billion.
You Do Trust AIG.. right?
The Real Question Is..
Is there a safe haven for retirement accounts?
Tangible Gold & Silver.
Richard L. Hall
confiscate all my gold. So I sold the gold and purchased bonds. Now you're
telling me that Obama is going to take all my bonds so I should purchase
gold. What a dilemma to be in. I'm going around in circles.
--
Richard
http://coins.richlh.com/MyCoinLinks.htm
http://www.richlh.com
Don't lament that the rose bush has thorns. Rejoice that the thornbush has
roses. [Ancient Egyptian Saying]
"GoldworthFinancial" <con...@GoldworthFinancial.com> wrote in message
news:i3oqt5$ag1$2...@speranza.aioe.org...
Mr. Jaggers
> Oh! No! Just last week, I got a letter saying that Obama is going to
> confiscate all my gold. So I sold the gold and purchased bonds. Now
> you're telling me that Obama is going to take all my bonds so I
> should purchase gold. What a dilemma to be in. I'm going around in
> circles.
It's coming to get you...it's in your home state...it's outside your door...
James "Lights Out" the Creeper
amdeline olson
Just because they're coming to get you doesn't mean that you're
paranoid!
FWIW, I've read that one major nation state (Argentina) did indeed
confiscate all private retirement accounts within the last decade.
Perhaps there have been others.
oly
oly
amdeline olson
I am sorry, I can't figure how the blundered name of "ma fille" keeps
getting on here!
oly
Mr. Jaggers
Go into the account and change it, problem solved. Obviously someone
changed it before.
James the Technician
Mr. Jaggers
And you'd better change the email return real soon, or she'll start getting
emails from some of the more unsavory characters who lurk here. You
wouldn't believe some of the apcray that comes down the pipe here.
James the Assaulted but not Insulted
mazorj
"Mr. Jaggers" <lugbu...@yahonospamo.com> wrote in message
news:klO8o.10895$EF1....@newsfe14.iad...
It's the Blob! No, wait, it's the Thing, transported from Antarctica.
Argh! It's undead zombies rising from the grave to get us. OMG, it's The
Attack of the Killer Tomatoes!
mazorj the Cinephile
mazorj
"amdeline olson" <vballg...@gmail.com> wrote in message
news:bacfe16c-a626-4d6d...@s9g2000yqd.googlegroups.com...
oly
======================
oly, where have you been? Wake up! It's the North Korean model. First
they totally control the economy through fiscal and monetary fiats. Then
they steal everyone's savings by diktat. With the stroke of a pen last year
the North Korean dictators made everyone (presumably except themselves)
paupers - and that in a nation state where everyone already was a pauper by
world standards. Haven't you seen that pic where Obama has the North Korean
flag in the background? :-D
As a token gesture toward being on topic, why aren't there any posts here on
North Korean coins?
Mr. Jaggers
Maybe because the last coins made for circulation in N. Korea came off the
presses in 1987. Since then, everything has been NCLT in silver and gold,
and collector commems in base metals, which could circulate, but don't. I
have no idea what actually does circulate there.
James the Chosen (how many here will see through that double entendre?)
ste...@no.spam.sbcglobal.net
Mr. Jaggers
> As long as you are calm in the morning. When I was there it was also
> frozen.
My uncle has been sick, but the highway is green.
James the Cryptic
amdeline olson
> mazorj wrote:
> > "amdeline olson" <vballgirl...@gmail.com> wrote in message
>
> - Show quoted text -
A veritable resevoir of humor!
oly
oly
> "amdeline olson" <vballgirl...@gmail.com> wrote in message
The stealing has gone swimmingly the last two or three years, and the
fault line runs from a few miles northeast of your neighborhood all
the way up to Manhattan. "Change".
oly
Stardancer
Really James, you are truly dating yourself.
It has been LOTS of years since the Korea pennisula was known as Chosen.
Regards
Dan
"Mr. Jaggers" <lugbu...@yahonospamo.com> wrote in message
news:PGU8o.55960$Zp1....@newsfe15.iad...
