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 your retirement funding.
Good luck to you all who keep your money in your IRAs. Don’t cry that you weren’t warned when it happens in totality.
From Truth in Gold:
If the economy is so fragile that the government cannot allow failure, then we are indeed close to collapse – Seth Klarman, money manager, via Zerohedge
We’ll know the collapse is coming sooner rather later when CNBC’s viewership plummets to nothing – Dave and Friend of Dave circa mid-2002
Plugin by: PHP Freelancer
