IRA & 401k Theft Plotted by US Government
(Now's the time to cash out your retirement for real silver, and gold.)
Silver Stock Report
by Jason Hommel, January 13th, 2010
The State of America is not good. Criminals rule, and the
righteous are in prison.
I've warned in the past that the US
government is more likely to confiscate your IRA and 401k than your silver
or gold. Why? Because that's where the money
is!
Personally speaking, I cashed out my own IRA over the last few
years, after reading the handwriting on the wall, because the government
began discussing confiscating IRA accounts. Well, they are at it
again. Read the article in Businessweek, from Jan 8th:
http://www.businessweek.com/news/2010-01-08/americans-oppose-initiatives-limiting-401-k-choices-ici-says.html
4th
paragraph down reads:
"The U.S. Treasury and Labor
Departments will ask for public comment as soon as next week
on ways to promote the conversion of 401(k) savings and
Individual Retirement Accounts into annuities or other steady payment
streams, according to Assistant Labor Secretary Phyllis C.
Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are
spearheading the effort."
They want to "get" people to invest
their 401k's and IRA's into annuities, or likely into bonds, which are in
the biggest overvalued bubble the world has ever seen.
They are
doing this probably because they will have $2 Trillion in bonds to sell
this year, and foreign buying is drying up. They will steal the
assets in IRA accounts, and force conversions into bonds, and keep
the real investments for themselves, no doubt about it.
If you are
unsure about what to do, because of taking the "penalty for early
withdrawl" and that "tax hit", consider one of the main features of
money.
MONEY IS DIVISIBLE. Thus, if you have "too
much money" in an IRA or 401k, then the beauty of the nature of money,
naturally being divisible, is that you can take out a portion of your
money, "just in case", to protect just a part of it, only the part you
think you might need, or want, later.
Don't ask me to give you
personal advice. If you can't think for yourself, you don't deserve
your money anyway. And none of those asking ever provide me with
enough information anyway, such as the total financial picture, including
all assets, all income, all expenses, etc., that would be needed for me to
provide half way decent advice in the first place, and I don't really have
the time to go over all of that in the first place. And the whole
point of "communism and totalitarian government will collapse" is that
"top down" rule does not work, because it's too impossible for one person
to guide the economy of everyone in the first place. So, anyone who
asks me for personal financial advice, shows that you don't get it.
Just get a variety of silver and gold. How much, is up to you.
If you are nervous about the amount, then convert less into silver and
gold per transaction, and buy more later, when you understand
more.
What they government gives, it takes away. IRA accounts
are a government benefit.
Naturally keeping your own compounded
gains in silver and gold is a natural benefit that cannot be easily
stolen--they actually have to physically come to your house to take them,
and that takes work, and involves much risk that they would rather
avoid.
If they force people's IRA's and 401k's into annuities,
they will literally give over all the assets in the accounts to the
insurance/brokerage industry, and they will give you only a "set dollar"
payment until you die; it's called "fixed income". Fixed income, of
course, will inflate to nothing in the coming hyperinflation, and you will
lose your power to decide how to invest your money.
In actual fact,
most of all of your stocks are already owned by one corporation, the
DTCC. http://www.dtcc.com/
This, and
other reasons, are why I have exited the stock advisory business.
You need to follow me out, into silver and gold only, at this point.
I saw this coming a bit early, I was early, but it's getting rather late
now, the darkness is clearly coming, and most investors will be wiped out
by these coming "rule changes" where they will allow themselves to take
everything you have in your retirement
accounts.
==========
There is a saying: "Don't
steal. The government doesn't like competition."
Apparently,
the saying needs to be revised to: "Don't invest. The
government doesn't like competition."
There are over 180,000
"branches" of government in the USA, including national, state, county and
city governments, each with many divisions that have their own pension
plans for their employees. These investments are sometimes huge, as
I have highlighted before, especially with calPERS, the California public
employees' retirement program, at http://www.calpers.ca.gov/
The
total value of the CalPERS investment pool has slipped to just under $200
billion, as of Oct., 2009. http://www.calpers.ca.gov/eip-docs/about/facts/investme.pdf
Again,
there are over 180,000 of these public retirement funds, as compiled
and exposed at http://cafr1.com/
They are saying
California is bankrupt? How? They have nearly $200 billion in
savings for 1.3 million public workers! Answer? They
lie.
