Governments have been confiscating citizens' savings for decades through deficits, inflation and outright theft, and

its about to get worse. Bankrupt governments will do whatever is necessary to survive and feed the welfare state, and they h ave never been more bankrupt than they are right now. Look no further than Pola nd confiscating half of citizen pensions. If you knew the government was going to steal your savings from you, would you do anything differently to protect you r savings now? It's an important question to think about now, because they ARE co ming for your money, and some newly-discovered facts prove it. In the absence of the gold standard, there is no way to protect savings from conf iscation through inflation. Deficit spending is simply a scheme for the confisc ation of wealth. Gold stands in the way of this insidious process. -- Alan Green span The Fatter the Government, The Skinnier the People The U.S. Debt, not including unfunded liabilities, is over $17 trillion dollars. The sociopaths who are driving the titanic will be arguing over raising the de bt ceiling again. If we look back to September of 2011, which was the last loud debt-ceiling argument, gold rose 21% in a period of three months while politici ans caused a major corrosion of confidence in our leaders. When governments are broke, everything is fair game. Government officials are parasites; they don't produce anything. They only feed o ff of those who do. As one person said, the fatter the government, the skinner the people. And when government officials cannot meet their obligations or fulf ill the promises they made to the public, they'll figure out ways to appropriate t he public's money to fund their projects. Government officials don't produce wealth ; they only redistribute your wealth. Desperate government officials will alway s resort to expropriation, which is outright confiscation. If the Federal Reserve is currently buying 90% of the U.S. Treasury market and t hey are going insolvent, who do you think the government will lean on to pick up the slack? The answer is YOU. Ten thousand Baby Boomers will turn 65 years-old every day until 2030. And while the government has a debt problem of $17 trill ion, not so coincidentally, our countrys IRAs, 401Ks and retirement accounts am ount to that same number: $17 trillion. What a convenient resource for the Fed eral Government. So heres the plan: The government will nationalize retirement accounts like IR As, 401Ks, pensions, 403Bs, etc. so that you will be forced to use a portion of your retirement wealth to purchase U.S. government debt debt that will ultimate ly default, as it is not possible to sustain our astronomical debt nor the defic its that create it. Plan to Nationalize Private 401K and IRA Retirement Accounts If you do some research on US Bill HB5337, you will find the plan to nationalize r etirement wealth. On May 6, 2012 Lauren Schmitz, a research analyst at the Bern ard L Schwartz Center for Economic Analyst (SCEPA), introduced HB5337. This 401 (k)/IRA de-privatization is the brainchild of Teresa Ghilarducci, whom through f unding from the White House and the Ford & Rockefeller Foundations engineered a new Regulatory & Tax Incentive. The purpose is to force Americans to convert their Retirement Accounts into Government Managed accounts. This plan to nationalize private 401K and IRA retirement accounts is being decep tively publicized as the government protecting the public against business faili ngs or state bankruptcies. Your cash, your retirement funds, your bank deposits and your investments are at huge risk of being confiscated by the government th rough some contrived reason or another.

by Damon Geller