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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (35685)8/17/2010 1:06:50 PM
From: Wayners2 Recommendations  Read Replies (1) | Respond to of 103300
 
A couple comments. First I've always said that the Federal Government will always eventually go after whatever large pots of money still available to keep themselves alive as long as possible. Clearly the Feds have been eyeing all kinds of private savings and been stealing that through persistent inflation but they also secretly covet 401Ks, IRA's, private pension funds, government (Federal and State) pension funds, and SEP's (Simplified Employee Pensions). They will find a way to steal that, sure tank the stock market or force people to put a portion of their money into Government Debt. Heck if they can force you to buy health insurance they can certainly force you to buy Government Debt and if you don't you are fined, taxed or imprisoned. It's for your own good and the common good!

Second, when all the tricks and cons have been pulled and there are no more tricks up the sleves of the con artists and the inevitable default actually happens, I can see the Federal Reserve and the Private Banks behind it saying, hey our debt is #1 and anybody else holding debt is subordinate to our debt. As a result of this, watch the Banksters simply seize all Federal Government Assets and simply take over the reigns of tyrranical Govt for themselves. This plot would make for an outstanding movie that will fortell the real future.