Posts Tagged ‘government takeover of IRAs’
Posted by Larry Doyle on November 29th, 2012 2:53 PM |
With so much attention on the fiscal cliff and how Congress might address the issues surrounding our deficit, this commentary from this past April is going absolutely viral throughout the blogosphere today. I welcome reposting it. LD
Those engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch.
With deficits beyond the scope of imagination but oh so very real, I cautioned people to keep a watchful eye on Uncle Sam. Where might the old man go to beg, borrow, or steal money to fill that enormous fiscal hole? Your retirement accounts. (more…)
Tags: government takeover of IRAs, government takeover of retirement accounts, will Uncle Sam takeover retirement accounts
Posted in General | 11 Comments »
Posted by Larry Doyle on April 24th, 2012 7:23 AM |
Those engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch.
With deficits beyond the scope of imagination but oh so very real, I cautioned people to keep a watchful eye on Uncle Sam. Where might the old man go to beg, borrow, or steal money to fill that enormous fiscal hole? Your retirement accounts. I first broached this topic in early 2010 in writing, Blueprint for Government Takeover of IRAs and Will Uncle Sam Takeover Your IRA?.
Fast forward and we now witness rumblings around Washington that the drunken sailors disguised as our political leaders are discussing how to make a move on your retirement savings. (more…)
Tags: 401Ks government takeovers, assault on Americans savings, Feds Eye Retirement-Fund to Cut Deficit, government scam, government takeover of IRAs, government takeover of our savings accounts, government takeover of retirement accounts, GSA scandal, Internal Revenue Service, IRAs government takeover, irs, New York Post, redistribution of incomes, retirement savings, Secret Service scandal, Solyndra, taxation without representation is tyranny, White House gallivanting, Will Uncle Sam Takeover Your IRAs Part II, William Gale economist
Posted in General, IRAs | 17 Comments »
Posted by Larry Doyle on November 29th, 2010 7:34 PM |
Might Uncle Sam try to take control of our retirement assets?
“What’s that, LD? Lose control of our retirement assets?” That is, could the “grand ol’ man” unilaterally swap our retirement assets for government sponsored IOUs?
This past January, a regular reader of Sense on Cents provided us a Blueprint for Government Takeover of IRAs. In February, I interviewed Ron Holland regarding his report, “Plan Now to Escape Obama’s Retirement Trap.”
Many readers of the aforementioned commentary and listeners to the aforementioned interview were blown away by the mere thought that our government may possibly look to nationalize our individual retirement assets and accounts. Argentina implemented such a drastic policy but certainly not the United States, right? Do not be so sure.
Would any other nations dare go to these lengths? Well, thanks to our supporter Comrade Joe for bringing a new development to light in this corner of our economic landscape. How so? (more…)
Tags: Argentina nationalization of pensions, Attila Eszes, budget deficits, David nemeth of ING Groep, Donald tusk, government takeover of IRAs, Gyorgy matolcsy, Hungary, Hungary Follows Argentina in Pension Fund Ultimatum, Hungary Poland Lithuania Argentina, Hungary to nationalize pensions, Hungary ultimatum, its a nightmare scenario, Julianna Baba, long term liabilities, open blackmail, pension accounts, pension funds, Plan Now to Escape Obama's Retirement Trap, public debt, retirement assets, This is open blackmail, Uncle Sam
Posted in General | 2 Comments »
Posted by Larry Doyle on February 21st, 2010 8:02 AM |
UPDATE: This episode of NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode in its entirety by clicking the play button on the audio player provided below. Once the audio begins, you can advance or rewind to any portion of the episode by clicking at any point along the play bar.
Is Barack Obama preparing to take over your retirement accounts? Far fetched? Think again. This idea is not only being bandied about around Washington but elsewhere around the world, as well.
Are we to stick our heads in the sand and hope it doesn’t happen? That is no way to properly navigate the economic landscape. Where can you go to learn more about this potential economic and financial bombshell? You have come to the right place as tonight from 8-9pm ET No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Ron Holland. Who is Ron Holland? >>> (more…)
Tags: defender of liberty Ronald Holland, diversification, exploding national debt, fall of the dollar, government annuities, government financing our national debt, government takeover of IRAs, government takeover of retirement accounts, government takeover of retirement funds, how will government finance our debt, IRA takeover, IRA takeover by government, IRAs, Plan Now to Escape Obama's Retirement Trap, proponent of freedom Ronald Holland, retirement accounts, Ron Holland, Ronald Holland, Ronald Holland interview, The Swiss Mountain Vision Newsletter Ronald Holland, threat to liberty, why buy gold
Posted in General, IRAs | No Comments »
Posted by Larry Doyle on February 19th, 2010 11:06 AM |
Is the launch of government sponsored annuities a precursor to the formal takeover of your retirement accounts by Uncle Sam?
The groundwork for this possibility is being laid by the powers that be in Washington. Will it come to fruition? Only time will tell, but did you think developments over the last 18 months would ever happen? While we can hope for the best, we should prepare for the worst — including the potential reality of having Uncle Sam take control of your retirement accounts. (more…)
Tags: Barack Obama takeover of retirement accounts, BusinessWeek article Mandatory IRAs May Burden Small Employers, government sponsored annuities, government takeover of IRAs, IRA takeover by government, IRAs 401Ks, Mandatory IRAs, Molly Brogan of National Small Business Association on retirement mandates, nationalization of retirement accounts, Otto van Bismarck thumb on purse, retirement accounts, Ron Holland The Coming Obama Retirement Trap Has Started, Thomas M. Schmidt on retirement accounts, will government takeover retirement accounts
Posted in General, IRAs | 11 Comments »
Posted by Larry Doyle on January 11th, 2010 12:05 PM |
An individual whom I highly respect submitted this commentary and requested I publish it. Given the respect I have for him, the depth of his perspectives, and the serious nature of this topic, I am happy to provide an outlet via Sense on Cents for his thoughtful analysis and projections. This commentary and the implications as outlined should give us all reason to pause and think.
LD
Blueprint for Government Takeover of IRAs by Comrade Joe
This blueprint is imaginary; the references are factual. Let’s connect the dots:
1. Learn from Argentina (Oct 2008):
Argentina’s Property Grab – A cautionary tale for anyone who owns a retirement account. – Argentine President Cristina Kirchner announced this week that her government intends to nationalize the country’s private pension system. If Congress approves this property grab, $30 billion in individually held retirement accounts — think 401(k)s — managed by private pension funds will become government property. – Wall Street Journal 10/23/2008
2. Study Professor Teresa Ghilarducci’s Paper (Oct 2009): (more…)
Tags: 401-Ks, Argentine President Cristina Kirchner, government annuities, government takeover of 401-Ks, government takeover of IRAs, Guaranteed Retirement Accounts, Guaranteed Retirement Accounts in Carolina Journal, IRAs, nationalization of pension system, Professot teresa Gghilarducci's paper October 2009, teresa Ghilarducci of New School for Social Research, Theo Francis, will government mandate takeover of pensions, will government takeover pensions, will government takeover retirement accounts
Posted in General, IRAs | 7 Comments »
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