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Posted: 3/27/2019 8:26:10 PM EST
[#1]
Quote HistoryQuoted:
Well, if someone wrongs you you dont take it out on their neighbor do you? |
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Posted: 3/27/2019 8:34:40 PM EST
[#2]
Quote HistoryQuoted:
Quit drink the infowars kool aid |
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Posted: 3/27/2019 8:43:31 PM EST
[#3]
first post hit at the heart of why they want gun control
If you want to mess with peoples retirement accounts and have laws against free speech and travel, then you really dont want them armed when that all takes place |
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Posted: 3/27/2019 8:45:12 PM EST
[#4]
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It would instantly devalue my ammo fort because I'd cash that in at high velocity speeds.... |
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Posted: 3/27/2019 8:50:44 PM EST
[#5]
Quote HistoryQuoted:
Want to see old folks with nothing left to lose go postal in record numbers should their 401K get seized  Attached File |
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Posted: 3/27/2019 8:52:23 PM EST
[#6]
I would be more concerned with rapid inflation.
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Posted: 3/27/2019 8:54:43 PM EST
[#7]
Quote HistoryQuoted:
People would withdraw the money as fast as they could out of fear of future or further seizures. Future investment through 401Ks or any other investment account would drop tremendous. Markets would crash worldwide. Seizing 401Ks is a no go. Taxing the hell out of distributions from them is the more likely path. Quote HistoryQuoted:
Quoted:
I don’t see how this could work - most money is in stocks and bonds and all based on good faith and speculation. Wouldn’t that instantly devalue everything in said accounts? Markets would crash worldwide. Seizing 401Ks is a no go. Taxing the hell out of distributions from them is the more likely path. The government will find a way to take peoples 401k money when the time comes |
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Posted: 3/27/2019 8:56:26 PM EST
[#8]
Quote HistoryQuoted:
I would be more concerned with rapid inflation. |
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Posted: 3/27/2019 8:57:21 PM EST
[#9]
Quote HistoryQuoted:
So people who sacrifice now and put money away for the future get fucked and get their money taken and given to people that did nothing right and spent their life impulse purchasing and other bad decisions? Yeah, that’d get people shooting, |
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Posted: 3/27/2019 8:58:15 PM EST
[#10]
Quote HistoryQuoted:
Every man, woman and child in America needs to cough up $600,000 for AOC's Green New Deal. And if not the Green New Deal, something similar will eventually get enacted. The Nazi's pulled gold out of peoples teeth with pliers to finance their vision. In comparison, your 401K is low hanging fruit ready for the harvest. |
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Posted: 3/28/2019 4:28:56 AM EST
[#11]
does anyone know if municipal, state, federal, and corporate pensions invest in the same types of equities as 401k's and IRA's?
what i'm getting at is if they do, then the 5.2 trillion held in 401k's is a problem for, well, just about everyone. if because of perceived risk(*), all 401k and IRA holders either go to cash (inside their accounts) or cash out (yes, yes, early withdrawal penalty...) it's pretty much game over. the equity holdings of municipal, state, federal, and corporate pensions will decline markedly, and this will result in immediate and unrecoverable shortfalls in pension payments. that pension check that you are either getting from the govt or planning on getting from the govt will go to near zero because committed obligations will far outweigh investment return. those pension plans that are already underfunded would rapidly fail outright. just wondering. ps (*) perceived risk could be confiscation, asset taxes, supplementary withdrawal taxes, or other. |
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Posted: 3/28/2019 4:29:33 AM EST
[#12]
Quote HistoryQuoted:
It would instantly devalue my ammo fort because I'd cash that in at high velocity speeds.... |
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Posted: 3/28/2019 5:09:49 AM EST
[#13]
Quote HistoryQuoted:
So people who sacrifice now and put money away for the future get fucked and get their money taken and given to people that did nothing right and spent their life impulse purchasing and other bad decisions? Yeah, that’d get people shooting, |
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Posted: 3/28/2019 5:10:45 AM EST
[#14]
Quote HistoryQuoted:
No. There are easier ways for them to get it without causing a revolution. 1) Higher inflation. Steals from everyone who has anything saved. 2) National sales tax, estate tax etc. |
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Posted: 3/28/2019 5:12:27 AM EST
[#15]
Quote HistoryQuoted:
There needs to be blood the first time it is suggested |
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Posted: 3/28/2019 5:14:10 AM EST
[#16]
Quote HistoryQuoted:
401k's cannot be seized by the United States government without a constitutional amendment. Luckily, that ain't gonna happen in my life time.... |
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Posted: 3/28/2019 5:32:36 AM EST
[#17]
Quote HistoryQuoted:
They will heavily tax it and perhaps fuck over the Roth people. I could see them seize money out of a savings or checking account. they may tax it there is no money tobseize in checking / savings accounts. It would collapse the banking system due to bank runs, taxing it would also since it would be a net loss every year and be better to keep money under a mattress. Basically it all depends on full faith and credit if the fed govt. as soon as people lose faith or the govt has junk bondcstatus, the house of cards collapses. |
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Posted: 3/28/2019 5:37:55 AM EST
[#18]
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Posted: 3/28/2019 5:40:11 AM EST
[#19]
This idea got floated under Clinton. It went nowhere. Both parties like the idea of more taxes.
