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Meltdown: Retirement Funds, Financial Assets Vulnerable to Gov't Seizure
Conservative Examiner ^ | 2/4/2010 | Anthony G. Martin

Posted on 02/04/2010 11:34:53 AM PST by Welshman007

As the Obama administration assures Americans that 'there are signs of hope' in the economy, the facts say the opposite. The forecast is so dire, in fact, that the retirement funds and financial assets of all Americans are vulnerable to government seizure.

Economists and market analysts who predicted the last meltdown are joining in a united chorus to warn that yet another is on the way for 2010, and this one will be much worse than the last.

In an alarming piece at WRSA the assertion is made by several respected authorities on economics that the U.S. Treasury Department will attempt to seize retirement accounts and other private assets in order to address the growing probability that a financial meltdown is on the way for the United States.

(Excerpt) Read more at examiner.com ...


TOPICS: Government; Politics
KEYWORDS: bhofail; geithner; useconomy; ustreasury
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1 posted on 02/04/2010 11:34:53 AM PST by Welshman007
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To: Welshman007

Trickle up does mean come from the bottom.

This is the plan, folks. Destroy it all and kill whomsoever you need to, so as to then start over.

We know this. Odd that they think they’re immune. By ‘they’ I mean every last one of those who think they’re not going to be included.


2 posted on 02/04/2010 11:39:08 AM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: Welshman007

Anything is subject to government siezure these days.


3 posted on 02/04/2010 11:40:56 AM PST by GeronL (http://tyrannysentinel.blogspot.com)
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To: GeronL

Theory and reality are two different things. Lets see them try.


4 posted on 02/04/2010 11:42:12 AM PST by HerrBlucher (Jail Al Gore and the Climate Frauds!)
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To: GeronL

This would start a no crap shooting war.


5 posted on 02/04/2010 11:44:00 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Lurker

yes sir...you got that right!


6 posted on 02/04/2010 11:47:06 AM PST by ldish (Looking forward to Independence Day)
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To: GeronL

http://cloward-piven.com/

That is where we are headed. Drive the economy into ground and seize everything.


7 posted on 02/04/2010 11:48:38 AM PST by whitedog57
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To: Jack Black

CWII ping.


8 posted on 02/04/2010 11:49:52 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Welshman007

Jimmy Carter is now a happy man. He’s no longer considered the worst President in US History. Jimmy says, “Thank you, Obama”.


9 posted on 02/04/2010 11:49:57 AM PST by Signalman
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To: Welshman007

They seize my investments, I march on Washington. Even if I have to go alone.


10 posted on 02/04/2010 11:50:50 AM PST by Dead Corpse (III, Oathkeeper)
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To: Lurker

you bet.
the only way to stop them from this is for all of us who are working to STOP PAYING OUR TAXES by changing our deductions to the maximum or to like 20 like the DUggar family


11 posted on 02/04/2010 11:52:04 AM PST by wheninthecourse
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To: Lurker

you bet.
the only way to stop them from this is for all of us who are working to STOP PAYING OUR TAXES by changing our deductions to the maximum or to like 20 like the DUggar family


12 posted on 02/04/2010 11:52:39 AM PST by wheninthecourse
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To: whitedog57

If the GOP does not have a huge blowout in November then impeach because of BC or something then we are screwed.


13 posted on 02/04/2010 11:52:40 AM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: combat_boots

What you just described is Black Liberation Theology, to a T.


14 posted on 02/04/2010 11:55:16 AM PST by Freddd
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To: wheninthecourse
I think you misunderstand. They're talking about seizing your 401k retirement funds outright.

This has nothing to do with your tax witholding.

L

15 posted on 02/04/2010 11:55:30 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: combat_boots

Idiots in this country are worried about the super bowl and college ball games. People need to cancel cable and sat TV or we are screwed. The liberal media is protecting him. Sports tv programming keeps the liberal networks alive.

As long as the liberal TV networks are alive - we are screwed.


16 posted on 02/04/2010 11:56:38 AM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: Lurker

I think he’s saying starve the beast. Cause it go ahead and collapse.


17 posted on 02/04/2010 11:57:40 AM PST by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: Lurker

They did this in Argentina last year.


18 posted on 02/04/2010 11:59:25 AM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: John.Galt2012
Cause it go ahead and collapse.

Dwindling tax receipts are what's allowing this sort of insane plan to bubble to the surface. Not that I disagree philosophically with starving them of revenue.

But one must remember that a starving beast becomes a very dangerous beast indeed.

L

19 posted on 02/04/2010 11:59:38 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Frantzie
They did this in Argentina last year.

I know.

20 posted on 02/04/2010 12:00:17 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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