Discussion: "If You Don't Hold It, You Don't Own It"

Forgive my ignorance - what is an “IRA” in this context?

I’m assuming it has nothing to do with Eire…

Being Conservatives, I’m sure there are 2 distinct mailing lists. One for people that want a safe filled with GOLD, and one for people who want to know who has a safe filled with GOLD (if you know what I’m saying).

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I must admit that the same (or a similar) thought crossed my mind.

Knowing who was likely to have a safe filled with physical gold would be very useful to a certain sort of thief… Also to Republicans looking for primary voters and donations.

But I repeat myself. :slight_smile:

Or stock photos thereof.

Show them some bling, dear! It’s the only thing they understand.

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With respect : not forgetting IRA also stands for the Irish Republican Army .

Sock 'er to me.

I grew up one county away from y’all, and I’d never heard that expression until that series showed up.

Still not as irritating as but it’s only circumstantial, though.

Whoops. Just noticed your identity. I take it that’s a rhetorical question.

Erick Erickson done told me that, and that’s all I need to know. Thank the Lord Jeezus fer Mr. Erickson, he done told me all kinds of facts that the Librul Media don’t want me to know.

And I’m sure he blamed his loss on money on “welfare queens” and “Jimmy Carter’s failed administration.”

You are looking at the REAL reason Erickson does what he does. There is SO much money to be made from the rubes and all you have to do is open the door.

Erick is the Tea Party Version of Dr. Oz

So, their IRA plan is basically… buy some gold and put it in a drawer.

Brilliant. Why didn’t I think of that?

More like the tea party version of the Wizard of Oz. Pay no attention to the grifter behind the curtain.

I always heard that if you hold it too much you’ll go blind.

A mattress to stuff with cash (or better yet, gold coins). A shoe box hidden at the back of your closet. You know: financial security.

My favorite was the promo they always ran with some mexican looking dude saying, “Yo cholo, that’s how we do it in O.C, esse! Fajitas, la Macarena, la vida loca, holmes!” Or something like that…

No its not rhetorical…

I’m not American. If you want to know about Australia or New Zealand I’m your man. American stuff, not so much…

Some sort of retirement savings account from what I can glean.

You glean right. IRA stands for individual retirement account, the point being the money isn’t taxed in the year it’s earned, so a larger amount is available for appreciation. You pay income tax when you withdraw it, by which time it’s presumed that your income will be less than when you were working, and the payment not only delayed for greater appreciation, but also in a lower tax bracket and therefore a smaller share of that income.

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Thanks very much.

I’m familiar with the concept, but it has a different name here.