According to Bloomberg (“Retirement Savings Accounts Draw U.S. Consumer Bureau Attention”), the U.S. government has recently expressed an interest in controlling the private pension savings of U.S. workers.
“The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.”
Oh, yeah. We’re from the government and we’re here to help you. And, despite the fact that we (the gov-co) are broke and bankrupt due to our own gross and even treasonous mismanagement of government tax revenues, we think it’s time that we now “protect” the $19 trillion you peons have saved.
Therefore, we’d like control over your private pensions and savings so we can deposit your funds into those investment vehicles likely to generate the best return on your dollars.
And what could possibly be a better investment than the gov-co bonds, pension funds, Medicare, Medicaid, ObamaNoCare, etc. that help keep your beloved (but bankrupt) gov-co afloat?
Simply put, the idea that a government that has driven itself (and perhaps this nation) into bankruptcy should nevertheless be trusted to control and manage the private savings of the American people is too freakin’ absurd to even consider.
The gov-co wants your savings so it can also urinate them away just like it’s urinated away our jobs, our industries, our prosperity and the American Dream.
If you are dumb enough to trust your savings to a bankrupt government, then you deserve the personal bankruptcy and poverty that’s coming your way.
Although it’s unclear that government can, as yet, legally “take control” of your savings, we can assume that laws may soon be passed to “legalize” that “taking”. If you trust government and wait until those laws are passed it may be too late to save your savings. On the other hand, if you act now to remove your savings from funds subject to government takings, and convert your savings into something tangible like land, tools, guns, silver or gold—you might not wind up completely impoverished when government comes to “help” protect your savings.
I you want to survive, you’ve got to stop trusting these crooks. You’ve got to think in terms of protecting yourself.
You may have protected your savings from burglars, robbers, natural disasters and con-artists. But if you haven’t protected your savings from your government, you haven’t protected your savings.,