Tag Archives: 401K

401K & IRA CONFISCATION GETTING CLOSER

Don’t say I didn’t warn you about your 401k’s and IRA’s.  Orrin “Magic Underwear” Hatch has introduced legislation to “create a new public retirement plan in which insurance companies pay benefits through annuity contracts”. Now it’s the Government’s turn to takeover … Continue reading

Posted in Editorial, Financial | Tagged , , | Leave a comment

Obama Begins Push For New National Retirement System

It may be time to take the tax hit and withdraw funds from private retirement accounts before they are forced into long term T-bonds. The Obama administration is reportedly quickly moving on plans to nationalize private 401k and IRA retirement … Continue reading

Posted in Editorial, Financial | Tagged , , , | 5 Comments

LIKE SPAIN, THE FED & TREASURY WILL PULL OUT NUCLEAR OPTION & RAID PRIVATE PENSION FUNDS

The greatest issue facing us in the short pull is the very real potential of our Federal government having a failed bond auction. They may have to buy up large amounts of existing Federal debt when rates are climbing.   If … Continue reading

Posted in Editorial | Tagged , , | Leave a comment

Want a Secure Retirement? Join a Union or Work for the Government

The approximate $4 trillion invested in private retirement plans is now in the crosshairs of the administration. This confiscation has been discussed over the past four years but the “fiscal cliff” may be the excuse to accomplish the final phase … Continue reading

Posted in Editorial | Tagged , , , | 1 Comment

OBAMA BEGINS PUSH TO CONFISCATE IRA’S & 401K’S

It may be time to take the tax hit and withdraw funds from private retirement accounts before they are forced into long term T-bonds. The Obama administration is reportedly quickly moving on plans to nationalize private 401k and IRA retirement … Continue reading

Posted in Editorial, Financial | Tagged , , , | Leave a comment

401K WITHDRAWAL PETITION TEMPLATE – ANN BARNHARDT

I wish that the following article from Ann Barnhardt had been posted a month ago when I withdrew 100% of my IRAs to protect them from being stolen by the government. Never look back. David DeGerolamo   POSTED BY ANN … Continue reading

Posted in Editorial, Education, Financial | Tagged , , , | Leave a comment

THE 401K CONFISCATION: THE GHILARDUCCI PLAN – ANN BARNHARDT

POSTED BY ANN BARNHARDT – AUGUST 4, AD 2012 PREFACE: I originally posted this on May 6, 2010. Just for giggles, I looked up the gold and silver markets on May 6, 2010. Gold: $1170 per ounce 5/6/2010, $1603 yesterday  … Continue reading

Posted in Civil Unrest, Editorial, Financial | Tagged , , , , , | Leave a comment

On 401Ks – Ann Barnhardt

POSTED BY ANN BARNHARDT – AUGUST 3, AD 2012 401k plan of attack: 1. STOP MAKING CONTRIBUTIONS if you haven’t already. 2. Liquidate it. Pay the “penalty”. Would you rather pay a penalty or have it all stolen? Or possibly … Continue reading

Posted in Editorial, Financial | Tagged , , | 1 Comment

Whose Money Is It?

In another example where the Federal government believes that individual assets are their property, a bill to limit access to 401(K) retirement accounts will be introduced today. Our founding fathers knew that the right to have secure personal property was … Continue reading

Posted in Editorial | Tagged , , | 1 Comment