Wednesday, January 29, 2014

Obama one step closer to seizing retirement accounts

One of the planks of Communism is the prohibition of private property. You don't suppose that Obama is headed in that direction, do you?

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Bruce

"NEW YORK – When you hear, “Hello, I’m from the federal government and I want to help you manage your retirement savings,” the best advice is to run away, as fast as you can.

In November 2012, WND reported the Obama administration was exploring a creative way to finance continuing trillion-dollar annual federal budget deficits through forcing private citizens holding IRA and 401(k) accounts to purchase Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts."

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