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Posted: 3/28/2019 6:40:07 AM EST
[#20]
Quote HistoryQuoted:
No. There are easier ways for them to get it without causing a revolution. 1) Higher inflation. Steals from everyone who has anything saved. 2) National sales tax, estate tax etc. A financial crisis/disaster occurs or is caused, and the US government responds by "bailing out" the citizenry and putting their money in federally managed funds that are protected from those greedy bankers that supposedly caused the crisis. I'd bet my 401k account we have students of Goebbels in the government right now who have this wargamed out and ready to implement when a crisis occurs, and will do it all under the guise of an altruistic uncle who is doing you a favor. Rather than pushing it on people who will fight back, they'll do it in a way that people are begging them to help. |
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Posted: 3/28/2019 6:49:18 AM EST
[#21]
I've posted this before and take it for what it's worth from a random arfcommer on the internet...
A long time ago, I went to hear one of the original authors of the 401k system speak and he said that once .gov sees how much $ is in 401ks they will figure out how to take it. I also recall a few progressives over the years floating ideas about taking 401ks and replacing them with "guaranteed" return type vehicles. As always hope for the best, plan for the worst... |
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Posted: 3/28/2019 7:05:19 AM EST
[#22]
Quote HistoryQuoted:
Yeah they steal 401ks & it’s game on. |
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Posted: 3/28/2019 7:10:43 AM EST
[#23]
There's not a politician on either side of the aisle, that doesn't lay awake at night, every night trying to figure out how to tap into all that wealth to steal just so they can kick the can down the road, line their pockets and stay in power.
Truly, the "line in the sand". There would be bloody physical removal of elected officials.......with ZFG, for all those dragged out and hung. |
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Posted: 3/28/2019 7:51:36 AM EST
[#24]
They are taking your 401k everyday that the dollar inflates. You don't even realize it.
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Posted: 3/28/2019 7:55:13 AM EST
[#25]
Quote HistoryQuoted:
Step 1. Ignore any user or website that tells you the fed is going to seize 401ks. (as they clearly have no idea what a 401k is.) |
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Posted: 3/28/2019 7:57:18 AM EST
[#26]
Oooh lets all sit around and worry about something like old women
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Posted: 3/28/2019 7:58:48 AM EST
[#27]
Quote HistoryQuoted:
They won't just take it, they will take it. Imagine if all your investment accounts were taxed at 20-40% or so each year. |
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Posted: 3/28/2019 10:08:34 AM EST
[#28]
Quoted:
I don’t see how this could work - most money is in stocks and bonds and all based on good faith and speculation. Wouldn’t that instantly devalue everything in said accounts? |
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Posted: 3/28/2019 10:13:25 AM EST
[#29]
Quote HistoryQuoted: On who? Not being a dick. The bank? Your investment advisor? Cops? Mayor? ??????? Seriously |
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Posted: 3/28/2019 10:13:50 AM EST
[#30]
starts a civil war
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Posted: 3/28/2019 10:17:37 AM EST
[#31]
Quote HistoryQuoted:
Oooh lets all sit around and worry about something like old women 
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Posted: 3/28/2019 10:26:36 AM EST
[#32]
Quote HistoryQuoted:
They are taking your 401k everyday that the dollar inflates. You don't even realize it. You can defend yourself, to a degree. Taxation is just a straight gut punch, and the only logical move is to somehow get on on the titty or try to out-accelerate taxation by working extraordinarily hard. |
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Posted: 3/28/2019 10:26:48 AM EST
[#33]
Anyone here know if arfcom offers padded cushions with the logo on it? Sitting on all these square edged bars of gold is getting uncomfortable without some cushion.
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Posted: 3/28/2019 10:28:50 AM EST
[#34]
It will be a case of for every $2 you withdraw from your 401k they reduce your SS payment a $1 and give that to someone without
a 401k. Most people going into retirement won't have a 401k or if they do it amounts to like 10's of thousands of dollars instead of the many 100's of thousands it needs to be. The majority is going to vote to screw the minority who did the right thing. I know what's coming but I still try to do the right thing. 8nBAIT |
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Posted: 3/28/2019 10:32:08 AM EST
[#35]
We should definitely expect this in the future. The left isn't even trying to hide their true communist intentions anymore.
