PostScript#2 on the Death of your IRA and 401K

Link to substantiating data

A tip of the hat to Tom Hankes <indep.adv @ gmail.com> for furnishing the following link to a Report (pdf format) that further explains and illustrates through documentation of how the Dept. of Labor and the Employee Benefits Security Administration are thinking quite seriously about forcing private citizens to convert their IRA's and 401k's to Federal Government managed accounts "to insure stability and safety of retirement benefits to all our citizens"..

More pure horse pucky you have never read! The name of the game is to force $6 trillion of private savings into the hands of insider banks - read IAG, Goldman Sachs, etc. who would then (for a fee!) "manage" the accounts for the Federal Government and who would insure that such funds are swapped (I will not dignify this robbery by saying the funds will be "invested") for long term Treasury Debt (Social Security writ large). Now that the whole world is beginning to take alarm at the possibility of never getting anything back for the Treasury debt they hold except more paper, the Fed's are desperate to find sources of funding to purchase this debt and guess who they are going to try and rape this time.

Me and you.

There are other passages in the linked documents that are sure to make any discernible reader quite angry at the platitudes, Fed speak and obvious arguments made at an 8 year old level.

Please take time to review the material at: https://www.independentlivingnews.com/pdf/Obama_Administration_401Ks.pdf...

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