The United States of Argentina: Obama’s Pension Grab
by J.C. ArenasBarack Obama’s money train has steamrolled uncontrollably across the country, compiling record-breaking budgets, deficits, and debt along its path. Now, the train is running out of fuel, and the nation’s retirement money may find its way on board, to keep the train on the tracks.
Earlier this year, the U.S. Treasury and Labor Departments began a public discussion on the aim to convert 401(k) saving plans and Individual Retirement Accounts (IRAs) into annuities and other forms of guaranteed income streams. Deputy Assistant Treasury Secretary Mark Iwry stated, “the question is how to encourage it, and whether the government can and should be helpful in that regard.” The supposition that the government is looking to be helpful with this proposal should automatically cause alarm.
The rationale for what would ultimately serve as a government takeover of the nation’s private pension system is of the same mold as the position Obama and Congressional Democrats have staked throughout the debate on health-care reform; “trust us, we know better than you”. Their assertion is that a weakened economy and a volatile stock market call for them to protect you and your interests, in this case your retirement money.
Last month, Newt Gingrich and Peter Ferrara editorialized on the Investor’s Business Daily website:
“The idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years. They will tell you that you are “investing” your money in U.S. Treasury bonds. But they will use your money immediately to pay for their unprecedented trillion-dollar budget deficits, leaving nothing to back up their political promises, just as they have raided the Social Security trust funds.”
If such a scheme sounds familiar to you, that’s because it is—cue Amos Lee’s I’ve Seen It All Before.
When Obama-mania was sweeping the world, and the then-Senator from Illinois was weeks away from making history, Argentina was searching for a solution to keep its own runaway train on the tracks—in hopes of improving its ability to service the nation’s debt and prevent another national default. Socialist President Cristina Fernandez de Kirchner’s solution came in the form of the seizure of the $30 billion Argentines had amassed in their private pension funds and immediate transfer of the money into the nation’s social security system. Unsurprisingly, her administration defended the nationalization of the system as a means to guarantee pensions during a time of global economic uncertainty, and attacked the private system’s administrators who criticized the government’s intervention.
In February, Obama unveiled his budget for fiscal year 2011 which includes a proposal to require small businesses to establish automatic IRAs for employees. With his cronies from the financial services industry by his side, the measure is being marketed as a means to create a nation of savers. But this proposal wasn’t conjured up with your interests at heart. In actuality, the president is licking his lips, with his eyes set on sweetening an already massive lottery jackpot for the government.
As of the third quarter of 2009, Americans held a combined $8 trillion in 401(k) plans and IRAs, according to the most recent retirement market report from the Washington D.C.-based Investment Company Institute. Furthermore, his proposal for health-care reform calls for an extension of the 2.9% Medicare tax to unearned income, which means those annuities and other forms of guaranteed income streams you would receive in exchange for relinquishing the freedom you currently possess over your retirement funds, would be subject to taxation. The American people consistently lose when the government desires to be helpful.
The presidency of Barack Obama is nearly 14 months old, and the campaign-feel good rhetoric waxed about the Change We Need in Washington has materialized into the concoction of a young president channeling his inner-Daley to transform the nation’s capital into Chicago on the Potomac. Now, the citizenry of this nation should prepare for him to channel his inner-Kirchner to provide a taste of Argentine politics.
Unfortunately, it won’t taste as good as the steak.
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114 Comments
I'll offshore all my investments before this ever happens…and it won't. The artcile is more about MacDaddy 2009 then it is about MacDaddy 2010. I ain't gonna' happen.
Love the photo of Juan and Evita.
It reminds me of Barrack and Madame Pelosi.
I too am looking off shore to Asia. Doing so would in the past have semed extreme but our nation is turning into a Facist State under a racist ruler whereas once it was a Republic under the care of stewards…
I suspect that this is how it felt as Rome fell.
Are there any Lawyers on here? I need your services! Some A-$-$ wipe is trying to steal my money!
I'll offshore my $$ and my whole family before he gets one cent of it. It won't be worth staying here once the USA becomes the Socialist States of NObama! This is SOOOO UNCONSTITUTIONAL! I'll even move to Argentina. I love it there! I'll just offshore my $$$ to Switzerland or something…
I'll offshore my $ and my whole family before he gets one cent of it. It won't be worth staying here once the USA becomes the Socialist Land of NObama! This is so UNCONSTITUTIONAL! I'll even move to Argentina. I love it there! I'll just offshore my $ to Switzerland or something…
America is earth's "last best hope". If you don't defend freedom here, then before long it won't exist anywhere else either. There are no new continents to run away to and start over. Forget about off-shoring; I find it humorous that you act as if it's beyond Uncle Sam's power to miserably interfere with that.
For more on this issue see:
http://www.youtube.com/watch?v=zuLfcROlrSg
You lib friends with 401k's won't believe this… until it happens that is.
It seems that Obama has been seriously reading all of those books his Communist friends have given him!
The progressives don't think taxing your earnings once or twice is enough. Why don't they just do what they really want to do, just take everything you mother F-ing commies. Apparently earning our money doesn't seem to entitle us to keep it when someone else who didn't earn it thinks they deserve it more.
Right now—today—go to an entity like http://www.goldline.com and start the paperwork to establish a gold-backed IRA in your name, then transfer your current IRA assets, following their directions, into the gold-backed IRA. Your only other option is now—today—cash out your current IRA/401k and take the tax/penalty hits. And, by the way—if you're going to establish a gold-backed IRA, make sure the new assets are in foreign gold coins only: no U.S. gold coinage, no gold bars of any kind. This way, when "King Obama" signs the future Executive Order to confiscate privately-owned gold (like FDR in 1933), foreign gold coins won't be touched.
God Help Us.
Remember when our grandparents or great-grandparents or great-great grandparents used to hide their money in mattresses or in coffee cans placed in holes in the backyard or under foliage? Maybe they had the right idea. The government can't take it if they can't find it. It may not draw interest and grow over time, but that's a lot better than not having anything at all. The government of the United States has turned into a den of thieves and will steal whatever they can get to fund their Marixst-Socialist aims.
Remember when our great or great-great grandparents used to hide their money in a mattress or buried in coffee cans in the backyard? Well, maybe they had the right idea.
This is some heavy stuff.
Brings to mind Birtchwood Casey and a polishing cloth.
A sucker is born every minute! This nation has about 62,000,000 of them. I wonder how many have buyers remorse and want to get their money back?
You better start figuring out how right now.
So with the fight or flight response, we will have to choose to fight. I'm not sure that people realize what that could really mean.
The prospect terrifies me, but better dead fighting for my freedom than subjegated to a government tyranny.
They'll tax everything to do with your health care, they'll up the amount they can tax off your earnings, they'll add a VAT tax pretty soon to tax your income again, and now, they want to seize your retirement money, convert it to government property and tax it some more, after they spend it. I've heard that they call our income untaxed revenue in Washington. This proves it. They should just stop playing around and seize all our earnings, outright before we ever touch any of it. It's what they really want.
"The idea is for the government to take….."
Stop right there.
The purpose of government, American government, is to protect and defend the Liberty belonging to those who it represents.
If the Dems seriously push this in Congress, they might as well put the muzzle of an M1911 in their mouths and squeeze. They think the Tea Parties are an "angry mob"? Just wait…,.
Holy crap! Can't wait for the government men to tangle with us old folks. They have no idea what they are getting into. You young folks, too. Let 'em have it with everything you've got. This is the last straw. I say, stop social security withholding and let everyone invest how they want. I'm thinking of a word; a word that begins with "m", is 12 letters long and ends in "er".
BAD NEWS
The Exit to offshore or foreign accounts has already been closed. That's why they've been cracking down on offshore and foreign accounts for the last 2-3 years, they knew they were headed to this. They've been quiet about this while they were busy closing the exit doors prior to any big push for this in earnest.
They've broken the backs of UBS and the other Swiss banks in the last year, which means no banks in the world are now out of their reach. If you have traveled to other countries like Costa Rica recently, and inquired about such things, you know what I'm talking about. Many of them require 3 years USA tax returns, and many documents, etc to open accounts. The USA has been dictating to them the new rules for Americans in advance. Feds have also opened many new foreign IRS offices. Also, safe deposit boxes are no good, they're run by banks, and in the depression they sealed them up — and you had to have a banker and IRS agent present to open
your own box.
GOOD NEWS
Changing to a self directed IRA service will still allow you to legally purchase real estate, including foreign real estate. There are still rules, so be very careful, and hurry. I don't know how they could confiscate these yet, but they'll no doubt try to think of something. Good luck.
.
Get ready for armed conflict if this crap comes about. You can count on it.
"So with the fight or flight response, we will have to choose to fight. I'm not sure that people realize what that could really mean."
In response to the Rad Rooster comment –
it means that gun & ammunition sales have been very high since the campaign of 2008 as obama looked likely to take the White House. It means that freedom loving private individuals will be forced into armed conflict with city/county/state/ federal forces at some point. The only questions are when & what will be the size & capability of the citizen effort to remain free. There truly is no other undiscovered land to sail to & start America again so it is fight for it or lose it.
Death to progressives/socialists/communists/fascists/ & the islamic threat as well.
Have a Nice Day?
VOTE???look what that got us last time
What's birchwood casey and polishing cloth? — I'm googling.
OHHHH! Roger that!
I'm a dumbass!
We'll make the French Revolution look like a church picnic. Mabe we could get one of those baloney slicers of theirs?
I think the gold backed IRAs where they hold physical gold for you would not be immune, insofar as the accounts are still tracked by your ID. Self-directed gold accounts too.
I like foreign gold and silver coins that one can hold personally. Gold bars have serial numbers and not very handy.
It's getting creepier and creepier. Careful with offshore accounts insofar as the IRS has been closing the exit doors for the last 2-3 years already. Swiss banks are no longer safe as are all others now. They know who you are and where your money is.
Thanks to the IRS and patriot act. Ready for your biometric national ID card? It's on it's way.
Washington is cruisin for bruisein, all we have to do is say “NO!”
Beware the offshore before you do it, they know who you are and where your money is. Not even Swiss banks are safe anymore for legal currency diversification and protection.
absolutly right. this is the point when violence becomes justified. you take my 401k and it's war.
Jacobite right wing ftw.
I'm starting to think I'm asleep and in a nightmare that I can't
wake up out of……Every day there is some new crap coming
out of this bunch of thieving a**h**es…..I will never figure it out,
how this jerk got elected….It's beyond me……
You are so right about the "MacDaddy of 09 and the 2010 one there McDW.
Let's just hope the woodlin down of MacDaddy of 2011 maintains the trend.
I'm not generally one for "slippery-slope" conspiracy theories, but this one I can kind of actually see.
Step 1. Fed mandates auto IRAs
Step 2. Fed provides helpful guidance on how said funds should be invested
Step 3. Fed provides a convenient "default" type fund for people who don't know what to do with the money that happens to go into treasuries and prop up borrowing.
I don't see the Feds "Nationalizing" the accounts, but that's the beauty of it, they don't have to. They can passivly suck up hundreds of billions of dollars a year to back their worthless paper without having to do a damn thing….. Just think of how many people loan the government money all year just becasue they can't be bothered to figure out the W-4 form….
?
Oh yeah…………….
Lol, he means "Madame la guillotine" or "The French National Razor". The Jacobites were the bloodthirsty followers of Robespierre etal. They killed most of the monarchy, the aristocratic class that didn't play ball with them, invented politically correct language (look up their month names!), hated the Church and killed many priests and religious, and demanded "justice" in the same manner as the rabble of today.
Actually, I see it somewhat differently,
“These idiots have no idea, do they?” – Theresa Defarge to husband Ernest, Paris, 1780
The nightmare continues. I have been concerned about this for sometime, i.e., the confiscation of savings accounts in FDIC insured banks. With the FDIC in such trouble it is not inconceivable for the Feds to seize all passbook, bank issued CDs and other accounts and leave behind at best Treasurys or worse IOUs.
I'm well aware of what the Jacobites did, and just couldn't see them as right wing, but rather at the other end of the political spectrum. Proto-lefties.
This is exactly what the Liberty movement is trying to avoid.
Exercise the First Amendment to avoid having to employ the Second.
Attempts to bait or lure the Liberty Movement into something nefarious will fail. Let there be no doubt about that.
Most of mine is still in cash as I got out in 2008 before the drop. I was so fearful of something like this that I paid off my mortgage. I will eventually re-invest the rest but who knows in what? Land? My 401(k) is still at risk as is my wife's.
They'd be trampling over another basic right: the right to property if they do this. They've steadily eroded it over the years, but I fail to see how any Supreme Court could be stupid enough to think a grab of this magnitude would be justified even under Eminent Domain.
Do you get a free tinfoil hat when you open a gold-backed IRA?
What is surprising is that no one is saying they are willing to defend with arms, their wealth. I am. Am I the only Mohican left?
Death to Tyrants and Corrupt Politicians.
it appears we are going to find out the real reson there is a second ammendment
Isn't Bernie Madoff spending the rest of his days in prison for implementing a similar scheme?
And now you can all understand why Obama could give two squats about the deficit or his out of control spending. He's got plan after plan in the works, ready to take our money to pay for whatever he wants next. With Bernie, it was called a Ponzi scheme. With Barry, it's called Tyranny.
Don't tread on me.
You probably already have – empty threat. People who invest overseas need to be deported.
Most of the lawyers are helping hin steal from us!
Lock and load, folks, there's a sh*tstorm coming.
I can just see the excutive order being signed, and the day after 100 million people marching on DC, I dare the "One" to even try it, LMAO the creepy ballerina and the god man are in for some tough times.
http://www.ronaldholland.com/retirementtrap.htm
I think I saw you there last night during my nightmare. Try telling liberal friends what's going on and they think I'm 5150.
I think we all hope that the elections will change that, but I'm prepared to defend my property.
pwrecker, I dropped all of my liberal friends..(All 3 of them…..lol)…When
they told me they voted for this jerk, I told them I'd check back with them
in 4 years if we all survived……….lol
Best offshore your butt at the same time.
mojo called it. If it is an "official" IRA, it will be seized.
Isn't that two words?
Give 'em hell Sue!
Except, money loses value due to inflation. Better make it metals.
And "Diversify" ;D
("A bit of gold, a bit of lead, a bit of steel…")
hillary just sold us out to the UN resolution on small arms control.
I invest my money into my garden…I will eat food while the rest of the retired will eat stocks or worse…IOU'S from the government.I've been out of the crooked stock market for a few years now.
My brain is about to explode when I think about all of our rights they are in the process of taking away. We need a legal beagle to post on this one. How will they contrive a position to make this allowable? What happens to our designated beneficiaries who are scheduled to inherit our hard earned money – does that become Uncle Sam? Don't think so!!!!!!!!
Time to Impeech this jerk and all his dark buddies who feel they deserve Everything because…hummm…We are done with Obama and all his merry men, end this now America its only going to get worse.
a round of Hoppe's #9 for all my friends! i can close my eyes and still smell that stuff. mmmmmmm…..
[...] The United States of Argentina: Obama’s Pension Grab from Big Government by J.C. Arenas [...]
I'll offshore my $$$ and my whole family before I let NObama get it. If he gets away with something like this it won't be worht staying in the Socialist States of NObama anymore. I'll move to Argentina! I love it there… I'll just keep my retirement $$ in switzerland or someplace.
Several weeks ago, I saw a claim made in a blog (don't remember which one) that the Department of Homeland Security had placed an order for 100 million rounds of ammunition for the U.S. Border patrol to be delivered over a five year period. On its face, this doesn't make much sense. If this is the direction that Dear Leader is planning on taking us, they may need it.
1048 more days of this, hang on, speak out.
No theory here partner, Miller D-Ca has been working on this in the back room since 2007, this crap isn't new. Bush tried to do something about it and got shutdown by dem congress, most people were asleep at the wheel and these things just wizzed by them while being preoccupied with fluff and change. Check out those Miller hearings and take special attention to who was doing the research and planning, ties to Acorn. Scared Yet!!
Gee, I wonder what Sean Penn, Matt Damon and Michael Moore have to say about this?
[...] silly me, I forgot about the confiscation of the 401k’s….from Big Government “the United States of Argentina“, Michelle Malkin on what extension of unemployment benefits do according to Krugman’s [...]
While I realize anyone can say anything on the internet, a few months ago on another board, someone who claimed to have Justice Dept. connections said that Obamao signed a directive to Hack Holder to research the possibility of confiscating land and denying Caucasians the right to own land in the US, similar to what Hitler did to the Jews in pre-WWII.
Somehow I'm thinking our power of NO isn't working
That biometric card is creepy! Fingerprints my a$$ ~
Thought I heard that they (whoever the heck they are) was requesting the names of people who held accounts in Swiss banks, and the Swiss refused. Maybe I heard it wrong. Your point about self directed IRA's and real estate is exactly what I'm doing –
God help us all ~
that would be a heck of a fight, whites are still the majority in this country – but then again, nothing these freaks do would surprise me -
You are all right about the IRAs. It won't matter where or how your investments exist. They will be turned into fixed interest savings accounts that will actually loose money when the inflation bubble hits. I would invest in lead and not gold.
ahmen brother! gold, lead, and steel.
I relate more to them than my wac-job baby-boomer parents.
When an issue is open for discussion this is a cue that it is a negotiable item. The Goobermint brought this scheme into being and the Goobermint can take it out. The funny thing is, Barry will be retired in security and luxury while the people he juiced will be working to pay off his tab.
