Obama To Nationalize & Confiscate Nations 401ks & Retirement Accounts
Friday, July 5, 2013
Obama to Nationalize & Confiscate Nation’s 401ks & Retirement Accounts
The plan to confiscate your 401k & pension gains steam and momentum as Obama’s Media preaches the need for government to seize all retirement accounts and redistribute them.
Some of us saw this coming awhile ago. My friend John Galt Fl saw this clearly back in 2007 and warned about it. Some poo-poohed that notion and told him that doing so would create a civil uprising and that such an idea would never happen. John laughed at the ignorance and continued warning the inevitability of the government being unable to resist the urge to steal billions of dollars just sitting in the hands of private citizens as the government behemoth goes broke.
It’s not that John was prophetic, he just understands tyrannical government and market manipulation when he gets a whiff of it. He writes about the steamrolling juggernaut movement being ranted about in Obama’s media, the first salvo to soften the beachhead of public opinion for the landing of government action to confiscate your retirement accounts.