"How safe is your Roth IRA?"He was quoting from a Megan McArdle article on the fact that some (many?) on the left would
So McArdle also dispenses with some unorthodox investment advice on how to avoid any lefty machinations, like perhaps buying a vacation home with the cash. Professor Reynolds adds:
"Or maybe buying a vacation home overseas, the way inhabitants of third-world kleptocracies have done for years to avoid desperate grabs by debt-ridden regimes."Of course this is an especially apt observation, if by "third-world kleptocracies" he meant Congress, and by "inhabitants" he meant Chris Dodd, or Charlie Rangel.
Here is Congress putting the McArdle plan in action...
Or inaction if you prefer:
Take heed America!