What could go wrong?

There were bank failures galore yet no one lost anything because of the FDIC which itself almost went broke paying all the claims.

One set of grandparents lost everything and never recovered.

Biggest heist in world history.
Wake the F up. They are backing up the truck.
It’s the MONEY stupid.

... with political destruction if they defy the Burger King's agenda.

when their emperor crashes the economy.

time to withdraw and keep your cash safe.

whatever the hell that is. The dollar's going bye, bye.

In a safe.

I just took the very bold step ( a week or so after the election) of moving my 401K from its target date stock into a money market fund. So now, I just hope I get a bit from interest each month. At least no more stock market volatility making me sick to my stomach.

Are we saying now that I should actually pull it out completely and take a huge tax penalty and stick into a safe? I’m not going to start buying property or Gold at 70. I don’t have the knowledge or desire to tie up what little money I have in those instruments.

The news is just getting worse. It isn’t just one safety net and safe guard, it’s all of them.

What do they expect people to do? I can’t keep altering my life to accommodate every fcked up policy and pipe dream this narcissist and his cabinet of criminals is scheming up.

I’m afraid of (in no particular order):
1. Losing Medicare
2. Losing Social Security
3. Losing my savings and 401K due to lax banking regs and market instability.
4. Getting sick from lack of vaccines for myself or from others infecting me
5. Living in an increasingly dangerous world with domestic armed militia taking matters into their own hands.
6. LE officers who don’t want to enforce laws and instead make up their own.
7. Being unable to afford basic food.

I know there is plenty of other things to worry about, but my 70 year old brain is pretty much fried right now.

I trust no one.

I really don't know what to suggest - I have the same fears as you. Maybe invest overseas?? That's all I can come up with. They are going to try to take everything. I don't think that's an exaggeration.

They don't "believe in" banks. On the blockchain, everybody! NOW!


Or else.

But we know they are stark raving mad.

ETA - I literally just saw this - Rolling blackouts plague Iran and some suspect bitcoin mining may have a role in the outages

Recommendation Folgers plastic. I could see a run on banks again. Ah the good old days.

who doesn't enjoy some nice bank failures with no deposit insurance? You commies don't understand greatness.

OP notes that POTUS alone can't create or destroy departments or agencies. But,

1. POTUS can dictate how those agencies run. He can't shut them down and close the offices. But, he can issue orders and directives that all but nullify the day to day operations of these agencies. He could order all personnel to come to work on time, get paid, and do nothing but play Tiddlywinks all day. He also has powers, in some cases, to re-balance the make-up of certain panels from majority Dem to majority 'Pub either alone, or by issuing orders to his congressional minions.

2. Repubs now own both the House and the Senate, and Trump owns the Repubs. It would be easy for them to pass quickie legislation to eliminate or re-focus the missions and mandates of these departments.

Make no mistake. Trump and compliant Republican legislators and judges are on the verge of remaking the entire federal bureaucracy into permanent conservative administration of the federal government. The people will have to adapt or rebel. Since rebelling would take the form of massive voting for Democrats in the next two elections to right the ship and bulletproof it against further hyper-partisan tampering, I'm not hopeful for America's future. The last election showed that voters are too apathetic (won't vote) and too stupid (willing to be conned by disinformation) to get the Democratic sweep we'd need to fix this.

I have little hope that we'll be able to fix this huge backward lurch in my lifetime.

Cash had so little value and it decreased EVERY DAY.
You got paid on Friday and by Monday your paycheck was worthless.
Is THAT what the Repukes want to go back to?

This is the definition of insanity.