The Final Nail In America’s Financial Coffin
by Dave Hodges
May 30, 2013
Our government is broke, in fact they are beyond
broke since the 2008-09 decision was made to cover the derivative debt losses of the criminal banksters. As a result of their financial desperation, the government, on behalf of Wall Street, has become increasingly desperate, aggressive and criminal.
There can be no doubt that most of the aware among us are cognizant of the ongoing government discussions being held about their intentions of requiring every U.S. citizen to put at least a portion of their retirement savings into a government-controlled retirement accounts regardless of whether they have your approval or not.
As I have reported before, Treasury Secretary, Jack Lew, has announced that he is “borrowing” from federal pension funds this summer in order to help the federal government meet its debt obligations. Since the national deficit is $17 trillion dollars and the unfunded federal mandated liabilities will exceed $200 trillion dollars in one year, these victimized federal workers will never see their full retirement. And if you find yourself breathing a sigh of relief because you do not work for the federal government, you have sadly deluded yourself because the government mafia is coming after all forms of retirement accounts, both pension funds and invested retirements (e.g. 401k’s).
Why Would the Feds Start Their Crime Spree With Federal Retirement Accounts?
If the federal government is planning to steal retirements, would they be wise to steal them incrementally, or all at once? Of course, incremental theft is always preferable because it avoids an initial widespread confrontation with the public. And who better for the federal government to steal from than federal employees because who are they going to complain to?
Federal Employees Are Just the First Wave of Victims