All your money is belong to us........from Rico

If you believe that the Government only wants the best for us, as does Congress (Pelosi-Reid-Fwank-Dodd et al), and you can trust them with your money and to 'do the right thing' by us little people....then don't go to the link.

On the other hand (to badly paraphrase Mark Twain) no one's life, liberty, or property is safe when Congress is in session.

In my words: Whenever a politician is speaking, no matter what he says or seems to be saying, he is talking about money...YOUR money.

Subject: Is Your IRA or 401K a Target of Government Appropriation?
Date: Wed, 20 Oct 2010 18:25:21 -0400

Is Your IRA or 401K a Target of Government Appropriation?


Oh yeah! More GRA (Guaranteed Retirement Account) stuff. All your money is belong to us!

The dictator of Burma had a 'dream' one night, and the next day cancelled all circulating currency and issued 'new' currency divisible by "9" (the number in his dream) instead of the decimal-divisible by "10" system they had used.

Inflation finally got so bad [read: uncontrollable] in Zimbabwe they ran out of zero's to put on their dollars, so they just gave up. South African Dollars, Euros, and US Dollars are the only accepted currencies. The people woke up one morning to be told their currency was now worthless and could not be used for anything.

North Korea pulled a similar stunt not long ago. They recalled all of their currency, made people account for how much they had (and how they came by it) and rationed-out 'new' currency.

And my favorite is Argentina. They recently "nationalised" all pensions and retirement accounts. Well, the government was 'broke' and decided they needed the funds more than the people who had saved them did.

And it can't happen here? Repeat after me: Pelosi, Reid, Bawney Fwank...(it's a pretty long list, but you get the idea). Would our elected representatives steal us blind? Lie to us about it? Nawwwww...besides, it's for our own good, the common good, and well, they need the money so they'll just undertake the heavy burden and responsibility of worrying about our money away from us (right along with the money, of course).

Beautiful!


also.....Beware! “Retirement USA” Program Would Be First Step Towards Government Confiscation of Retirement Dollars