Posted on 09/07/2012 11:06:25 AM PDT by Pietro
I beleive that if Obama wins this election he will move to nationalize our 401Ks and every other pension plan in the country. Why?
Consider:
Even after raising taxes on the "rich" he'll be no nearer to reducing the deficit; and then Obamacare kicks in.
His big idea boys will look around and notice the trillions locked up in pensions and 401Ks. They'll figure its all the government's money anyway and so they'll grab it.
They won't be able to go through the legislature so they'll need to use one of the Cabinet dept's to make the grab, and they'll have to do it quick, before you can react.
The election will show them the % of moochers vs % of producers and so they'll be comfortable thinking a majority supports the theft.
Once capital controls are in place, you will not have a choice. You will be stuck.
Each day that passes, fewer banks accept US citizens because of the FATCA requirements.
There are still some today.
Your call. I’m gone.
When dems controlled Congress, they were working on this grand theft move.
I have no doubt we would see an executive order from the Bamster if he does not have a socialist Congress to do it and he’s facing an economic crash. GOP would do nothing about it. It will be the unread emergency “solution” when they crash the economy. They will sell it as “free retirement funds” from the “rich” for everybody in equality! It may be said to replace Social Security.
It’s going to be tempting to any politican when the economic sh!t hits the fan. It will be the carrot to offset the cuts in spending and tax increases. It will shake down only a minority of “rich” people. Everyone in the know will move their money out and take the tax hit before the grand larcney happens.
That’s because the dialectic is incrementalism.
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