You're so right…Obama should be impeached for almost everything he's done since he was immaculated as POTUS-God. Treason, high crimes and misdemeanors against the American people, even his ineligibility as a non-natural-born citizen to hold office! If we wait any longer, we and our hard-earned and well-deserved retirement savings are SOL.
Swiss have been fighting them for years. Swiss have banking laws and strong property rights laws. UBS caving in to continue business in USA, but government holding firm. England trying to do the same thing, so Swiss Gov trying not to set precedent.
UBS caved and given up 5000 names of 50,000 US names so far. Swiss government law overrides Bank rules, but banks can cave unilateral to save themselves. Other foreigners still protected, but not USA.
There is much much intrigue here. Obama was famously seen golfing with Swiss UBS president in Nantucket during Kennedy funeral. Obama is a politician and I'm sure he knows all names on the list and what a bonanza that is. He can blackmail the other 45, 000 on the list at UBS, liberal or conservative, to get them to bend to his will. I wonder how many billionaires and multimillionaires, captains of industry, tycoons and politicians with slush funds he could blackmail. After the outing, it was announced Obama admin would only seek redress from the already announced "5000" named so far, and would settle for being less aggressive on the others —– for now. Can you say Pharma ceo, Ins ceo, Hospital ceo, or any rich person with a swiss bank account at UBS invovled with health care must cave or can put in jail for tax evasion — boggles the mind how Obama could cut deals.
In Costa Rica, Biden made a trip down there last spring, and 2 months later the banks cracked down on expatriates with draconian banking data requirements. And the USA IRS opened a big new building in downtown San Jose, Costa Rica.
That is pretty much how it will work, and they've actually talked to a person who testified in congress how to do it, in Fall of 2008, prior to the election actually. google: ghirladucci economist at New University (not sure exact name, economist who came up with this and testified congress)
They take your IRA money, buy treasuries with it [ small yields on it, but "safe"] and when the dollar collapses because of their spending it's worthless.
Think of it this way — they are totally broke and crooked and are just looking around for where the money is laying around and how they can get their hands on it. $8 Trillion is a lotta money and they're gonna make the grab. They'll use the excuse that it is because of the government you have it in the first place.
The large pensions adn endowments like the Calpers fund $100 billion, and the Harvard Endowment Trust (hedge fund with college attached) $30 billion — those will be the last to be touched because they are "special"
.
Treasury department is going after these guys, there is much intrigue as well.
Self directed real estate is good way to go. I'm thinking they can't carry it away, And some foreign property laws stand in their way. There are also special "maritime liens" you can place on the properties which then take precedent over national liens by a government. These are international, and very respected and recognized liens that supersede US government liens. Comes from the old strict naval days and pirate days. Uniquely, they can be used in the USA to place a lien on a house inland anywhere!
Example, if you have a friend that can produce paperwork that you bought a vessel from him but did not pay for it in Thailand, they can place a lien on your house in the USA, which shields it from uncle sam. Having an existing paper trail is key, with history of small monthly payments on the lien – even better.
I bet they want to do this to give it to the unions.
It sure wont be going to the retiring boomers who will be collecting social security ,because the new healthcare bill will take good care of those people…6 foot under!!
Personally I think they'd do it and just make the courts catch up, by which time it would be too late.
They could declare Force Majeur, or say that if it wasn't for government allowing the tax deductions on the accounts you wouldn't have them in the first place. The health care bill has a provision whereby all your bank accounts and personal ID info is available to be debited by the IRS, which will be the enforcement arm of healthcare.
Sunstein, the chief Obama regulatory Czar, is on the record saying that he does not believe money belongs to citizens, because the government prints it up, and merely allows us to use it. I kid you not!
.
It appears Obama was the salesman of the decade for the NRA for good reason. Sales have skyrocketed. I think you are not the last of the Mohicans, the others just changed their coiff.
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[...] » The United States of Argentina: Obama’s Pension Grab – Big Government [...]
Maybe the Government can just tatoo a number on our arms so our ID's can't be forged.
Buried coffee cans in the backyard are old hat. PVC pipe with screw caps on both ends can hold a number of coins and gold jewelry. Just choose your length and how deep you want to go.
No the 5150's voted against President George W. Bush. The 5149's voted for other reasons such as Obama's Hopey, Changey thingy, and the Unions just voted for who they were told to vote for.
Jacey, the possibility of Obama confiscating land and denying Caucasians the right to own land in the US would only be used in time of Emergency. Such as during his Wednesday WH parties, or his Saturday night date night. Or Mondays, Tuesdays, and Thursdays. But Sunday will be his day of rest.
Obama won't be satisfied until he is in control of everything in your life. There is not a government solution that he doesn't like. The Obama voters all ignored this socilaists history. His thugs have their hands on everything
what did o leave the bond-holders of GM??? Expect the same. Georgie Porgie wants your money.
I suggest making friends with your local coin dealer. No paper trail if you pay cash. Better get gold/silver coins and prepare to store them.
[...] The United States Of Argentina: Obama’s Pension Grab [...]
After it's buried, cover with a layer of dirt. then put some old cans , nails, etc to throw off the metal detectors. Dig a dozen or so holes with most being decoys. Can't be to careful
The Czars march on to do their evil business. Their creativity is totally amazing. Now they want to control all of our waterways and land masses. Indeed it is one unending nightmare, We are moving on to Executive Orders since congress will not enact his legislation.
"The challenges we had to address in 2009 ensured that the center of action would be in Congress,” said Dan Pfeiffer, the White House communications director. “In 2010, executive actions will also play a key role in advancing the agenda.”
http://bunkerville.wordpress.com/2010/03/09/obama...
[...] The United States of Argentina Jump to Comments Originally published on March 9, 2010 on Big Government [...]
Recall Obama.
In a related note, has anyone notice the price of ammo lately? If you can find it….
BTW:
"All that is necessary for evil to succeed is for good men to stand by and do nothing." – Edmund Burke
Read about this proposed theft a year ago, although the idea has been around in leftist think tanks probably for as long as they saw piles on money sitting in folks accounts waiting for retirement. There is NO LIMIT to the gall and sense of entitlement these Leftists feel to ANYTHING you own.
Listening to the messiah one might believe the real purpose of Obamacare is to save other existing govt healh care programs already doomed to fail as boomers age. Soc Sec is also set to fail without new lumps of cash coming in, which is why the Democrats in charge want access to retirement funds folks scrimped together over many years.
There is No admission of Failure, only demands for More.
Do not buy into ANY govt promise, or deserve the disappointment and betrayal later.
Read about this proposed theft a year ago, although the idea has been around in leftist think tanks probably for as long as they saw piles on money sitting in folks accounts waiting for retirement. There is NO LIMIT to the gall and sense of entitlement these Leftists feel to ANYTHING you own.
Listening to the messiah one might believe the real purpose of Obamacare is to save other existing govt healh care programs already doomed to fail as boomers age. Soc Sec is also set to fail without new lumps of cash coming in, which is why the Democrats in charge want access to retirement funds folks scrimped together over many years.
There is No admission of Failure, only demands for More.
Do not buy into ANY govt promise, or deserve the disappointment and betrayal later.
OK folks remeber the Y2K preparations? The gov't wants to control to damn much and societies can have a break down… In addition to your gold, lead and other items to have… Rice and Beans in a few 25 lb sacks and some basic garden seeds which are not Monsanto modified. The survivors will need food to survive.
Caution: There are data miners masquerading through this country and the IP addressing is very traceable.
SO TELL ME, ALL OF YOU WHO SMART PEOPLE OUT THERE WHO POST THESE COMMENTS: why haven't we yanked this guy's butt out of our White House? IT IS OUT WHITE HOUSE, NOT HIS!!!! Why aren't we marching into Congress and just firing them all???? Don't tell me we have to follow protocols cause no one else is! I say, we need to storm the White House using our 2nd Amendment rights and take back our White House. Frankly, I am tired of all of it. I am tired, tired, tired. I just got laid off myself and all I have is my 401k. If they take that, what will I have at my age (I am in my 60s)? THIS IS ALL INSANE AND WE ARE ALLOWING IT ALL TO HAPPEN UNDER OUR NOSES.
[...] » The United States of Argentina: Obama’s Pension Grab – Big Government [...]
[...] The United States of Argentina: Obama’s Pension Grab [...]
If any remember, the Social Security by FDR was to give seniors a retirement plan. When the government, LBJ to be exact waanted money to pay for a war, they robbed the SS to get the money, now it's broke and they spent the money, you paid into it for 40 or 50 years. What would happen to a bank that did that. Same with Medicare. That is a government run healthcare plan that many, including me have paid into since it's conception. Now it broke and the government wants to run the total America healthcare. I bought a life insurance plan about 30 years ago and it's tripled in value. Which insurance would you rather buy, private or government?
Good Morning J.C,
Very interesting article! Well written!
Sincerely,
Tony Alvarez
http://www.TheREOMentor.com
[...] Read more at Big Government [...]
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