Here’s why (and how) the government will ‘borrow’ your retirement savings

In 2008, a congressional committee was charged with studying how the government could merge people’s IRAs, 401(k)s and Pensions into the Social Security fund.

Now just why in the hell would the government want to study doing such a thing?

Because the Social Security fund is broke and there are a whole lot of people who didn’t save anything for retirement who are counting on Social Security. If Social Security is not there, then a whole lot of people (and their kids, who will now have to support their aging parents) may cause a lot of “social unrest”.

So the government is going to need those of you who did save extra to help out those who didn’t by taking some of your IRAs, 401(k)s and Pension funds to give to the slackers. After all, it’s only FAIR to spread the wealth around a little since you have more than you really need.

link to article:

Here’s why (and how) the government will ‘borrow’ your retirement savings

by Simon Black

Here’s a previous post on this subject: Barack wants to help you save for retirement

2 responses to “Here’s why (and how) the government will ‘borrow’ your retirement savings”

  1. Anonymous says :

    This is not far fetched, if they can take away your money to where you cannot buy food or any guns or ammo to protect you and your family it will be very easy to impliment there real agenda they want to pass, they think theirdoing the rihjt thing by doing it their way, one world religion, one money currency, a new world order, they will convince you to take a chip in your hand that will have your current medical info. and your drivers licence info in it, your bank account info. in it, it will sound very appealing to have that and not need cash to carry around with you. And to track all the illeagals in the country, if they dont have a chip they will tell you that they will deport the illeagals and will not give them your bennifits that you worked for, so you will say yes this sounds pretty good and go along with it. i dont think this is anything like a mark of the beast, but if you take it you will be abled to be tracked by a signal just like your cell phone signal, they will know where your at all time of the day. With justice Scalia is out of the way now obama will be able to get alot more laws changed much easyier than ever, maybe or maybe not. We as American are going to have to be more aware of what obama is upto at all times. I believe were living in the last days of this world, we could have months or even a few short years, no one knows except GOD. But it sure seems alot of the things my grandparents has told me for years are coming to light now. I will be very glad when obama gets out of office, unless hillary gets elected. But iam sure they will screw up social security and our retirement if the union hasnt have stole it allready will be gone about a week before i decide to leave this company. i hope iam wrong about all of this and you can leave me your comments about how wrong i am, but 15 years i never would have though the gays would change marriage between a man and a woman, and in Gods law they havnt changed it, i wonder how long before we have new laws written for pedofiles to please this perverted life style. If theres ever been a time to get close to God this is it. Have a great day and ask yourselve would you be ready if Jesus returns today, i hope i am.

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  2. Anonymous says :

    I read recently that obama is pushing for a cashless society, if that happends he will have mine and yours guns like he’s wanted, just like Hitler did and like you i said that will never happend. But what if he goes to a debit card system and rations food after a major event happends and since your a good guy and propperly registered your guns like every one else did, then he knows who we are and he says if you want to continue getting your food ration you must turn in your guns and you say no, then he just puts a hold on your debit card so it is inactive then you get no food until you do turn it in, doesnt sound to far fetched, especially for obama. Get read and start buying up food for you and your family now, worst thing that can happend if it doesnt go down this way, you eat the food any way. good luck, lets get prepared so we dont have to bow down to this govnt. and depend on them.

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