GlockTalk.com
Home Forums Classifieds Blogs Today's Posts Search Social Groups



  
SIGN-UP
Notices

Glock Talk
Welcome To The Glock Talk Forums.

 
  
Reply
 
Thread Tools Display Modes
Old 11-12-2012, 13:22   #81
robertoh
Senior Member
 
Join Date: Oct 2004
Location: Ohio
Posts: 2,855
The Dems.,may be dumb but their not stupid,even they know seizing retirement accounts would crash the Economy since most are invested in the Stock Market,taxing the hell out of them may be another story.
robertoh is offline   Reply With Quote
Old 11-12-2012, 13:33   #82
certifiedfunds
Platinum Membership
Tewwowist
 
certifiedfunds's Avatar
 
Join Date: Apr 2008
Location: Caught in the Middle
Posts: 41,194


Quote:
Originally Posted by robertoh View Post
The Dems.,may be dumb but their not stupid,even they know seizing retirement accounts would crash the Economy since most are invested in the Stock Market,taxing the hell out of them may be another story.
Same thing
certifiedfunds is offline   Reply With Quote
Old 11-12-2012, 13:38   #83
Flying-Dutchman
Senior Member
 
Flying-Dutchman's Avatar
 
Join Date: Oct 2007
Posts: 4,370
Quote:
Originally Posted by certifiedfunds View Post
Same thing
Same with real estate around these parts.

They keep raising property taxes so they are now higher than your mortgage payment.

The standard view now is you are a subject paying rent to your lord and master, the .gov in the form of taxes.
Flying-Dutchman is offline   Reply With Quote
Old 11-12-2012, 13:44   #84
certifiedfunds
Platinum Membership
Tewwowist
 
certifiedfunds's Avatar
 
Join Date: Apr 2008
Location: Caught in the Middle
Posts: 41,194


Quote:
Originally Posted by Flying-Dutchman View Post
Same with real estate around these parts.

They keep raising property taxes so they are now higher than your mortgage payment.

The standard view now is you are a subject paying rent to your lord and master, the .gov in the form of taxes.
Yes but think of all the value you get for those taxes.

Bahahahaha

Sorry. Couldn't keep a straight face.
certifiedfunds is offline   Reply With Quote
Old 11-12-2012, 13:51   #85
Atlas
transmogrifier
 
Atlas's Avatar
 
Join Date: Oct 2001
Location: north of the equator
Posts: 14,864
Quote:
Originally Posted by certifiedfunds View Post
Same thing
Exactly.
How is this difficult to understand?
__________________
June 28, 2012: the day the American republic died.

Uncontrolled, unaccountable government spending + Graduated income-tax = SLAVERY
Atlas is offline   Reply With Quote
Old 11-12-2012, 15:10   #86
Stubudd
Senior Member
 
Join Date: Nov 2008
Location: Kennesaw GA
Posts: 5,014
Quote:
Originally Posted by certifiedfunds View Post
Same thing
wow, over and over, i can't believe how much this keeps coming up. The most basic, fundamental misunderstanding
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.
Stubudd is offline   Reply With Quote
Old 11-12-2012, 15:11   #87
Stubudd
Senior Member
 
Join Date: Nov 2008
Location: Kennesaw GA
Posts: 5,014
Quote:
Originally Posted by Atlas View Post
Exactly.
How is this difficult to understand?
Lifelong conditioning, from everywhere.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.
Stubudd is offline   Reply With Quote
Old 11-12-2012, 15:26   #88
certifiedfunds
Platinum Membership
Tewwowist
 
certifiedfunds's Avatar
 
Join Date: Apr 2008
Location: Caught in the Middle
Posts: 41,194


Same way they'll come after guns.

With the IRS they can seize anything.

Resist and go to jail for tax evasion and suffer the scorn of your fellow citizens.

Last edited by certifiedfunds; 11-12-2012 at 15:27..
certifiedfunds is offline   Reply With Quote
Old 11-12-2012, 15:32   #89
brickboy240
Senior Member
 
brickboy240's Avatar
 
Join Date: Sep 2007
Location: Houston, TX, USA
Posts: 3,481
I don't know how so many people can still have faith in the market, 401ks and mutual funds.

My 401k and mutual funds lost almost 40% of their value twice in a span of 8 years. Once in 2000 and again in 08.

I was in pretty conservative funds as well. Ones with glowing brochures, telling me how much I would have by the age of 65. Give me a break! I am not even half way at age 47.

Get out now....you'll just build up and some "crisis" will come along and wipe out everything you have gained. Even if you ARE paying attention to it (like I was).

I have almost no faith in the stock market, 401ks or most retirement vehicles. Sure, at one time they were the way to go but not anymore.

-brickboy240
__________________
Our founders would be shooting by now!
brickboy240 is offline   Reply With Quote
Old 11-12-2012, 18:39   #90
Glocksanity
Senior Member
 
Glocksanity's Avatar
 
Join Date: Feb 2012
Location: Los Angeles, Man, Los Angeles
Posts: 2,025
Quote:
Originally Posted by sheriff733 View Post
Well, it's extremely high, yes, but who knows about the future price.

I say that because GOLD DOES NOT HAVE VALUE. That's right. It does not.

Let me explain.

Gold is a commodity. It's only worth is what two people fighting over it will pay for it. If all of a sudden gravel rocks were a highly sought after item, we'd be paying through the nose for it too. The only value gold has is whatever another person deems it to be worth. That's a hell of a risky investment.

Gold is based on supply and demand. As you know, things that are based on supply and demand fluctuate in value. When things get really bad, it'll be just as valuable as the piece of green paper in your pocket.

It's all an illusion. Gold's value is not based on math. It's based on someone's opinion, and no way in the world would I bet my way of life on another person's opinion. I would advise you to do the same.

Could not the same argument be made for U.S. Dollars? They only have value because of someone's opinion of them? The U.S. Dollar is also subject to the laws of supply and demand. The more U.S. dollars that are printed, the less value they have.

So if both gold and U.S. dollars are subject to the same laws of supply and demand and U.S. dollars have an infinite supply and gold is very rare comparatively and cannot be created out of thin air like U.S. dollars, which one will be more valuable in the future? That would be gold. And that is why gold is only going to go up in price and maintain purchasing power versus the U.S. dollar.

Buy gold. It's a no brainer for those that have done their homework.
__________________
G21~G26~G30~G34

Sic semper evello mortem Tyrannis!
Glocksanity is offline   Reply With Quote

 
  
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump




All times are GMT -6. The time now is 02:11.




Homepage
FAQ
Forums
Calendar
Advertise
Gallery
GT Wiki
GT Blogs
Social Groups
Classifieds


Users Currently Online: 675
135 Members
540 Guests

Most users ever online: 2,244
Nov 11, 2013 at 16:42