Skip to comments.
Europe starts confiscating private pension funds
washington examiner ^
| 1/3/11
| Mark Hemingway
Posted on 01/03/2011 3:09:10 PM PST by Nachum
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-43 next last
1
posted on
01/03/2011 3:09:18 PM PST
by
Nachum
To: Nachum
So what should we do? Pull the 401k?
2
posted on
01/03/2011 3:12:48 PM PST
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: Nachum
Most of Europe aren’t democracies, and they certainly are not Republics governed by the rule of law. The UK is the closest it comes, but even they don’t seem to care any longer.
They can all go to hell.
3
posted on
01/03/2011 3:12:57 PM PST
by
PGR88
To: Nachum
Well, this is good news for Swiss bankers.
To: redgolum
Gold and Silver are the last refuge.
5
posted on
01/03/2011 3:15:30 PM PST
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Nachum
When the government takes private property it take away your freedom. As the state motto of NH says, “Live Free or Die”.
6
posted on
01/03/2011 3:15:50 PM PST
by
pleikumud
To: Nachum
So what should we do? Pull the 401k?
7
posted on
01/03/2011 3:17:44 PM PST
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: PGR88
Have you noticed just how much President Obama pays attention to any law?
8
posted on
01/03/2011 3:18:25 PM PST
by
ANGGAPO
(Layte Gulf Beach Club)
To: Nachum
There was a Harvard prof who was advocating this about a year ago. Mark Levin interviewed her. I’m sure it’s archived.
9
posted on
01/03/2011 3:22:44 PM PST
by
FrdmLvr
(Death to tyrants)
To: Nachum
Its criminal & pathetic that the govt that is supposed to protect the people now becomes the very criminals that are creating the suffering and robbing the people.
The problem of all govt's is that they eventually become corrupt, and see the people who they are supposed to serve & protect as an infinite source of taxable revenue.
10
posted on
01/03/2011 3:22:48 PM PST
by
prophetic
(0Bama = 1 illegal president = 32 illegal, unconstitutional & unnecessary CZARS to do his job!!)
To: Nachum
The most striking example is Hungary, where last month the government made the citizens an offer they could not refuse. They could either remit their individual retirement savings to the state, or lose the right to the basic state pension (but still have an obligation to pay contributions for it). In this extortionate way, the government wants to gain control over $14bn of individual retirement savings. And the Hungarian pussies haven't started an armed revolution because???
11
posted on
01/03/2011 3:24:08 PM PST
by
E. Pluribus Unum
(DEFCON I ALERT: The federal cancer has metastasized. All personnel report to their battle stations.)
To: Nachum
They could either remit their individual retirement savings to the state, or lose the right to the basic state pension (but still have an obligation to pay contributions for it). In this extortionate way, the government wants to gain control over $14bn of individual retirement savings.little fish become fish food for big fish when the fish flakes run out. luckily that could never happen here.
12
posted on
01/03/2011 3:24:21 PM PST
by
RC one
(WHAT!!!!)
To: Nachum
13
posted on
01/03/2011 3:24:54 PM PST
by
CPT Clay
(Pick up your weapon and follow me.)
To: Nachum
There’s been some talk about doing it here, with the 401Ks.
14
posted on
01/03/2011 3:27:15 PM PST
by
Cicero
(Marcus Tullius)
To: E. Pluribus Unum
And the Hungarian pussies haven't started an armed revolution because??? Hungary needs the Spirit of '56.
15
posted on
01/03/2011 3:28:00 PM PST
by
dfwgator
To: Nachum
Which can be taken by Fedgov Fiat. Happend in the 30’s.
16
posted on
01/03/2011 3:28:00 PM PST
by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: Nachum
This is step one. It will come to America.
Step 2 is tried and true: simply force the rich to give all their money to the state in their wills for lavish public projects. Nero did it (and then killed the rich when they didn’t die fast enough) and Justinian did it, although he put up the pretense of legality by having them amend their wills to give him all their money upon death.
The bottom line is that any time there is a pot of money anywhere, some politician will try to get his hands on it.
To: Nachum
At some point for many there will be nothing left to lose.
To: Opinionated Blowhard
Step 2 = 0 care?
Said hands need to be chopped off either figuratively and/or literally. The one good idea of the muslims is cutting off the hand of a thief.
19
posted on
01/03/2011 3:33:35 PM PST
by
wally_bert
(It's sheer elegance in its simplicity! - The Middleman)
To: redgolum
Many used to keep money in the form of Gems too. They are small, easily hidden, and transportable.
20
posted on
01/03/2011 3:34:47 PM PST
by
Nachum
(The complete Obama list at www.nachumlist.com)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-43 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson