The Government Plot to Nationalize IRA’s & 401k’s continues!
You have been warned, over & over again!
The Signs & Timeline:
September 2009, Goldworth Financial uncovered the early blueprint of our Government`s Plot to Nationalize Private Retirement Accounts. The 401(k)/IRA de-privatization is the brain child of Teresa Ghilarducci, who through funding from the White House and the Highly Influential Ford & Rockefeller Foundations, engineered a new “Regulatory & Tax Incentive”. We reported, the purpose is to herd and ultimately force Americans to convert their Retirement Accounts into Government Managed accounts.
January 2010, we reported on the upcoming meeting between the Labor Department and the Treasury Department, who met to discuss: “ways to promote the conversion of 401k savings and IRA accounts into annuities or other steady payment streams.”
Where do you think the Treasury Department wants to put your money?
Remember, mid/late-2009 is when China notably reduced their purchases of U.S. Treasury Bonds.
On February 12, 2010- CNBC’s Rick Santelli voiced his concern over the “Almost” Failed 30 year Treasury Bond auction. He said, “Something massive is going on here, and it is being covered up. We are very likely on the next stage of the crisis: The U.S Bond Market Collapse!”
Who or What kept the auction from Failure?
Only 10 minutes before the end of the T-Bond auction, a “Mystery” Direct-Buyer purchased the unsold Bonds. The Fed’s later disclosed, they stepped in and bought 25% of the Bonds auctioned off by the Treasury department.
Now they`re “stepping-in” at Every auction and buying Over 61%!