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Posted: 3/28/2019 4:55:12 PM EST
[#36]
Quote HistoryQuoted:
A long time ago, I went to hear one of the original authors of the 401k system speak and he said that once .gov sees how much $ is in 401ks they will figure out how to take it. it's posited by folks who don't understand how equity and credit markets work. |
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Posted: 3/28/2019 4:59:40 PM EST
[#37]
From an acquaintance....
I've been hearing about the plan to take all 401K's and 'peanut butter' it out so that all people get benefits weather they contributed or not. For the most part I believe it to be Republican scare tactics that, as I understand it, would be impossible to pull off at even a reduced level. Where the 'rub' is, is that 401K monies belongs to you, not the government. Same with IRA's and as such, like your home, cannot just be grabbed. All of the 401K investments are in mutual funds and equities that would completely collapse without these investments. Our 401K funds are actually held by the companies invested in, not banks. I read some articles on it couple years ago even the authors admit that it is pretty far fetched and falls more into the conspiracy theory section, but that isn't to say it is impossible, just not in the near future. Of course, who would have thought Obama-care could ever be enacted without a vote of the American people. |
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Posted: 3/28/2019 5:02:15 PM EST
[#38]
Quote HistoryQuoted:
From an acquaintance.... I've been hearing about the plan to take all 401K's and 'peanut butter' it out so that all people get benefits weather they contributed or not. For the most part I believe it to be Republican scare tactics that, as I understand it, would be impossible to pull off at even a reduced level. Where the 'rub' is, is that 401K monies belongs to you, not the government..... |
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Posted: 3/28/2019 5:08:51 PM EST
[#39]
Quote HistoryQuoted:
Oooh lets all sit around and worry about something like old women Have you not been paying attention to the evil shit they do? They don't give a hoot about you or me. Only power and wealth for them, not us. Remember Cypress? |
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Posted: 3/28/2019 5:18:09 PM EST
[#40]
Quote HistoryQuoted:
The ones who would wrong us in this hypothetical situation are well protected and people will say they were duly elected by the people. Quote HistoryQuoted:
Quoted:
Well, if someone wrongs you you dont take it out on their neighbor do you? |
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Posted: 3/30/2019 10:38:03 PM EST
[#41]
Quote HistoryQuoted:
ROFL, I thought this part was hilarious. Quote HistoryQuoted:
Quoted:
From an acquaintance.... I've been hearing about the plan to take all 401K's and 'peanut butter' it out so that all people get benefits weather they contributed or not. For the most part I believe it to be Republican scare tactics that, as I understand it, would be impossible to pull off at even a reduced level. Where the 'rub' is, is that 401K monies belongs to you, not the government..... |
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Posted: 3/30/2019 11:17:58 PM EST
[#42]
What if the Fed started buying stocks and controlled the pricing to allow the debt to continue to grow at a pace such that average investors didn’t realize the stocks were over valued grossly as inflation was to take off at some point?
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Posted: 3/31/2019 5:07:45 AM EST
[#43]
Quote HistoryQuoted:
What if the Fed started buying stocks and controlled the pricing to allow the debt to continue to grow at a pace such that average investors didn’t realize the stocks were over valued grossly as inflation was to take off at some point? so have at it -- mortgage another house, mortgage farmland, obtain capital loans for your business, and so on. the more debt the better. ar-jedi |
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Posted: 3/31/2019 5:42:51 AM EST
[#44]
Best things you can do for your retirement:
Be completely out of debt. Own a home that is well within your means. Multiple sources of retirement income and investments. Do your best to take care of physical well being (things within your control - diet, exercise, recommended physical evils, etc.). While nothing is guaranteed you at least can be in a position to live well off of very little. Health issues more often than not derail even the best retirement plans, but absent those, it would not take much to live a comfortable life style if the items above are taken care of. Debt, including a mortgage or need to rent, will greatly decrease the effectiveness of a fixed income in retirement. Then of course reliance on only SS is a sure recipe for a shitty retirement. |
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Posted: 3/31/2019 5:45:00 AM EST
[#45]
They won't seize your 401K.
What I envision them doing is holding back much, or all of your Social Security, to distribute to people with no 401K's. |
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Posted: 3/31/2019 5:45:09 AM EST
[#46]
They will take the 401's in a way no one has mentioned.
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Posted: 3/31/2019 9:34:05 AM EST
[#47]
Quote HistoryQuoted:
They won't just take it, they will take it. Imagine if all your investment accounts were taxed at 20-40% or so each year. |
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Posted: 3/31/2019 9:38:13 AM EST
[#48]
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Posted: 3/31/2019 10:07:42 AM EST
[#49]
Quote HistoryQuoted:
They won't just take it, they will take it. Imagine if all your investment accounts were taxed at 20-40% or so each year.   
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