4um: Roger Mason's July Economic Rant

Title: Roger Mason's July Economic Rant
Source: [None]
URL Source: http://www.economicrant.com/current-article.php
Published: Jul 31, 2015
Author: Roger Mason
Post Date: 2015-07-31 22:12:08 by christine
Keywords: None
Views: 121
Comments: 7

Ron Paul is still working with huckster Porter Stansberry selling his soul for money. He is old, doesn't have long to live, and is a multi-millionaire. His new ad is www.ronpaulmessage82.com. Still selling that worthless book America 20/20.

Anytime you don't see a time bar at the bottom of a video, you know it's a scam. You order a $5.00 book, but then you get hit with a $99.00 bill for the newsletter. You get their equally worthless newsletter whether you want it or not. These people should all be in jail. This book is terrible and full of information. Yes, the ad sounds great, but it's all sizzle and no steak here. Why did he sell out? Why does he support his disgraceful son neocon Zionist sock puppet Rand?

That's right- they just stole the life savings of everyone in the country. Now they're all broke. They will give them worthless government paper in return. This is going to happen here folks. If you still have a 401k or IRA you deserve to starve in the streets when it does happen. Dump your retirement account, take the penalty and buy physical silver bullion. Other countries have already done this and it's coming here to America.

Donald Trump is a far left Democratic narcissist pretending to be a Republican. This is just too ridiculous for words. He is best friends with the Clintons and has contributed to Hillary generously. He has contributed to Zionist Senator Charles Schumer. He is now leading the presidential hopeful pack and far ahead of Jeb "I married a Mexican" Bush. All the "controversy" is merely free publicity for him. He is all for open immigration. The real point is he wants to ruin the Republican vote so Hillary can be president. He may run as a Third Party candidate to do this. He wants to ban semi-automatic rifles, falsely calling them "assault weapons". An assault weapon is fully automatic of course. All his rhetoric is fake, but the sheeple lap it up. His daughter and son both married Jewish spouses. Ivanka married into the billionaire Kushner family and converted to Judaism. Of course you can't "convert" since Judaism is a race, not a religion. His grandchildren are therefore Jewish. Eric married Lara Yunaska, and will have Jewish children. Trump is a huge friend of Israel and Satanyahu, and does TV ads in Hebrew supporting him.

Hillary is not your next president. Satan's Sister, the Whore of Babylon, the Wicked Witch of the West is dying of cancer(s) and other terminal diseases. The stress of campaigning is overwhelming. She is doing this for the attention and the money. The Democrats simply have no one to run. In 2016 she will announce she, "was just told by my doctor" she has cancer and must drop out of the race. Then all her fellow Democrazies will cry big crocodile tears for her, and pretend how heartbroken they are. The fact America would elect her as president in 2016 proves this is End Times.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Can't remember if I'm the only one her who finds Stansberry dubious (and can't remember why at this moment), but it's refreshing to see him dissed here. Thanks for exposing Strump all over again too -- easy to imagine him handing us president Bernie instead of Hellary. The default position is that it all goes to hell one way or another.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

No, I find Stansberry garbage; it took me weeks go recover several Ks of dollars from one of his scams.

There is approximately 8 Trillion dollars in retirement accounts in this country, a very large cashe that the re distributors will love to redistribute. JMO

House discusses 401k/IRA confiscation

Submitted by midtowng on Fri, 11/07/2008 -

This shouldn't surprise anyone who watched what happened to Argentina in 2001. Eventually the government is going to do this.

Democrats in the U.S. House have been conducting hearings on proposals to confiscate workers’ personal retirement accounts — including 401(k)s and IRAs — and convert them to accounts managed by the Social Security Administration.Triggered by the financial crisis the past two months, the hearings reportedly were meant to stem losses incurred by many workers and retirees whose 401(k) and IRA balances have been shrinking rapidly.
...
GRAs would guarantee a fixed 3 percent annual rate of return, although later in her article Ghilarducci explained that participants would not “earn a 3% real return in perpetuity.” In place of tax breaks workers now receive for contributions and thus a lower tax rate, workers would receive $600 annually from the government, inflation-adjusted. For low-income workers whose annual contributions are less than $600, the government would deposit whatever amount it would take to equal the minimum $600 for all participants.
In a radio interview with Kirby Wilbur in Seattle on Oct. 27, 2008, Ghilarducci explained that her proposal doesn’t eliminate the tax breaks, rather, “I’m just rearranging the tax breaks that are available now for 401(k)s and spreading — spreading the wealth.”
All workers would have 5 percent of their annual pay deducted from their paychecks and deposited to the GRA. They would still be paying Social Security and Medicare taxes, as would the employers. The GRA contribution would be shared equally by the worker and the employee. Employers no longer would be able to write off their contributions. Any capital gains would be taxable year-on-year.
Analysts point to another disturbing part of the plan. With a GRA, workers could bequeath only half of their account balances to their heirs, unlike full balances from existing 401(k) and IRA accounts. For workers who die after retiring, they could bequeath just their own contributions plus the interest but minus any benefits received and minus the employer contributions.
Another justification for Ghilarducci’s plan is to eliminate investment risk. In her testimony, Ghilarducci said, “humans often lack the foresight, discipline, and investing skills required to sustain a savings plan.” She cited the 2004 HSBC global survey on the Future of Retirement, in which she claimed that “a third of Americans wanted the government to force them to save more for retirement.”

House discusses 401k/IRA confiscation | The Economic Populist

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

100% chance the government will confiscate your private wealth as it collapses

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY