Take Your Assets Out Of The Banks!
That’s right, including your 401k, your pensions and retirement funds because…
Government pensions are also likely to be targeted by these proposals reducing a couple’s income by up to £4,000 a year. We have seen California go after retirees in Florida under the theory they earned their pension working in California. New Jersey has introduced an EXIT TAX you have to pay to even leave the state if you sell your property.
“Vanguard shows little or no profit and pays little or no federal or state income tax despite managing Funds with nearly $2 trillion in assets.”
[…] The takeaway for investors is this: high mutual fund fees are already gobbling up your hopes to ever retire in comfort. As Frontline’s Martin Smith exposed in April of last year, if you’re receiving the typical long-term return of 7 percent on your 401(k) plan and your fees are 2 percent, almost two-thirds of your account will go to Wall Street over the course of your career.
The only way to keep the Ponzi scheme going is to keep raising taxes and mandate 100% compliance.
Then use force if necessary, but call it a “State of Emergency” for National Security”.