Stimulus

April 30th, 2020 at 10:49:48 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18253
Quote: SOOPOO


AZ.... If the government starts seizing retirement accounts then me having a retirement account or not is the least of my worries. I ABSOLUTELY can see the government reneging on its promise to keep the Roth's tax free... "For high net worth individuals, we will tax Roth' withdrawals but only at 10%..." It is one reason I never converted....


Who would have thought 90 day ago that you could get arrested for driving from your home to your mother's home.

It is not a matter of "if" they renege on Roth promises but "when." It will probably be in dribs and drabs.
The President is a fink.
April 30th, 2020 at 11:40:06 AM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 22
Posts: 4182
Quote: AZDuffman
Who would have thought 90 day ago that you could get arrested for driving from your home to your mother's home.

It is not a matter of "if" they renege on Roth promises but "when." It will probably be in dribs and drabs.


A few blizzards ago I was stopped for driving to my in-laws house. I was allowed to drive to and from work, but given the area wide long standing power outage, and trees littering the roads, the county was on a similar lockdown. I told them I was a doctor (true) and was going to check on my frail in-laws. (Frail is an overreach). They let me go.
The government often puts restrictions on the public in the name of safety. You obviously believe this one has gone too far.

As far as the "Roth" comment, I agree 100%.
April 30th, 2020 at 12:23:48 PM permalink
Tripdufan
Member since: Oct 3, 2019
Threads: 0
Posts: 710
Quote: petroglyph
I hope they learn from the current situation. And go on to lead long and happy lives.


They did learn something. Don't vote for a con man turned reality TV show host for POTUS.
April 30th, 2020 at 12:27:00 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
Quote: Tripdufan
They did learn something. Don't vote for a con man turned reality TV show host for POTUS.
Well, that in itself won't be much help.
The last official act of any government is to loot the treasury. GW
April 30th, 2020 at 12:27:59 PM permalink
Tripdufan
Member since: Oct 3, 2019
Threads: 0
Posts: 710
Quote: petroglyph
Well, that in itself won't be much help.


By itself? No. As a package and a general rule rule of thumb?

Duh.
April 30th, 2020 at 12:33:30 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
Quote: Tripdufan
By itself? No. As a package and a general rule rule of thumb?

Duh.
Then why state it in such a way?
The last official act of any government is to loot the treasury. GW
April 30th, 2020 at 12:38:28 PM permalink
Tripdufan
Member since: Oct 3, 2019
Threads: 0
Posts: 710
Quote: petroglyph
Then why state it in such a way?


Because I do think it was a very important lesson.

You guys wanted a reality TV show president. Now we're all contestants on Survivor.

#thanksMAGAts
April 30th, 2020 at 12:53:21 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
Quote: Tripdufan
Because I do think it was a very important lesson.

You guys wanted a reality TV show president. Now we're all contestants on Survivor.

#thanksMAGAts
You guys ? Why do you people have to insult with nearly every post?
The last official act of any government is to loot the treasury. GW
May 8th, 2020 at 5:17:17 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
Lobbyists want a taxpayer funded bailout.

https://theintercept.com/2020/05/05/lobbyists-trade-groups-bailout/

SPEAKER PELOSI SUPPORTS PUSH FOR TAXPAYER BAILOUT OF CORPORATE LOBBYISTS
The last official act of any government is to loot the treasury. GW
May 8th, 2020 at 6:41:20 PM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 25
Posts: 6227
https://www.zerohedge.com/economics/businesses-discover-employees-would-rather-stay-home-and-collect-unemployment-during

Who would have thought?
The last official act of any government is to loot the treasury. GW