Short Term Trading Member Forum

[techcharter]

DoubleTake -Going Concerns

Don't worry about the trillions in TARP money that was dished out. Banks are starting to return it because the strings attached are more of a noose.

Some of the US debt can be wiped away by the US gov't by "selectively defaulting" its debt held by Americans. This would satisfy foreign governments' investments in US Debt.

The gov't may confiscate 401K plans under the premise that stocks are too risky for retirement funds, and replace them with US Debt. Argentina did this.

There is the gold confiscation precedent.

Social Security could be adjusted downward because of the inverted pyramid and fewer people employed making contributions. (I like this idea, but prefer a complete phase out of the program)

Impose a 100% estate tax. After all, you can't take it with you. Anyone objecting implies he wishes his parents dead. I like this the best since it gives the living a chance to grow their own financial security without onerous taxes. "Every generation must pay its debts",Thomas Jefferson