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Financial Repression From The Obama Administration: How Savers May Be Forced To Buy Federal Debt
Forbes ^ | 12/23/2013 | William Tucker

Posted on 12/23/2013 7:19:46 PM PST by bkopto

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To: Duckdog; Jonty30
RE :”Will some body please tell me where in the Constitution the gubermint can force anyone to buy anything!”

Required Auto-insurance liability was a great idea for car owners.

My car has been hit more than a few times and Thank God I was never hurt, and that they had insurance.

21 posted on 12/23/2013 7:34:57 PM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: sickoflibs
No they wont.

I wish I could be as sure as you are. However, when the chips are down, and .gov is on the verge of defaulting, they will be grabbing ANYTHING that they can.

22 posted on 12/23/2013 7:37:31 PM PST by bkopto (Free men are not equal. Equal men are not free.)
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To: CatOwner

unless millions do so in a coordinated fashion, the government will just make examples out of them and use them as reasons to kick full blown martial law and disarmament plans into full gear. with their russian and chinese ‘friends’ already here to assist.


23 posted on 12/23/2013 7:37:58 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: bkopto

Putting the money under the mattress looks pretty good now.

Or precious metals stored in your home safe.


24 posted on 12/23/2013 7:39:01 PM PST by fatnotlazy
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To: sickoflibs

Auto insurance is required by each STATE. Not the Fed. The Fed has never before tried to force the citizenry to buy ANYTHING.


25 posted on 12/23/2013 7:39:38 PM PST by originalbuckeye (quality)
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To: Jonty30

“Since the Supreme Court ruled that you can be made to buy government healthcare, anything goes.”

Good point. Looks like the fallout from the Roberts’ decision spans far and wide.


26 posted on 12/23/2013 7:40:48 PM PST by Paulie
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To: bkopto

If they try this I will start taking heads.


27 posted on 12/23/2013 7:42:35 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Duckdog

Will some body please tell me where in the Constitution the gubermint can force anyone to buy anything!

Obamacare.

It’s not in the Constitution but it is reality.


28 posted on 12/23/2013 7:42:47 PM PST by Venturer (Half Staff the Flag of the US for Terrorists.)
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To: bkopto
RE :”I wish I could be as sure as you are. However, when the chips are down, and .gov is on the verge of defaulting, they will be grabbing ANYTHING that they can. “

Obama’s got his hands full telling the insurance companies to ignore provision after provision of Obamacare. He will be busy with that.

I have seen this posted about many times before and its more about trying to get workers to save for their retirement than anything else. Bonds is an option.

One thing bankrupting this nation is millions of people in nursing homes, after strokes and such, with medicaid paying for it because they had little or no savings. (Medicare doesn't pay for extended nursing care)

29 posted on 12/23/2013 7:43:18 PM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: NTHockey
That might just be what starts the revolution. Sharpen the guillotines.

Why? Leave 'em dull says I.

30 posted on 12/23/2013 7:43:22 PM PST by Edward Teach
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To: CatOwner

Oh, I agree with you, however, there is a point where many have nothing to lose and will have their eyes opened to the point that talk will turn to action, and for many in the last third of their productive life, taking away their nest egg will force the issue. Whether or not it will be outright physical resistance or more subtle support to those willing to put their lives on the line is the only question, IMO.


31 posted on 12/23/2013 7:44:51 PM PST by Pox (Good Night. I expect more respect tomorrow.)
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To: bkopto

I remember about five years ago congress talked about taking them because “that is money just sitting there, why shouldn’t we use it” from that witch speaker of the house.


32 posted on 12/23/2013 7:45:46 PM PST by Duckdog (If it wasn't for NASCAR my TV would have gone out the window years ago!)
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To: originalbuckeye
RE :”Auto insurance is required by each STATE. Not the Fed.”

But its a good idea. Correct?

33 posted on 12/23/2013 7:47:22 PM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: fatnotlazy

Ammunition if you can get it.


34 posted on 12/23/2013 7:48:01 PM PST by Venturer (Half Staff the Flag of the US for Terrorists.)
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To: CatOwner

Whether or not it will spark a “revolution” is debatable, but it will certainly cause money, just like water, to seek its natural level, and that will be outside the US or otherwise away from the tentacles of the IRS. Many nations have become financial husks due to criminal taxation and the resulting flight of wealth to warmer climes.


35 posted on 12/23/2013 7:50:05 PM PST by SpaceBar
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To: Duckdog

You can thank the loser, Roberts, for that.


36 posted on 12/23/2013 7:51:37 PM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: NTHockey

It would be a game changer for sure.


37 posted on 12/23/2013 7:54:31 PM PST by ealgeone (obama, border)
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To: bkopto

A regime that used the BATF to secretly deal machine-guns to narcos:

Would that regime use the bureau entrusted to protect the finances of consumers to instead STEAL the finances of those consumers...?

Would they?


38 posted on 12/23/2013 7:56:02 PM PST by gaijin
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To: NTHockey

1000%...i have a nice sized 401K which I SAVED by living within my means, preferring to save for tomorrow rather than spend frivolously today...i’ll be damned, after all the tax I pay, if obama and the rats are going to touch my money...


39 posted on 12/23/2013 7:58:19 PM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: bkopto

They won’t need to, it will be done for them as their bank accounts and 401K’s get reduced by fiat


40 posted on 12/23/2013 8:00:16 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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