I would also be concerned about owning gold.
Private property is no longer safe, thanks to the Supreme Court..just ask Kelo.

Gee, Rush, it´s money. They don´t care what it´s called. It´s money and they want it. All of if.

Rush has a good idea - especially today when FOX has blasted out several times that that evil Hostess is giving their top guys $$$ while laying off workers.
Republicans, BE the champion of Americans in the private sector who are wondering why fed workers INCLUDING ex-Presidents, Congresscritters´ pensions and goodies are always unchanged/growing despite a lousy economy. Sorry Dad.

Rush is brilliant. There is no one even close to him in the media.

As I recall the fine print in 401k terms says it isn´t your money until they give it to you.

There is only a contract about how you may obtain it from the plan administrator.

I won´t go any further along that path. It is law for the specialists, I may be dead wrong. And I haven´t had a 401k for many years.

But more or less all money, except what is in your pocket is that way. Bank accounts, IRAs, etc.

Of course the Democrats want it. You almost certainly have too much.

Way to believe the press ho´s, #3. Will you work for two years, for free knowing that any opportunities that may exist NOW won´t be there soon?
They are getting PAID to unwind and sell the business.

If it hits the pockets of the up to 29 year old children who love Obama, do you think they will "get it"?

This is what back yards are for...to bury stuff in.

I just cut my 401K back to the bare minimum, to the point to cover the company match. The rest, I am going invest into something tangible, something easy to conceal, something easy to travel with. I am going to follow this path for at least a year until I figure out what the markets & economy are going to do.

I´m not buying a new car. I´m not investing in upgrades to my house; just covering mx. I´m not buying much at all. I´m taking a wait and see attitude. Expect much of the rest of the country to do the same.

Simple solution of mockery a lesson from ALinsky.

401 K´s are available to all Americans.

How do you qualify?

Work.

Next, call for all congressmen to loose thier pensions and live on Social Security.

Uncanny. My son was just watching the movie ´Blow´ and the main character jumps bail and goes back to Colombia to get his millions that he had there, and the bank manager told him, I´m sorry, since you were last here they nationalized the banks; your mnoney is gone. So I proceeded to tell my son about the socialists´ plan for our 401Ks. Now this news, 2 days later. Amazing.

Why not go after the multi-billion dollar endowments of the Ivy League? What good have those rich folks done for the country anyway? And how about the endowments of the Ford Foundation, Tides Foundation, etc? It´s not like they are people with Constitutional Rights.

Rather than make my savings too attractive to the gov´t, I redid my kitchen with all energy star appliances, replaced both 5 ton AC units with the most efficient out there, replaced the washer and dryer with energy star models, had the house painted and bought a new car and paid cash for it.
My electric bill has been cut in half. (which will help when rates skyrocket).
I also gifted my son the legal amount.

Send the Dumbacrats packing, they are nothing more than a bunch of rabble-rousers...!

Socialism is not healthy for 401ks and other living things.

Guess it´s time to find tin coffee cans, buy gold, and bury it in the back yard.

Oh, and a couple more guns and bullets.

I bought a pre-owned car this week. I paid cash. I was going to get a loan to build my credit score. But I won´t be buying a house anytime soon (too many unknown taxes). I´ll be paying cash with minimal use of credit cards. And, yes, I will not be spending as much.

They´ll come after your Roth IRAs as well.

Who is kidding who here. They will come after any savings you have, anywhere. Either by direct confiscation or simply evaporating ALL of it into thin air by endless debt and endless money pumping.

Before the 2008 election this 401K idea was floated around. Mark Levin interviewed Dr. Ghilarducci about this concept.

The audio is about 14 minutes long, in two parts, but it is worth it.

Part 1
http://www.youtube.com/watch?v=zuLfcROlrSg

Part 2
http://www.youtube.com/watch?v=odeUwW-LhUM

A better investment than a 401K is quickly becoming an AK