Friday, July 5, 2013

Goodbye 401K, Goodbye IRA, Hello Argentina

Fundamental Change you can believe in
 
Obama to Nationalize & Confiscate Nation’s 401(k)s & Retirement Accounts

Friday, July 5, 2013
 
The plan to confiscate your 401(k) and pension gains steam and momentum as Obama’s Media preaches the need for government to seize all retirement accounts and redistribute them.
Some of us saw this coming a while ago. My friend John Galt Fl saw this clearly back in 2007 and warned about it.
 
Some poo-poohed that notion and told him that doing so would create a civil uprising and that such an idea would never happen. John laughed at the ignorance and continued warning the inevitability of the government being unable to resist the urge to steal billions of dollars just sitting in the hands of private citizens as the government behemoth goes broke.

It’s not that John was prophetic, he just understands tyrannical government and market manipulation when he gets a whiff of it.
 
He writes about the steamrolling juggernaut movement being ranted about in Obama’s media, the first salvo to soften the beachhead of public opinion for the landing of government action to confiscate your retirement accounts.
________________________________________________________
Goodbye 401K, Goodbye IRA, Hello Argentina
by John Galt
November 30, 2012
“As far-fetched as this idea is, five years ago, socialized healthcare in America was considered laughable.
If one takes a moment to review how nationalizing all of the retirement programs could cure several problems at once, it becomes a logical and potentially nightmarish scenario.”
If anyone within the sound of my voice, the view of my pages, or with even the most remote of memories about the past five years, today’s Rush Limbaugh show will provide a stunning flashback into what I was warning about in 2007 and 2008 along with the “Talkmaster,” one Neal Boortz out of Atlanta via his syndicated radio program. More on the background later, first a brief video of the “economist” who created a plan for a mandatory national retirement program, one Teresa Ghilarducci via YouTube from May 11, 2009:
Teresa Ghilarducci Presents Plan for Mandatory Universal Pension System
ScreenShot778
Teresa Ghilarducci, Bernard L. and Irene Schwartz Professor of Economic Policy Analysis at The New School for Social Research, New York, addresses group on retirement security at IKD Financial Institutions and Economic Securities conference held at The Open University, in London, England on May 21.
READ MORE...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.