CAFR1 is saying that public policy is being directed
based on the investments made by these many government funds. If the
biggest and most profitable investments in these government funds are
in Pharmacy, Banking, Military Industrial, then we will end up
getting government paid prescriptions, bailouts for bankers, and
wars.
It's the greatest conflict of interest in history.
Or more accurately, the government is pursuing its own
monetary interests, and not the interests of the people.
The
Bible says that the king should not multiply gold and silver for
themselves; but that's exactly what government today has done at all
levels.
They are just like the wealthy Pharisees and Levites
back in the days of Jesus.
And people say I'm biased because I'm a
bullion dealer. Funny. I advocated truth for 10 years, and in
the last year I was pulled into bullion dealing because the national
bullion supply chain broke down.
The only "non-investment" that the
government cannot see, and cannot track, and therefore, cannot confiscate,
is silver and gold bullion.
==========
Former IRS agent,
Sherry Jackson is in prison, and being denied medical treatment, for
meekly asking the IRS to "show us the law" that makes the average person
liable to pay income taxes. The IRS responded by saying they were
responding to such questions with enforcement actions, such as
putting such people in prison.
http://www.youtube.com/watch?v=s1UT2Ms5E2k
Irwin
Schiff is in prison for writing a tax book that mostly quoted Supreme
Court decisions. The book was then banned by the Supreme Court,
because it made "fraudulent" claims. If that's the basis for banning
written material, why aren't all textbooks that promote evolution
banned? Irwin is the father of Peter Schiff, who was the
economic advisor to Ron Paul who ran for President of the United
States. Ron Paul is one of the only honest politicians in this
nation, and his economic advisor's father is in prison.
http://en.wikipedia.org/wiki/Irwin_Schiff
Dr.
Dino, Creation Science Evangilist, is also in prison, also over tax
issues. I read some of his case, and part of his crime was removing
just under $10,000 of his own money from the bank, which was counted as
"structuring", which is a crime like moneylaundering. Imagine
that! A man is in jail, partly, for taking his own cash out of
his own bank account!
http://en.wikipedia.org/wiki/Kent_Hovind#Sentencing.2C_appeals.2C_and_prison_life_.282007-2009.29
I'm
equally guilty of taking money out of my own bank account in amounts that
are less than $10,000! I take out cash, and deposit cash, in both
small and large sums, on a regular basis as a bullion dealer, there's no
other way to do it, as customers pay in cash, or sell silver and gold for
cash, and other dealers deal in wire transfers only.
I wonder if
they will come for me? Part of me feels safe because of my trust in
the Lord. But the Lord's people ended up in prison, too, such as
Joseph, Daniel, John the Baptist, Jesus, and all the Apostles. Part
of me feels safe because so many economic advisors have lived such long
lives in the US. But then again, some have fled the US to avoid
persecution, such as Bob Chapman, Harry Schultz, and others.
I know God says to hide, and to flee. But he also says to be
a light on a hill, so which is it? Our choice? I'd rather
speak up, but it's not easy sharing this kind of information, given what
happens to many others.
Dr. Orly Taitz continues to fight to
expose Obama as not qualified under the Constitution to be
president. The case appears to be going forward, despite all the
threats she has received.
http://www.orlytaitzesq.com/
Father
in Heaven, please protect the righteous, in the name of our Lord Jesus
Christ!
==========
If the dollar is very, very bad, the yen
is worse.
Ambrose Evans-Pritchard:
A global fiasco
is brewing in Japan
http://www.gata.org/node/8234
"The
only reason this has not yet blown up is because investors (mostly
Japanese) have not yet had the leap in imagination required to understand
their predicament and act on it. That roughly is the argument of Dylan
Grice from Societe Generale in his latest Popular Delusions note released
today. "A global fiasco is brewing in Japan."
Around 2001-2002,
there was a lot of talk and news stories of the insolvency of the
banks of Japan. The reason is that they made many loans in their own
real estate market that was a bubble and had collapsed, and many of those
banks were keeping those bad loans on the books at full value, not at the
true value of the market, which in many cases was less than 30% of the
loan value. Sound familiar to the USA today? Around 2002,
there was also lots of talk of Japanese investors buying gold in ever
greater amounts, like twice as much each month. Then, suddenly, all
news on the solvency of Japan's banks and the Japanese public gold
buying went silent. We live in a very controlled
world.
