tag:blogger.com,1999:blog-22657443.post3702521047067360172..comments2023-12-31T03:18:37.403-06:00Comments on "E pur si muove!": Demos Discuss Confiscating Your IRA and 401kLester Hunthttp://www.blogger.com/profile/14746157071827337723noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-22657443.post-45399960538629296102010-11-12T08:33:48.588-06:002010-11-12T08:33:48.588-06:00I guess so, but at any rate it looks like this ide...I guess so, but at any rate it looks like this idea's time came and went.<br /><br /><br />It seems to have blown over.Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-86458257009510170072010-11-12T01:57:30.853-06:002010-11-12T01:57:30.853-06:00Would ROTH IRA's also be included in this take...Would ROTH IRA's also be included in this takeover ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22657443.post-64925198278018121492008-11-16T21:00:00.000-06:002008-11-16T21:00:00.000-06:00Someone said, or should have said, of government t...Someone said, or should have said, of government that it is nothing more than the radical redistribution of previously stolen goods.<BR/><BR/>Kyle.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22657443.post-76078865153667291282008-11-15T15:42:00.000-06:002008-11-15T15:42:00.000-06:00This was recently tried in Argentina to truly disa...This was recently tried in Argentina to truly disastrous effect - the government nationalized the 401ks (or their equivalents) promising reasonable pay-outs, except that it became difficult for the government to adjust these to inflation, which was rapidly increasing. People are marching in the streets there over this, many have lost their life savings essentially.<BR/><BR/>I believe it is George Miller who is shopping this idea around in Washington. He's said that the 401ks are a 'failed experiment'. We will follow your lead, Lester, if it comes to this level of financial theft. The Cayman Islands is still viable - especially if you don't do a wire transfer. You just take your cash and stow it aboard a sailboat, and head down. :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22657443.post-46960211105869003112008-11-15T11:48:00.000-06:002008-11-15T11:48:00.000-06:00It does seem too crazy a thing for them to do. Th...It does seem too crazy a thing for them to do. That's my one hope, at the moment. But long ago I noticed that what seems sane or insane to me is a very poor predictor of what people will do or not do. Especially Democrats. And Republicans, of course.Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-23653866811465603542008-11-14T18:23:00.000-06:002008-11-14T18:23:00.000-06:00Perhaps cooler heads will prevail in DC when they ...Perhaps cooler heads will prevail in DC when they realize how many people will be following your lead, and emptying out their 401k accounts. There may not be a lot left to seize if they try this, not to mention the fact that the Dems would face hell for it from the voters. Of course, by this point, they may be thinking that they're invincible. Well, you know what they say follows hubris.Anonymousnoreply@blogger.com