Assyrian Horn: 401k's Blocking Withdrawals

Thursday, May 14, 2009

401k's Blocking Withdrawals

It's bad enough that many people lost significant money in their investments, but now some 410k's are denying access to YOUR money.

How long until they block you from changing funds within your 401k?

The only thing worse than paper money is electronic money. You hold nothing.

http://online.wsj.com/article/SB124148012581385199.html

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DEEP THOUGHTS...

"Statesmen, my dear Sir, may plan and speculate for liberty, but it is Religion and Morality alone, which can establish the Principles upon which Freedom can securely stand. The only foundation of a free Constitution is pure Virtue, and if this cannot be inspired into our People in a greater Measure, than they have it now, they may change their Rulers and the forms of Government, but they will not obtain a lasting liberty."
- President John Adams, June 21, 1776
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"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

-Napoleon Bonaparte

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"The worst day in a man's life is when he sits down and begins thinking about how he can get something for nothing."

- Thomas Jefferson

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"Firearms are second only to the Constitution in importance; they are the peoples' liberty'steeth."

George Washington

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"When the people find they can vote themselves money,that will herald the end of the republic."

-Benjamin Franklin

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"An appeaser is one who feeds a crocodile, hoping it will eat him last. "

-Winston Churchill

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“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”

-Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

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"No power on earth has a right to take our property from us without our consent. "

-John Jay

(Chief Justice of the First Supreme Court)

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"Silence in the face of evil is itself evil: God will not hold us guiltless. Not to speak is to speak. Not to act is to act."

- Dietrich Bonhoeffer

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"The truth of the matter is that you always know the right thing to do. The hard part is doing it."

-Robert H. Schuller

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"Adversity has the same effect on a man that severe training has on the pugilist - it reduces him to his fighting weight."

- Josh Billings

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All the rights secured to the citizens under the Constitution are worth nothing, and a mere bubble, except guaranteed to them by an independent and virtuous Judiciary.

-Andrew Jackson

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I have wondered at times what the Ten Commandments would have looked like if Moses had run them through the US Congress.

-Ronald Reagan

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I care not much for a man's religion whose dog and cat are not the better for it.

-Abraham Lincoln

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"No one is so miserable as the poor person who maintains the appearance of wealth. "

-Charles Spurgeon

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"I do not pray for success, I ask for faithfulness." Mother Teresa

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"I believe in Christianity as I believe that the sun has risen: not only because I see it, but because by it I see everything else. "

- C. S. Lewis

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"Every government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories."

- Thomas Jefferson

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"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection.

'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."

- Thomas Paine, December 19, 1776

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Thursday, May 14, 2009

401k's Blocking Withdrawals

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