==========
USA Today has kept up a poll for years
that asks: Does the Second Amendment give individuals the
right to bear arms?
http://www.usatoday.com/news/quickquestion/2007/november/popup5895.htm
After
over 5 million votes, 97% voted yes.
Yet gun rights are
continually attacked by politicians in this country. Why don't they
listen to the people? It can't be by accident.
The only
quibble I have with the question is that we don't get our rights from the
Constitution, we get them from God. The constitution simply
recognizes our God-given rights, and unfortunately, government today does
not recognize either the Constitution or God.
This is why you need
to buy silver, and gold. It keeps government in check. In
grade school, they tell you that there is a separation powers in
government that help keep each other in check; the legislative, executive,
and judicial.
What they don't tell you is that the people have the
power, through jury
nullification, to not enforce bad and unjust laws, so that even if
people are guilty of breaking the law, if juries won't convict, then
unjust laws cannot oppress people.
The people also have even
greater power, the power to reject paper money, through which
all government functions are funded. If people simply buy silver,
and gold, in increasing quantities, then government abuses must be stopped
in their tracks, merely through lack of funding, as the government would
collapse from within, as they will be unable to pay their own
workers.
==========
There is good news. Government
corruption at all levels is being exposed more and more, especially
by hand held smart phone video recorders. I got a new Droid phone
about a month ago. It has a 5 mega pixil camera, a full video camera
that makes better quality youtube videos than any others I've made, it's
very easy to use. I've hated all my other cell phones, but this one
is a joy to use.
Police fight cellphone recordings
Witnesses
taking audio of officers arrested, charged with illegal
surveillance
http://www.boston.com/news/local/massachusetts/articles/2010/01/12/police_fight_cellphone_recordings/
Police
are arresting people with such phones, but they don't always win.
People have a right to openly record in public, and when "too many" people
pull out their video recorders at the same time, the police cannot
arrest them all!
Enough people remember that the events of 9-11 did
not fit the script. Building 7 was never hit by an airplane, and
could only have been a controlled demolition, exposing the entire thing as
an inside job designed to help increase government power, similar to the
staged attacks on the government buildings that helped put Hitler into
power.
People are waking up. The Tea Party Movement is huge,
the biggest grass roots movement of pro freedom, anti-government people in
the history of mankind.
And so far, the real revolution is
peaceful.
They just all need to buy silver and gold, and the
revolution would be complete.
==========
Even today, the
Federal Government would be unable to balance the budget even if they
taxed people's incomes at a rate of 100%, leaving you no money to buy
food!
Trust me. The government will try to starve you, before
they starve themselves.
Protect yourself with silver and
gold.
==========
The dollar is seen by
investors to be like shares of stock in America, if America thrives,
the dollar will do well. But the people in power in
government don't seem to understand that people thrive under
conditions of freedom. Slaves simply cannot produce like free
men can. There are more people in government than
produce things today. Those in power are rapidly stripping freedoms
from America, and it's no wonder that the dollar continues to crash.
Americans don't produce because of excessive rules and restrictions that
handcuff business compared to going overseas.
The state of
America is not good. But fortunately, more and more people are
becoming aware of the problems, and the solution.
The problem is
government.
The solution is silver, and
gold.
==========
Don't forget to register for the Phoenix
show, while you still can!
ENTER PROMO CODE: SSR
=========
I strongly advise you to get
real gold and silver, at anywhere near today's prices,
while you still can.
Price Board:
http://jhmint.com/cgi-bin/ssrbidask
Our
Coin Shops are open 10AM to 5PM Pacific, Monday to Friday
100 oz.
silver minimum, USA shipping, wire transfer only!
Janelle (530)
913 0553 silver_support1@vzw.blackberry.net
JH MINT & Coin Shop, Grass Valley, CA
(530)
273-8175
http://www.jhmint.com/
Rocklin Coin Shop, CA, 15 min north of
Sacramento
http://rocklincoinshop.com/
Or visit www.momsilvershop.com
(Mom will
ship in lots of more or less than 100 ounces of silver, and
overseas, and take credit cards or pay pal.)
Jason Hommel
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