The U.S. Debt, not including unfunded liabilities, is over $17 trillion dollars. The sociopaths who are driving the titanic will be arguing over raising the debt ceiling again. If we look back to September of 2011, which was the last loud debt-ceiling argument, gold rose 21% in a period of three months while politicians caused a major corrosion of confidence in our leaders. When governments are broke, everything is fair game.
Government officials are parasites; they don’t produce anything. They only feed off of those who do. As one person said, the fatter the government, the skinner the people. And when government officials cannot meet their obligations or fulfill the promises they made to the public, they’ll figure out ways to appropriate the public’s money to fund their projects. Government officials don’t produce wealth; they only redistribute your wealth. Desperate government officials will always resort to expropriation, which is outright confiscation.
If the Federal Reserve is currently buying 90% of the U.S. Treasury market and they are going insolvent, who do you think the government will lean on to pick up the slack? The answer is YOU. Ten thousand Baby Boomers will turn 65 years-old every day until 2030. And while the government has a debt problem of $17 trillion, not so coincidentally, our country’s IRAs, 401Ks and retirement accounts amount to that same number: $17 trillion. What a convenient resource for the Federal Government.
So here’s the plan: The government will nationalize retirement accounts like IRAs, 401Ks, pensions, 403Bs, etc. so that you will be forced to use a portion of your retirement wealth to purchase U.S. government debt – debt that will ultimately default, as it is not possible to sustain our astronomical debt nor the deficits that create it.
Plan to Nationalize Private 401K and IRA Retirement Accounts
If you do some research on US Bill “HB5337,” you will find the plan to nationalize retirement wealth. On May 6, 2012 Lauren Schmitz, a research analyst at the Bernard L Schwartz Center for Economic Analyst (SCEPA), introduced HB5337. This 401(k)/IRA de-privatization is the brainchild of Teresa Ghilarducci, whom through funding from the White House and the Ford & Rockefeller Foundations engineered a new “Regulatory & Tax Incentive.” The purpose is to force Americans to convert their Retirement Accounts into Government Managed accounts.
This plan to nationalize private 401K and IRA retirement accounts is being deceptively publicized as the government protecting the public against business failings or state bankruptcies. Your cash, your retirement funds, your bank deposits and your investments are at huge risk of being confiscated by the government through some contrived reason or another.
And the Government, the LIEberals and their lapdog media continue to push gun controll
Over a 100 million owners with the fastest growing group..Women..
Will we see politicians, LIEberals like Bloomberg, Moore, Maddow, Matthews etc. or reporters coming to confiscate our guns?
Do the math…If only 3% say hell no…damn…Lots of pissed off people with guns!!
One hopes, one hopes …
Obama’s supposedly home state…
And the government keeps coming after our Rights, Freedoms and guns..Using whatever reason and method they can!
Political abuse of psychiatry is the purported misuse of psychiatric diagnosis, detention and treatment for the purposes of obstructing the fundamental human rights of certain groups and individuals in a society.
Examples of political abuse of the power, entrusted in physicians and particularly psychiatrists, are abundant in history and seen during the Nazi era and the Soviet rule when political dissenters were labeled as “mentally ill” and subjected to inhumane “treatments. In the period from the 1960s up to 1986, abuse of psychiatry for political purposes was reported to be systematic in the Soviet Union, and occasional in other Eastern European countries such as Romania, Hungary, Czechoslovakia, and Yugoslavia. The practice of incarceration of political dissidents in mental hospitals in Eastern Europe and the former USSR damaged the credibility of psychiatric practice in these states and entailed strong condemnation from the international community. Political abuse of psychiatry also takes place in the People’s Republic of China. Psychiatric diagnoses such as the diagnosis of ‘sluggish schizophrenia‘ in political dissidents in the USSR were used for political purposes.
Really? A private company can do better then the Gub’mint?
Good list…Smart woman..Great writer..
One big effing failure!!
Government will control all…….
Is how Obama rolls…and lies…
Tyranny on action!!
One wonders when terrorists in Russia and elsewhere will suddenly start dying off? One thinks the Russians with Vlad in charge won’t be as bumbling or pathetic as Obama is…
If it moves….Tax it!! It is the politicians way!!
As cycling as an alternative mode of transportation increases in popularity, lawmakers are taking note — and drooling over the possibility of additional tax revenue.
The New York Times….Does not report news…They make it up…Like the Tabloids in the check out lanes at your favorite grocery store…Humorous and ridiculous and downright stupid..
The New York Times has looked into it and decided it couldn’t find any evidence Al Qaeda was involved in the 2012 attack on the US mission in Benghazi in which the US ambassador to Libya and three others were killed.
Islam….The Cult of murderous thugs and haters….No wonder the Left in America is so enthralled with them!!
Obama. Supporting Mooslim terrorists and thugs…Keep giving and giving to terrorists until???
Low information, non thinking, dumb democrats (sorry repeated myself there!) want it all….Stupid…These people have access to a wealth of information today. Of course one needs to get to the facts and do some research…But it seems the left does not…
Especially young ones…..whom grew up in the GIMME! MINE! world!
Damn climate change!!
Is supposed to be warming! Ice is supposed to be melting!! Especially when it is SUMMER in the Antarctic!!
Could you imagine Obama and what appears to soon be his ex, Mooch living like this?
ObamaScare. Leaves nothing untouched!!
Around 457 pages into Obamcare, section 4205 stipulates:
“the vending machine operator shall provide a sign in close proximity to each article of food or the selection button that includes a clear and conspicuous statement disclosing the number of calories contained in the article.”
This is the Mooslim conversion process……
And a freebie…
THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated. Britain, with an army to enforce her tyranny, has declared that she has a right (not only to TAX) but “to BIND us in ALL CASES WHATSOEVER” and if being bound in that manner, is not slavery, then is there not such a thing as slavery upon earth. Even the expression is impious; for so unlimited a power can belong only to God. – Thomas Paine, December 23, 1776
It is past time to disarm and disband the government and set up independent militias and other private providers of security. We can only do that with military guns in civilian hands. ΜΟΛΩΝ ΛΑΒΕ…
If rampaging killers actually couldn’t get their hands on guns, what do you think they would do, say oh well, never mind, back to class..
Tea Party Members Are Smart
Just when you thought government waste was bad enough, we learn that the government spent $400,000 to study the intelligence of … Tea Party members. According to Fox News’ Greta Van Susteren, however, the results weren’t what the researcher was looking for: “Tea Party members have a better scientific comprehension than non-Tea Party members.” The professor who conducted the “study” found the results “puzzling” — because he clearly expected Tea Party members to be dumber than average. Former congressman Allen West put it this way: “I would find it unconscionable that people on the Left would believe that just because you believe in our founding documents, the ability to understand and comprehend the Federalist Papers, that for some odd reason you’re going to be … a dummy or not have the right type of cognitive abilities. … I think you will find that most Tea Party members are very astute.” But by golly, the government needed $400,000 of your money to figure that out.
Government, bit it local, state or national. Is really bringing the stupid these days…
They seem to have forgotten whom puts them in office…
And whom can remove them…
Then we have public employees. Paid by our tax dollars, pushing us around…