Comments on: Why the Government Wants to Hijack Your 401(k)

By: Mike

Mike — Sat, 24 Sep 2011 17:53:43 +0000

Wow…spoken like a true sheeple. Maybe they can sell you a bridge in Brooklyn for your 401K proceeds.

By: NICOLE

NICOLE — Tue, 09 Aug 2011 18:43:22 +0000

LOOK IT HAPPENED ON 8/8/11 — THEY ALREADY TOOK 998.00 OF MY 401K. IS THIS A CRISIS OR A ROBBERY??? WAKE UP PEOPLE

By: MIke M.

MIke M. — Thu, 14 Jul 2011 00:20:22 +0000

I firmly believe now is the time for the American people to have themselves a "FULL SCALE REVOLT" against our elected establishment! I earned my savings and retirement and no government is going to take it from me! I will protect my property and money to the fullest extent of my abilities!

We need to go in and remove ALL the elected folks and replace them with level-headed, God Fearing people who have some common sense!

By: Ray

Ray — Sat, 05 Feb 2011 01:17:23 +0000

There are no "Free Markets". Markets are controlled by a few to suit their own means.
90% of the wealth in this country is owned by 2% of the population. Where is the free in this?
People really need to do some research.

By: James

James — Sun, 09 Jan 2011 12:40:47 +0000

We need to make sure that pensons dont become means tested. In other words, when you apply for your pensions, these arent provided on the basis of what you need, rather than what you have purchased. Next, we need to be sure that immigrants (we are about to be swamped by Asian benefit cheats, just look at the UK) only draw out as much as they contribute. If you look at Western cultures around the world, these two issues are dominating the pension debate.

By: bonbon

bonbon — Thu, 02 Dec 2010 14:26:33 +0000

You'll be singing a different tune when you cannot afford your utility rates because your Messiah is so heavily interested in redistributing your money to foreign nations. Seriously, when are you idiots going to wake up?

By: patriot77

patriot77 — Tue, 02 Nov 2010 18:41:59 +0000

Very well said, Freethinking. Your command of the english language is impressive. You must have finished at least the fifth grade, right? What is a "drunken sailors in a sheep clothing"??

By: Jacqueline

Jacqueline — Mon, 25 Oct 2010 21:12:19 +0000

Deborah: Clinton was a better president than Reagan, it is due to Reaganomics and his foreign policies and NAFTA that so many of our jobs have gone to CHINA and OTHER PLACES IN THE MIDDLE EAST AND ASIA. If anyone here sounds ignorant it is you. Why don't you go read a little bit. The blame is on both sides of the road, not just on one.

By: dd

dd — Wed, 01 Sep 2010 15:16:59 +0000

frm dd

By: Deborah

Deborah — Sat, 14 Aug 2010 13:14:11 +0000

The people who constantly recite the "Blame Bush for all" mantra obviously only just started watching TV in the past 18 months. They need to go back and study Woodrow Wilson and FDR' policy where all this BIG government spending started. And Jimmy Carter was the one of the worst president's (other than Clinton) that we've had since.. (not including present). FYI, Freethinking you really make yourself sound ignorant.

By: Matt P

Matt P — Mon, 12 Jul 2010 19:54:47 +0000

I have to say that I voted for GW Bush the first term and watched as he messed up everything he put his hands on. We invaded a country on false pretenses (Iraq) and have plundered untold fortunes to no end. I can only imagine that it was done as a means to get their hands on and control the flow of oil. I watched as Bush ruined relations with several former friendly nations and pretty much turned the world against us. I watched as the government deregulated everything under the sun so the people in control could profit from it and swindle the investers. I voted for Obama and I do not see anything change except the face of the head crook. We are so far in debt and not one polotician has the balls to say stop spending. Sure many do say things like that but they really mean stop spending except on things that will make me money or get reelected. Obama's scheme to have health care pay for itself is a farse from the get go. I watched as they change health care and it's worse than it was before. The only plans I see being talked about are plans to spend massive amounts of money that we do not have to bailout corperate america from its bad investment binge.

It seems to me that no matter what party is in office we are in for more of the same. I have voted all my life and tried to read the fine print before doing so. All I get is lies lies and more lies.

I have had enough! Our great country is being manipulated to hell in a handbag so corperate top brass can profit. If you think your going to take my hard earned 401K to futher this stinking BS your mistaken.

By: pat

pat — Tue, 06 Jul 2010 20:13:45 +0000

I watch the news every day; all day long but have not heard about the threat to our 401K's!

I am vehemently opposed to anything the gangster Obama plans. I think our country is being run by crooks! Look how the DOJ has handled the black panther voter intimidation case. They cover up and lie to us and think we are too dumb to know the difference.

What do I do with my pitiful 401K now? How can I keep it out of Obama & Co's hands?

By: pat

pat — Tue, 06 Jul 2010 20:07:30 +0000

honestann…thanks for the info. wish you could tell me more.

By: pat

pat — Tue, 06 Jul 2010 20:02:23 +0000

WOW…You need to chill.

By: Robert Leigh

Robert Leigh — Fri, 16 Apr 2010 07:06:25 +0000

What a great idea. People have been fooled into believing that their only investment options are in the Wall Street Casinos. Since I've started my own business, I've begun researching alternative investments for my money. Why would I want to give some corporation my money to spend how ever they choose. Wall Street is fighting regulation now because they are a bunch of crooks who want to continue their business as usual. Corporatism is fascism. People need new alternatives to putting their retirement money into big executive bonuses. Bonuses are made of money stolen from investors.

