Topic: How the US government will seize your retirement account
no photo
Mon 07/16/12 02:59 PM
How the US government will seize your retirement account


In the US, public pensions have been raided for years, Congress routinely ‘borrows’ from Social Security to make up budget shortfalls. This is what talking heads mean when they play down concerns of a $14 trillion debt “because we owe it to ourselves–” $4.6 trillion of the debt is owed to intragovernmental agencies like Social Security.
Chances of this money being repaid to Social Security in full? Slim. The trend is more debt, not paying off existing debt. In fact, I’m convinced that politicians have their eyes firmly fixed on the trillions of dollars in private, individual retirement accounts (IRAs) in the United States to fund new spending.
Here’s how it will go down:

Read the article:
http://www.sovereignman.com/expat/how-the-us-government-will-seize-your-retirement-account/

lilott's photo
Mon 07/16/12 04:25 PM
If I was president I could have this country in the black in 4 years.

no photo
Mon 07/16/12 08:43 PM

If I was president I could have this country in the black in 4 years.

What about the whites and latinos and asian?shocked