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Tyler Durden ZeroHedge 2/12/2014 At first we thought Reuters had been punk’d in its article titled “EU executive sees personal savings used to plug long-term financing gap” which disclosed the latest leaked proposal by the European Commission, but after several hours without a retraction, we realized that the story is sadly true. Sadly, because everything […] February 13th, 2014 | Tags: Cyprus, IRAs, Jim Rogers, MyRA, personal savings, redistribution of wealth, Ron Paul, savings account seizures, securitization market, State of the Union Address | Category: Banking and finance, Barack Obama, European Union, Glenn Beck, Goldman Sachs, Socialism | Comments are closed
Mac Slavo SHTFplan.com 11/20/2012 A new effort by the Obama administration, Congress, the Treasury Department and labor unions aims to fundamentally alter how Americans plan and save for retirement. Warnings have been popping up over the last several years about the possibility of re-appropriating the $3.5 Trillion sitting in private retirement and spreading those funds […] November 22nd, 2012 | Tags: 401(k) plans, AFL-CIO, government annuities, IRAs, National Seniors Council, Pension Rights Center | Category: Barack Obama, Congress, Department of Labor, Government regulations, Media accountability, Socialism, Treasury Department, Unions | Comments are closed
Monty Pelerin American Thinker 7/25/2011 The notion of government raiding personal retirement accounts for funds may seem extreme. Perhaps it shouldn’t. Other governments have done it. Argentina did in 2008. Ireland has indicated it might. The worsening financial crisis may eventually move other countries in that direction. Surely the US would never do so. Actually, […] July 26th, 2011 | Tags: 401Ks, debt ceiling, hyperinflation, IRAs, personal retirement accounts, QE3, Social Security | Category: Federal Reserve, Federal spending, Property rights, Treasury Department | Comments are closed
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