By: Brenda P

Brenda P — Wed, 31 Mar 2010 01:50:22 +0000

Mr. H.
"The Commies will have the world under control only after my death."
It sounds like maybe you are close to the end of the journey – let's hope not – however the unfortunate part is that the "commies" at least are up front and obvious – the groups you mention are already in control and the plan is already in place and due to be implemented probably in the reasonably near future – but perhaps you meant that you would try to stop or deter their plan – in that case your statement is most likely true -assuming you are labeling the other groups as commies. I really appreciate the sentiment of getting cash for your 401K but when the currency is REPLACED what good will that do you – I guess you could use it as toilet paper.

By: Monte Forney

Monte Forney — Tue, 30 Mar 2010 15:32:45 +0000

While capital punishment is appealing it may not be enough. I propose we start manufacturing old fashioned STOCKS with the intent of placing most of our politicians and presidential appointed hacks on public display for several years. We should appease whats left of the ACLU by slopping them with gruel lest they become hungry. The big kahuna? Send him home to either Kenya or Indonesia with his guidon properly inserted and held with super glue.

By: Aquaflyer

Aquaflyer — Tue, 23 Mar 2010 13:19:06 +0000

Honstann,

I am new to the money morning newsletter and just read some of your posts.
I like your way of thinking and was wandering if you may share some of your financial ideas with me?

Jeff K
Tampa, FL

surfclicksave@yahoo.com

By: John Otradovec

John Otradovec — Mon, 22 Mar 2010 11:38:44 +0000

This is the most corrupt govt. that has ever been in control of this US.These communists are generating one lie after another.They claim they are saving all this money by removing 500 billion from Medicare,taking 21% out of payments to physicians,making young people buy medical insurance they don't want and then stuffing their pockets with money which will eventually become useless.They also perpetuate this lie that Bush wanted to put all S.S. I into Wall Street. He only stated he wanted to put 3% of S.S.I into Wall Street. These communists never learned how to compute in percentages.

By: honestann

honestann — Fri, 19 Mar 2010 00:42:05 +0000

Speak for yourself. A few of us have been diligently and energetically explaining what has been happening for decades, and have been considered wackos by all until recently, and sadly are considered wackos by most still. In a screenplay I wrote in 1968 I coined the term USSA in a story where the country actually changed its name in the year 2025. I wonder, will it really take that long? No god will save you, I can absolutely guarantee of that, because fantasy is fantasy, not reality. Neither SantaClaus (for kids) or "god" (for adults) exists. And even if I was wrong about that, which I'm not, notice that your "god" doesn't meddle... seems he's watched StarTrek and totally adopted their prime directive (do not interfere, no matter what). BTW, one of the BIGGEST reasons american idiots let the predator-powers-that-be get beyond the point of no return is... they wait for "god" to take care of it, rather than taking responsibility for their world and doing something about it. That plus their tendency to support authoritarianism, as indicated by their explicit adoption of the most extreme form of authoritarianism conceivable, namely "god", the supposed ultimate authority.

By: honestann

honestann — Fri, 19 Mar 2010 00:33:01 +0000

Yes! Congrats to one of the one-in-a-million folks who still are willing to do what it takes to protect themselves from the predators gone wild AKA governments of the USSA and its states. Yes, it hurts to lose a percentage of your money by cashing out, but put your money into gold and you'll do just fine as the US dollar (and all fiat currencies) go the way of the dinosaurs over the next 5 years or so.

By: honestann

honestann — Fri, 19 Mar 2010 00:24:07 +0000

How can we stop them? Answer: Never put money into retirement accounts in the first place. Answer: If you did put money into retirement accounts, remove all that money NOW. Either pay the penalties, or better yet avoid penalties altogether by investing your funds in foreign real-estate or some other investment that is thoroughly outside the reach of the the feds. That is not easy, but can be done. I say "foreign real estate" because it is inherently "non-divisible" - so even if they pass a law that says you must give them your retirement funds, it will almost certainly not include "non-divisible" assets like a single chunk of real-estate with a single deed. Stop being whining children and take whatever medicine is required to "deal with it", even if you must take some losses to achieve your freedom and independence from the predator powers-that-be.

By: Paul

Paul — Mon, 15 Mar 2010 17:35:49 +0000

What an idiotic thing to say, Freethinking. did you actually read what you wrote?

By: Keith Thieman

Keith Thieman — Sat, 27 Feb 2010 16:01:48 +0000

Fellow Americans..we are to blame for what is upon us. When you put your blinding trust in people to care for you and manage your assests with strict oversight and when evil hearted people are not keep at check you get what you deserve. We have seen our leaders for years go on these Sunday morning talk shows and dodge questions, misrepresent truth and throw shadows over good ideal and we eaxct no consequence upon them…we get whats coming to us. We must return as a nation to God..he is the ONLY ONE who can save us now.

By: Douglas Gross

Douglas Gross — Thu, 25 Feb 2010 16:26:28 +0000

Actually Tea Party members are mostly mad at the Bush Presidency for out of control spending and the fact that he started all this stimulus spending just before he left office, opening the door for Obama to continue passing stimulus bills. Most Tea Party members are dissatisfied with the Republican Party. Although the Democratic Party and its media constituents initially tried to portray the Tea Party protests and health reform protests on the Republican Party, even much of the liberal media has been forced to acknowledge that the majority of these protesters are not what you would call GOP loyalists.