Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gaffer

“The dirty little secret is that the liberal elite machine knows full well they cannot sustain their eventual utopia with a constiuency existing only to sponge off society”
*********
We have long since passed the point of being able to pay down the debt with taxes from the Makers. Can’t be done now. Spending HAS to be cut. And the Takers who are accusomed to sponging off society will be shocked when that reality bites them.


39 posted on 11/25/2012 7:40:00 AM PST by Starboard
[ Post Reply | Private Reply | To 24 | View Replies ]


To: Starboard

Normally, I’d agree with you on the income/outflow point, but the sad fact is that the government has been coveting the single largest source of available or assets that can be liquidated - private retirement funds (IRAs, ROTHs, 401Ks and the like).

Expect in the next four years to see an earnest attempt and convincing the public seizing this money is in the best interests of the country and is only ‘fair’ because low lifes don’t have the opportunity to do likewise. They are already holding hearings on this. Look for rules to tighten illegally on a very increasing basis. Look them to take it outright before 2016. Count on it. You’d better liquidate soon, IMHO.


42 posted on 11/25/2012 7:44:31 AM PST by Gaffer
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson