“Bail-Ins”… Coming to a Federal Government Near You…
Jack Nicholson once famously shouted…
“You can’t handle the TRUTH!”
But we believe you can. We believe you must! There’s an economic ticking time bomb in the heart of America that’s already begun to explode.
We wrote a while back about how the banks are allowed to use taxpayer money to engage in potentially risky trades. And if they fail the depositors (YOU) are on the hook, not the bank. Essentially the bank can do a bail in to cover their losses. You can read that post here.
Well now your government is going to do the same thing.
Our total debt obligations are a stunning $126 trillion dollars… not the $17 trillion the feds would like you to believe. If you are not aware of the real financial crisis in America you either don’t want to know or you believe the lies coming out of your television.
That’s more than $400,000 of debt for every man, woman and child in America today. And we are assuming you don’t have the extra cash to spare, so our government has revealed exactly how they plan to get it out of you… MyRA!
Right now, we are on the brink of the greatest money grab in human history.
And they won’t come knocking on your door to get it from you… they don’t have to. They’ll take it with a few keystrokes on a computer.
It’s the Great American Confiscation and the Federal Government is seriously considering “nationalizing” your privately held IRA or 401(k). Right now, there’s $21 trillion in CASH sitting in private retirement accounts.
Think it sounds far-fetched? Well, it’s already happening. Retirement accounts have been confiscated in Cypress, Argentina, Hungary and Portugal… and a dozen other countries—including the European Union—have similar plans in place.
Think a great wealth confiscation can’t happen in the U.S.? You better think again! Our government has already stolen money from your social security and medicare accounts. Oh wait, did you not know that? They have taken away our privacy. They have stolen our labors by taxation without representation. What else are they going to take?
Honestly now… don’t you feel it already? Don’t you feel like the America you grew up with has somehow been transformed into a ghost of her previous glory? Listen to that guy feeling of yours.
Are you awake Yet?
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