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European nations begin seizing private pensions
The Christian Science Monitor ^ | Jan. 2, 2011 | Jan Iwanik, guest blogger

Posted on 01/04/2011 5:57:40 AM PST by Main Street

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1 posted on 01/04/2011 5:57:42 AM PST by Main Street
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To: Main Street

Coming to a theater near you. Thanks to Obama and the Democrats. Let’s not forget the RINOS.


2 posted on 01/04/2011 6:02:41 AM PST by Main Street (Stuck in traffic.)
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To: Main Street
It looks like although the governments are able to enforce general participation in pension schemes, they do not seem to be the best guardians of the money accumulated there.

Ha! The very notion is absurd. You cannot trust a big-government socialist politician with even one dollar.

3 posted on 01/04/2011 6:04:19 AM PST by ThunderSleeps (Stop obama now! Stop the hussein - insane agenda!)
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To: Main Street

Europe could well be rapidly lurching towards scattered revolution and civil war across the bankrupt continent.


4 posted on 01/04/2011 6:04:36 AM PST by jpl (Our forebears really gave their lives so we could be groped by bureaucratic retards at the airport?)
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To: Main Street

I know of very educated, level-headed sensible people, physicians, etc. who have stated unequivocally that they would take up arms against their government if their life savings were seized.


5 posted on 01/04/2011 6:06:41 AM PST by TSgt (Colonel Allen West & Michele Bachman - 2012 POTUS Dream Team Ticket!)
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To: jpl

You hit the nail on the head. The writings on the wall.


6 posted on 01/04/2011 6:08:41 AM PST by Main Street (Stuck in traffic.)
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To: Main Street

This is happening in the US today!
Congress is running up the debt. This in turn forces Tim and Ben to print more money! They are causing inflation which is a much more direct method of confiscating savings and retirement funds.


7 posted on 01/04/2011 6:12:43 AM PST by updatedscreenname
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To: Main Street
This is one reason I really thank the Founders for the Second Amendment.

If the politicians try this in the USA, they better find themselves a really defensible place to live.

80 million Americans own firearms and probably the majority of them have some kind of IRA or private savings for retirement.

The congress critters need to do the math, and I'm not talking about balancing the budget, I'm talking about "Jethro's guzzintas".

80 million gun owners guzzinta 535 lawmakers how many times?

Young readers can google Jethro, Jeb, Granny, Ellie Mae, Texas Tea, etc.

8 posted on 01/04/2011 6:16:07 AM PST by USS Alaska (Nuke the terrorist savages, in honor of Standing Wolf.)
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To: updatedscreenname
"Congress is running up the debt. This in turn forces Tim and Ben to print more money! They are causing inflation which is a much more direct method of confiscating savings and retirement funds."

BINGO! Except it's even more underhanded and dishonest, since the Fed operates "automomously" and they don't have to vote on a damn thing to inflate the currency. Even worse, some idiots still think big, greedy corporations are responsible for inflation.

9 posted on 01/04/2011 6:22:55 AM PST by Mich Patriot (...politics is the second oldest profession...it bears a striking resemblance to the first." RReagan)
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To: Main Street
With RINOs and the DNC and the Communists in power,
this will happen to fund redistribution and reparations.

And it will look like THIS:



10 posted on 01/04/2011 6:24:13 AM PST by Diogenesis (Si vis pacem, para bellum)
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To: TSgt

We are armed.
The Hungarians, Bulgarians, etc., are not.


11 posted on 01/04/2011 6:31:56 AM PST by Eric in the Ozarks (Go Hawks !)
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To: Main Street

I am spending much of my savings this year on much needed dental work. By the end of the year, I’ll have every dental issue resolved.

I’d rather use the money NOW, than have it inflated away in the very near future.

I do not think I’m alone.


12 posted on 01/04/2011 6:32:12 AM PST by Le Chien Rouge
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To: Main Street

Anyone else notice the light bulbs going on over the democrats head?.


13 posted on 01/04/2011 6:45:23 AM PST by Vaduz
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To: DUMBGRUNT

ping


14 posted on 01/04/2011 6:52:50 AM PST by mountn man (The pleasure you get from life, is equal to the attitude you put into it.)
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To: Main Street

Ping for later


15 posted on 01/04/2011 6:58:01 AM PST by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: Eric in the Ozarks
We are armed. The Hungarians, Bulgarians, etc., are not.

Well, they’re working on that.

16 posted on 01/04/2011 7:06:59 AM PST by TribalPrincess2U (demonicRATS= Obama's Mosque, taxes, painful death. Is this what you want?)
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To: Main Street

Yep, before they give up power they will rob the people first, they must be forced to give up power by starving the beast..eliminate taxes altogether, close the IRS..etc...


17 posted on 01/04/2011 7:16:46 AM PST by aces
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To: TSgt

They’ll tug their forelocks and bend knee when armed IRS agents show up at their front doors. It’s easy to talk now.


18 posted on 01/04/2011 7:48:00 AM PST by warchild9
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To: USS Alaska

Let’s see real people pull themselves away from their sports on television and “take up arms.” Such a thing will shock the world.


19 posted on 01/04/2011 7:49:47 AM PST by warchild9
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To: Le Chien Rouge

Smart people are converting their savings into gold, corporate bonds...and practical things, like dental work. I wish I was a few years older so that I could manage all this without taking that tax hit.


20 posted on 01/04/2011 7:51:36 AM PST by warchild9
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