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The Government Is Going to Help Americans Keep Their Retirement Funds Safe. Oh, Goodie.

Written by Gary North on February 4, 2013

“I’m from the government, and I’m here to help you.” Run.

We know what’s coming. The government will find lots of risks for Americans. Next step: a program to offer government-guaranteed retirement bonds tied to the dollar. They will pay maybe 3% — guaranteed!

Then these bonds will be made compulsory.

Then consumer prices will rise, due to quantitative easing.

Then long-term interest rates will rise.

Then bond prices will fall.

Then the government will change the accounting rules. Government bonds will not be marked to market in retirement accounts.

Step by step, the federal government will find ways to strip working Americans of their wealth. After all, working Americans owe it to federal employees to keep them employed.

To read all about making retirement safe for Americans, click the link.

Continue Reading on www.bloomberg.com

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4 thoughts on “The Government Is Going to Help Americans Keep Their Retirement Funds Safe. Oh, Goodie.

  1. Jesse Jackson, Jr said it more than once: the govt should just confiscate all personal retirement accounts to make life more "fair" to those who don't have one.
    Hey, Jesse: how about YOU donating all your ill gotten gains to the govt?

  2. America is finished. It is so ungodly, there is nothing left but destruction and punishment from God. Can it get any worse than this?

  3. Under this administration, it can get worse Patrick, and likely will.

  4. We're punishing ourselves. God doesn't even need to interfere. Just keep going this direction and we'll suffer as a result.