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HomeHungary To Nationalize Pension Funds: “This is Open Blackmail”
Posted by Larry Doyle on November 29th, 2010 7:34 PM |
Might Uncle Sam try to take control of our retirement assets?
“What’s that, LD? Lose control of our retirement assets?” That is, could the “grand ol’ man” unilaterally swap our retirement assets for government sponsored IOUs?
This past January, a regular reader of Sense on Cents provided us a Blueprint for Government Takeover of IRAs. In February, I interviewed Ron Holland regarding his report, “Plan Now to Escape Obama’s Retirement Trap.”
Many readers of the aforementioned commentary and listeners to the aforementioned interview were blown away by the mere thought that our government may possibly look to nationalize our individual retirement assets and accounts. Argentina implemented such a drastic policy but certainly not the United States, right? Do not be so sure.
Would any other nations dare go to these lengths? Well, thanks to our supporter Comrade Joe for bringing a new development to light in this corner of our economic landscape. How so? (more…)
Volcker: American ‘Lack of Urgency’ Will Cripple Us
Posted by Larry Doyle on May 19th, 2010 11:30 AM |
Paul Volcker
We’re different, right? The economic problems in Greece and other nations within the EU are their problems and not ours. Really? In my opinion, Americans are far too complacent regarding our economic problems. We shouldn’t be.
Will the economic, political, and civil waves of unrest rolling across Europe come ashore here in America? It is only a matter of time unless those in Washington charged with addressing the underlying issues take swift action. I have seen zero inclination and political will to do just that. Our Washington elite are so used to feeding at the trough that they would not know how to pull themselves away. How is America responding to these fat pigs?
