How the US government will seize your retirement account | Sovereign Man
Retirement accounts: Regulated investments so the gov’t and Wall Street can influence where your money GOES and where it IS.
IE, it GOES into… Wall Street!
It IS…. where the gov’t can get its hands on it!
Some types of tax deferred accounts, you can manage them yourselves thru an online trading account. But afaik you are still constrained to the abstracted and imaginary matrix of Wall Street, ETF’s, equities, etc.
In any case, might be time to consider drawing your money out now, and laying it aside as either cast, or into hard investments like real estate, precious metals, survivalism gear in the case of natural disasters, unrest, etc, or even just paying off debts.
The best thing you could do with your money, of course, is to invest it with God by giving it away.
He who gives to the poor LENDS to the LORD
You might not get paid back till That Day, which actually would probably be a best case scenario in the long run. But money will stick to the people who are right now cultivating generosity.
This dynamic will become more and more important as the fundamentals of society begin to be squeezed and shaken.
Anyways, folks might want to look at what is going on in other Western democracies and plan for it to happen here in the USA at some point probably not so far into the future.
Don’t let that ‘tax bite’ scare you off. That tax bite now will be far less than what the Gov’t leaves you if they plunder your IRA to pay for entitlement programs.
You can always buy gold and silver… physical, of course.
Don’t rush out, necessarily, but be aware. This stuff may or may not be coming to the USA, but maybe you should put your assets where they cannot get them so easily. At least make them work for it!
h/t: LewRockwell.com
