Thanks a lot, you teabagger putzes.

I can't pull out, I can think of any place the boodle would be particularly safe.

If we default, it's not going to last long before the 12 teabaggers are being burned in effigy outside the Capitol building.

Those morons have no idea in the world just what they're playing with.

…the Tea-liban could cave and agree to an extension and clean CR within a day or two after default -- and it would still be too late. The damage will already be irreversible, and guaranteed to remain for the long term.

Will see where we go. Hope managers of my funds do the right things, and my federal soc sec, pension, and annuities survive.

My opinion (highly uneducated) If you stay in, stay in all the way. So many pull out and never see the recovery.

There will be a recovery... I have faith in our country..

but most people panic and end up selling low and then rebuying at a higher price. That keeps brokers in hand tailored suits even when the game hasn't been as rigged as it is now.

Especially if one is retired and on S.S...Panic is a natural reflex..

but people really need to think before they do any leaping, market-wise, and they/we can, take time, study and watch the way things move.

Certainly S.S. will 'recover,' at the very least. Someone here mentioned that if/when seniors, who tend to vote repug, fail to receive their payments, congresscritters will start hearing from them, and will respond accordingly.

likely slower than the one we've experienced so far.

IF folks will recall what these f*****s are putting us through, we'll get a decent congress in '14, and then we'll be able to move and recover.

But there will be a recovery!!!

…default could lead to a global slowdown lasting a generation. In other words, think "Great Depression," but lasting twice as long.

You are set! I've only known a few people that have SS + pension + annuities.

for all these 'benefits.' Annuities due to husband's death, otherwise fed govt pension and ss. Had been looking OK, before the clowns.

Don't they know we are crazy.

Understandable, because who wants to think about the alternative?

this Dog and pony show might be staged to extract a great deal of wealth when it ends?

Is not good for business. They know it.

If it's status quo at 4 p.m. -- then fasten your seatbelts for Tuesday and Wednesday.

-105 as of 6 a.m.

And Dow down 1/4 of a percent. Markets are barely even noticing at this point.

not really worried.
if the market crashes im protected.
if it rallys i out on participatin gon part of the rally buy im proetcted

I guess the sky is not falling at this point in time?

I'm always amazed by these threads. Pulled out of an IRA? Isn't there a severe tax penalty for that?

I think people make things up and do not realize how transparent what they are saying is. As you pointed out no one is pulling out of their IRA over this and anyone that thinks a 100 point move in the DOW is "an event" obviously does not really follow the market. I've seen at least a dozen threads in the last week screaming the sky was falling for really marginal movement in the markets. I mean, am I a little concerned what happens in the babies in DC do not solve their argument ASAP? Sure. But that doesn't mean I'm not going to laugh at the Chicken Little histrionics I've been seeing.

and not taking the distribution, meaning leaving the proceeds of the sale in the IRA, then there is no taxable event at all.