I hope you all understand where this GME ends. It ends with the government taking over your 401k for your own good, of course.

THREAD.

Biden already has a plan that would affect the tax benefits of your 401k. And it’s not exactly a secret that Democrats have been eyeing the 401k accounts for years. First they want to collect the taxes that you’re saving by using a 401k. It’s a lot of money.
That green new deal? Oh yeah that’s gonna be crazy expensive. It’s gonna mean deficit spending that makes precious deficit spending look like a balanced budget in comparison. Worse yet is that it’s going to cost jobs. Lots and lots of jobs.
There’s the direct job loss for example, keystone pipeline layoffs. But there’s indirect job losses. Because people like me can sorta absorb increased energy and gasoline prices. But that usually means I’m going to cut back on spending. That less eating out. Less purchases.
Maybe ending services like housekeeping or pest control in favor of DIY. Now my little contribution won’t cost a job but take 10 people like me and you’ve got a couple job losses. Take 1000 people or 10000 like me and you’re looking at big job losses.
And those jobs installing/making solar panels. Surely you jest. Really? You think those are going to be made here and in levels that will offset job loss? That’s too funny. I’ve got some shovel ready jobs for you. Just send 19.95 to my PayPal account and I’ll send you a list.
Whose gonna pay for all this flittering of money on green energy?

YOU.

And government sees 401k as an enormous pot of wealth. When Pelosi says she wants a “wealth tax” you think that means Bill Gates? No. It means taxing your wealth. Where is your wealth?

401k.
Don’t believe me? Ireland passed a levy in 2012 on assets. Why? They needed the revenue. Our government is talking about reducing tax benefits on 401ks right now. Pelosi, et al have been talking about wealth taxes. Just Google it.
Now let’s move to the current stock market. The Reddit revenge is pretty funny to most of us. But it’s a perfect excuse for more legislation. Remember the stock market crash in 2008? Guess what Pelosi was talking about then?
You betcha. Taking our 401k and converting it into an annuity. https://t.co/PgrRKG5BZ5

What does that mean? Taking your 401k and spending it now while promising to pay you a fixed amount. Sounds an awful lot like social security to me.
You can thank NeverTrump, by the way. Your new found slavery will be so much better now that decency has returned. Take solace in the tweets for unity and peace.

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