They know here they have to get the guns off the streets first.
The only way to keep this government here solvent while still maintaining the massive, massive entitlement bribes to Democrat and illegal voters is to nationalize private retirement funds. 401Ks, IRAs, Roth IRAs, CDs, you name it.
These funds will be confiscated and a token chit increase in the person’s Social Security Account disbursements when reaching age 66-70 will be on the order of less than $300-500/month. You will effectively be forced to trade you several hundred thousand dollar retirement accounts for some pittance of an increase in the NEW GOVERNMENT SS PLAN.
Better keep your accounts as liquid as possible to cash out at a moment’s notice, because this WILL happen....it is the only way to forestall the transitional problem of having enough money for the leeches, keeping some semblance of solvency during the transition to King Obama’s lifetime rule.
Coming to a country near you!
These people live for one thing: to take money from those who earned it honestly and give it to those who vote for them.
“Proposals now on the table to reduce the degree to which social security pensions are topped up for inflation will have the effect of transferring money from pensioners back to the government, where it will be used again for whatever purposes politicians want.”
Not quite. The money from the pensioners (in the United States) has ALREADY BEEN SPENT. What these proposals try to do is lessen the burden on my kids, a bit.
“...and the money kept rollin’ in...”