Comments on: Will the Feds Fund Deficits with 401(k)s? http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/ Whiskey and Gunpowder features articles on gold, oil, currencies, emerging markets, energy, and more. Sat, 26 May 2012 19:05:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: I’m from the Government and I’m here to help…take all your money… « Crash The Machine http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5551 I’m from the Government and I’m here to help…take all your money… « Crash The Machine Mon, 15 Feb 2010 15:25:19 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5551 [...] http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/ [...] [...] http://whiskeyandgunpowder.com.....ith-401ks/ [...]

]]> By: B.K. Foster http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5197 B.K. Foster Sat, 23 Jan 2010 20:21:01 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5197 Hello Gary, I had printed out Dan Denning's 18 Jan 2010 article "Will the Feds Fund Deficits with 401(k)s?" for my wife to read. I did not save the e-mail, though, and my wife saw the Shooter's question regarding cashing out his IRA. Unfortunately, I don't have your response. Would you be so kind to forward your response, for my wife to read? Thanks very much, B.K. Foster P.S. Enjoy your newsletter and guest articles. Hello Gary,
I had printed out Dan Denning’s 18 Jan 2010 article “Will the Feds Fund Deficits with 401(k)s?” for my wife to read. I did not save the e-mail, though, and my wife saw the Shooter’s question regarding cashing out his IRA. Unfortunately, I don’t have your response. Would you be so kind to forward your response, for my wife to read?
Thanks very much,
B.K. Foster

P.S. Enjoy your newsletter and guest articles.

]]> By: Linda Brady Traynham http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5121 Linda Brady Traynham Wed, 20 Jan 2010 12:25:59 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5121 Dear Let's Keep It Anonymous: It is easy to tell you are a male and do not do the primary shopping for your household.: I would not be surprised by a combination of what our dear leader did in North Korea and what Hugo did to Venezuela--both of them recently. The name of the game is to devalue first but make it look like something else if you can, which neither Kim Jong Il nor Sr. Chavez managed. What is most wrong with the "annuity" is that it will not be voluntary. The second most deleterious factor is that you don't want to be stuck on a fixed income in times of high inflation. Nothing good can come of letting the Feds play with your retirement income. I am sorry to have to tell you that the Sun was wrong and there is no Santa Clause, but my plan is to continue hoping for a dead heat between turning all cash other than pensions and a little walk around money into items of intrensic worth . It's rather like not having to worry about mortgage rates because we don't have a mortgage, and not worrying about losing our jobs because we're retired and don't have those, either. Bust of luck with your plan. Linda Brady Traynham We here in the Bar seek unusual investments because we don't trust the standard choices. Let me guess....you own blue chips? You're still brooding about not buying the IPO of Texas Instruments?. I'm not perfect. I took a real bath on my "wild cat" investment, but I will NEVER regret what it cost to get the IRA out of hock four years ago. Dear Let’s Keep It Anonymous:

It is easy to tell you are a male and do not do the primary shopping for your household.: I would not be surprised by a combination of what our dear leader did in North Korea and what Hugo did to Venezuela–both of them recently. The name of the game is to devalue first but make it look like something else if you can, which neither Kim Jong Il nor Sr. Chavez managed.

What is most wrong with the “annuity” is that it will not be voluntary. The second most deleterious factor is that you don’t want to be stuck on a fixed income in times of high inflation. Nothing good can come of letting the Feds play with your retirement income. I am sorry to have to tell you that the Sun was wrong and there is no Santa Clause, but my plan is to continue hoping for a dead heat between turning all cash other than pensions and a little walk around money into items of intrensic worth . It’s rather like not having to worry about mortgage rates because we don’t have a mortgage, and not worrying about losing our jobs because we’re retired and don’t have those, either. Bust of luck with your plan. Linda Brady Traynham

We here in the Bar seek unusual investments because we don’t trust the standard choices. Let me guess….you own blue chips? You’re still brooding about not buying the IPO of Texas Instruments?. I’m not perfect. I took a real bath on my “wild cat” investment, but I will NEVER regret what it cost to get the IRA out of hock four years ago.

]]> By: Tudorman http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5116 Tudorman Tue, 19 Jan 2010 21:18:27 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5116 The only question, once this "option" is made available, is how long before conversion will be mandatory upon retirement. The only question, once this “option” is made available, is how long before conversion will be mandatory upon retirement.

]]> By: CL http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5114 CL Tue, 19 Jan 2010 18:18:41 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5114 On converting 401Ks to annuities .... Well, why not? The stock market is going to crash soon enough - when people start trying to pay their rent and grocery bills with their stock portfolios. Might as well help this along with a "managed" crash / conversion to annuities. On converting 401Ks to annuities ….

Well, why not? The stock market is going to crash soon enough – when people start trying to pay their rent and grocery bills with their stock portfolios.

Might as well help this along with a “managed” crash / conversion to annuities.

]]> By: John McLeod http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5111 John McLeod Tue, 19 Jan 2010 13:43:11 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5111 para #1, "sights" not "sites" -- they don't work **that** fast ;-) para #1, “sights” not “sites” — they don’t work **that** fast ;-)

]]> By: Grammar Nazi http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5110 Grammar Nazi Tue, 19 Jan 2010 08:02:16 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5110 "A report last week in Business Week shows that the U.S. Feds have 401(k) assets in their sites." That should be "sights," not "sites." “A report last week in Business Week shows that the U.S. Feds have 401(k) assets in their sites.”

That should be “sights,” not “sites.”

]]> By: letskeepitanonymous http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5108 letskeepitanonymous Tue, 19 Jan 2010 05:33:58 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5108 Way too over the top. Let us know when you find crushing inflation. People who relied upon modern portfolio theory the past ten years to guide them in their asset allocation have not done well. While I would be shocked if the Treasury did what Argentina did, I don't think it will happen. Instead, what is wrong with offering what looks like an annuity? Goodness knows insurance companies offer the same thing right now. The author has confused forced conversions of plans with an alternative for people for which this option makes sense. I don't work for the government or am looking to work for the government. Way too over the top. Let us know when you find crushing inflation. People who relied upon modern portfolio theory the past ten years to guide them in their asset allocation have not done well. While I would be shocked if the Treasury did what Argentina did, I don’t think it will happen. Instead, what is wrong with offering what looks like an annuity? Goodness knows insurance companies offer the same thing right now.

The author has confused forced conversions of plans with an alternative for people for which this option makes sense.

I don’t work for the government or am looking to work for the government.

]]> By: Hand Over Your Retirement Plan to the Democrats? « Designated Conservative http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5107 Hand Over Your Retirement Plan to the Democrats? « Designated Conservative Tue, 19 Jan 2010 03:16:25 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5107 [...] Will the Feds Fund Deficits with 401(k)s? By Dan Denning January 18, 2010 The writing is on the wall for retirement assets held in conventional ways. A report last week in Business Week shows that the U.S. Feds have 401(k) assets in their sights. [...] [...] Will the Feds Fund Deficits with 401(k)s? By Dan Denning January 18, 2010 The writing is on the wall for retirement assets held in conventional ways. A report last week in Business Week shows that the U.S. Feds have 401(k) assets in their sights. [...]

]]> By: Will the Feds Fund Deficits with 401(k)s? « The Financial Physician http://whiskeyandgunpowder.com/will-the-feds-fund-deficits-with-401ks/comment-page-1/#comment-5106 Will the Feds Fund Deficits with 401(k)s? « The Financial Physician Tue, 19 Jan 2010 02:32:17 +0000 http://whiskeyandgunpowder.com/?p=6222#comment-5106 [...] LINK [...] [...] LINK [...]

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