Jerry Dennis
"OH! I GOT OUT MY JELL-O AND SMEARED IT ALL OVER THE FLOOR!"
Jerry
Trivia Question - Who actually said that?
Mr. Jaggers
> Howdy;
>
> Really James, you are truly dating yourself.
>
> It has been LOTS of years since the Korea pennisula was known as
> Chosen.
> Regards
Hi Dan, long time!
It was the Japanese who used Cho-sen as the name for Korea when it was its
satellite between the world wars. Guess how I know that.
I learned it by collecting world coins and studying the cultures and
histories of the countries that produced them from various sources,
including coin catalogs and books, some of which I've had since boyhood.
Such education is one of the great joys of numismatics!
Even though yes, I am very, very old, you cannot possibly know when I
learned that fact. It could have been fifty years ago, or fifty
quarter-hours ago, or anything in between.
That notwithstanding, congratulations on your perspicacity!
James the Ageless
Mr. Jaggers
"We had never seen the belt. But we had heard about it. It was nine feet
long. Eight feet wide. It had hooks in it, and it would tear the meat off
your body if it ever hit you."
James the Organist
'doooo, doooo, reeeeeeeeng'
Jerry Dennis
Touche, James. Your response indicates you know. Now, anybody else
want to give it a shot?
Jerry
Mr. Jaggers
"OK, you can bite it just a little bit, but don't put none of your juice in
it. Just give it a little snakey lick - alickalickalicka."
I listened to that LP with a friend while in high school, and then many
years later my son insisted on using the whole set as "going nite-nite"
entertainment. That vinyl was totally hosed by the time he outgrew them! I
think I have all the routines memorized. "Snakes! I gotta go baffroom!"
James the Snake Charmer
Scott Stevenson
Noah!
take care,
Scott
waiting for the sewers to back up...
Mr. Jaggers
Ha! Another person of impeccable taste!
James the Shop Teacher
'who put the bullet in the furnace?'
beekeep
wrote:
Wasn't that the one where he set the couch on fire?
beekeep
Mr. Jaggers
Yep, "you won't come near smoke and fire and Jello!"
James the Chicken Heart
'thoom thoom...thoom thoom'
Califa
'Richard L. Hall[_2_ Wrote:
> ;655633']Oh! No! Just last week, I got a letter saying that Obama is
> going to
> confiscate all my gold. So I sold the gold and purchased bonds. Now
> you're
> telling me that Obama is going to take all my bonds so I should purchase
>
> gold. What a dilemma to be in. I'm going around in circles.
>
> --
> Richard
> http://coins.richlh.com/MyCoinLinks.htm
> http://www.richlh.com
> Don't lament that the rose bush has thorns. Rejoice that the thornbush
> has
> roses. [Ancient Egyptian Saying]
>
>
> "GoldworthFinancial" con...@GoldworthFinancial.com wrote in message
Yes, and in a little over a year, effective Jan 1 2012, they slipped a
little provision into the 'Affordable Health Care Act', that anyone or
company who buys anything from anyone else, over $600 - must file a 1099
with the IRS providing them with the social security # and name of the
person they bought it from. Start digging out your old receipts - as
the burden will be on you to prove how much profit or loss you had -
should you decide to sell those coins...and buy new ones...might want to
consider selling now...
--
Califa
Mr. Jaggers
There is legislation in the works that will cancel that particular
provision.
James
Jerry Dennis
>
> - Show quoted text -
I started out as a child...
Jerry
Who knew we old codgers were so full of wit?
Mr. Jaggers
People usually tell me that I'm full of something that sounds very much like
"wit".
James the Hard of Hearing
Frank Provasek
wrote:
> 'Richard L. Hall[_2_ Wrote:
>
>
>
>
>
> > ;655633']Oh! No! Just last week, I got a letter saying that Obama is
> > going to
> > confiscate all my gold. So I sold the gold and purchased bonds. Now
> > you're
> > telling me that Obama is going to take all my bonds so I should purchase
>
> > gold. What a dilemma to be in. I'm going around in circles.
>
> > --
> > Richard
> >http://coins.richlh.com/MyCoinLinks.htm
> >http://www.richlh.com
> > Don't lament that the rose bush has thorns. Rejoice that the thornbush
> > has
> > roses. [Ancient Egyptian Saying]
>
>
Actually that's a lie originated by the Cato Institute to make people
angry about Health Care Reform
No User
"Frank Provasek" <fr...@frankcoins.com> wrote in message
news:c32e6284-ad09-4237...@t20g2000yqa.googlegroups.com...
>Actually that's a lie originated by the Cato Institute to make people
angry about Health Care Reform
>
>
Democrats are good, Republicans are bad. Case closed.
Therefore, the "Healthcare" bill is good. After all, most of the Democrats
in Congress voted for it and all of the Republicans voted against it.
Still, I look at what Frank's selling and have to question this: 1862-S
Seated Half ANACS AU58 Cleaned Rare Trends $1750
I, for one, didn't even realize that "Trends" gave values for cleaned coins.
Frank Provasek
each year, not knowing
what the interest rates or value of stock investments will be, nor how
long you will live, to keep from
running out of money. The Obama administration simply wants to
encourge people to convert
their 401(k) to an annuity (run by an insurance company, not the
government) which will give them
a guaranteed amount every month for the rest of their life.
Yet Fox News and talk radio misrepresent this as "Nancy Pelsoi
stealing your 401(k)"
Mr. Jaggers
Well, that certainly will draw more slack-jawed viewers and listeners than
the ho-hum truth.
James the Propagandist
Jud
passbook savings, you are better off taking the money out of the bank
now and buying things for the future.
Jud -Stocking up on non-perishables and ammunition-
8-)
Mr. Jaggers
I'm stocking up on rare coins before they get even rarer.
James the Packrat
Jerry Dennis
I have to disagree with you, Frank. ANYTIME the topic includes money,
Congress, and/or the President, it inevitably translates to, "No
matter what they say, Congress is going to take your money so the
President can spend it."
Jerry
(Struggling not to rant politically. Breathe, breathe, breathe.
Okay, I feel better.)
Jerry Dennis
I need to check these posts more often. Yes, Scott, it appears you do
know the answer to my previous trivia question. How does it feel to
be OLD, like the rest of us codgers?
Jerry
Huh? Didja say somethin'?
Scott Stevenson
I would just like to point out that my knowledge of the Chicken
Heart, Vaughn Meader, and Mort Sahl come from the fact that my
_parents_ bought those albums.
When I look at that, and add to it : 1)the cars we had when I was
growing up, 2) living a block from the beach, and 3) we could watch
what programs were broadcast in color on our Zenith console TV with
the Space Command 600 remote, I can only conclude one thing:
My parents were cool enought to have been members of the Rat Pack.
take care,
Scott
Bremick
"Scott Stevenson" <almostf...@UCKSAY.comcast.net> wrote in message
news:4c75a84d....@news.giganews.com...
I bought the Meader album when it came out. I've kept it almost 50 years
and I notice today they sit ignored on eBay for about what I paid for it
new. Meanwhile, those three silver half dollars I spent are now worth about
twenty bucks. Sometimes you win........
Jerry Dennis
> "Scott Stevenson" <almostfm.AMS...@UCKSAY.comcast.net> wrote in message
>
> - Show quoted text -
I, too, had "The First Family" as a young 'um back in the day. After
joining the Navy, some of my albums "disappeared." Then one day I was
visiting my local pawn shop (no real coin dealers in my area). After
viewing the numismatic goodies he had, I flipped thru the albums in
the shop. Lo and behold, there it was, a used album for sale for the
original selling price of $2. And it was in good shape. Of course I
had to scarf it up.
Jerry
Now, who jacked All Hail Marx and Lennon?
Alabama Pete
evil lies. Pelosi has already declared MARTIAL Law in her tenure as Queen
of U.S. once. What part of government programs is it Frank that makes you
trust these jackholes?
Charles Finly
Don't forget to set the couch on fire!