User Panel
Posted: 9/6/2013 2:19:40 PM EDT
http://www.zerohedge.com/news/2013-09-06/poland-confiscates-half-private-pension-funds-cut-sovereign-debt-load
TL,DR
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Typical leftist " Those Europeans are so smart. I wish America was more like Europe "
owe-bunghole might do this to pay for his war against Syria. |
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Obamas plan for something similar will come out somewhere in the middle of a cruise missile salvo, and be quietly overlooked by the media.
Posted Via AR15.Com Mobile |
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Just a matter of time... View Quote Yes. And maybe less time than we think. Then again, what did we expect would happen? The government spends far more than it takes in, it believes that it has unlimited powers over the people, and it is militarizing virtually every internal department. It's inevitable in one form or another. |
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This doesn't surprise me. The Poles have been living on borrowed funds ever since the fall of the Iron Curtain.
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Shit like that is truly cause for the shooting to begin. Sad to see this happen in Poland.
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Of course, this could never happen here.
Our Socialists are different from their Socialists. Right, knuckleheads? |
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Very large groups of people are appealing targets for terrorism, and should be avoided whenever possible.
Very large groups of money are appealing targets for theft... government sponsored or otherwise. |
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It's already happening here.
I believe it's the CT state employee pension funds. They are being reduced arbitrarily because the state doesn't have enough money coming in to fund its obligations.
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Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. View Quote View All Quotes View All Quotes Quoted:
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Of course, this could never happen here. Our Socialists are different from their Socialists. Right, knuckleheads? Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. This... |
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I feel as if I'm looking into a crystal ball, seeing the future for somebody.
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F'in A...Mark my words..."when that day comes, I will cash in" View Quote View All Quotes View All Quotes Quoted:
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Coming soon F'in A...Mark my words..."when that day comes, I will cash in" Better go brushup on the Greece thing. By the time GQ Public got wind of it, they had already restricted their ability to move assets and withdraw money. They still have this restrictions. You might want to cash out now. |
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Billary already tried that here with 401k's, a one time tax on all tax exempt deposit retirement accounts.
Don't think she's gonna try again? |
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The 'test case' was Cyprus and everyone (at least those government types with the accompanying media types) said something like, this will only happen here (Cyprus) - right .....................
Once a proven concept (which it is), is now possible to justify doing it anywhere given there are no 'laws' to prevent the confiscation - I mean reallocation - no, I mean theft - no, not right: probably mean restructuring of assets - shit, I know what I mean but do not have the words for it .................. My personal 'action plan' is to pull my money out of an existing 401K plan I have and 'reallocate' the funds in prep items for our family. Take that Team Fed |
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I would like to think the American people are better armed and would self-correct this issue. When everything is taken from you, you find there is nothing left to lose...... |
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I would like to think the American people are better armed and would self-correct this issue. When everything is taken from you, you find there is nothing left to lose...... View Quote You might not have noticed, but the Feds have implemented a nation wide, all encompassing PROPAGANDA machine that will paint you (and all us disassociated fans) as the Bad Guy(tm) . See everything will only be taken from some 37%. The elites will escape, and the FSA have nothing. Cool huh? |
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Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. View Quote View All Quotes View All Quotes Quoted:
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Of course, this could never happen here. Our Socialists are different from their Socialists. Right, knuckleheads? Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. There doing that now and have been for at least a year. |
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http://www.thenewamerican.com/economy/markets/item/14813-panic-grips-europe-as-cyprus-eu-and-imf-confiscate-savings
Panic Grips Europe as Cyprus, EU, and IMF Confiscate SavingsPanic-stricken bank depositors in Cyprus emptied ATM machines across the nation after the surprise announcement Saturday that, as part of an extremely controversial European Union and International Monetary Fund bailout deal, authorities would seize up to 15 percent of all savings deposited in Cypriot banks. Markets across Europe plunged as fears of contagion or even a large-scale bank run in the region plagued investors, with the single euro currency falling to multi-month lows and gold rising back above $1,600 following news of the $13 billion scheme. ------------------------ Across the EU, however, the brazen confiscation of hard-earned savings was met with a mixture of seething anger and outright terror — fury over the confiscation of wealth that has already been taxed, and fear that similar plots could be hatched in countries such as Greece, Italy, Spain, Portugal, or even in Northern Europe. Top officials have declined to say whether the "tax” on deposits could be forced on other nations, too. On Saturday, euro-area ministers group President Jeroen Dijsselbloem, for example, refused to rule out similar "taxes” — critics are calling it outright theft — in other nations with governments drowning in debt. He did say, however, that such "taxation” schemes were not currently being considered beyond Cyprus, at least not yet. --------------------------- In Cyprus, citizens reacted with disbelief as protesters gathered in front of the presidential palace while outraged victims of the scheme sought to smash their way into shuttered banks. "They shouldn’t touch the deposits. They’re just killing the people,” an unemployed construction worker named Miltiades Papamiltiades, 58, told the English-language Cyprus Mail. "No-one will ever deposit money again into the banks on the island. It is the end of our economy.” View Quote |
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Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. View Quote View All Quotes View All Quotes Quoted:
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Of course, this could never happen here. Our Socialists are different from their Socialists. Right, knuckleheads? Your government will most likely devalue the USD. It's more sneaky, but the end result is the same. It's confiscated via inflation. When the treasury prints money it gets the full value. By the time it cycles down to us the currency is worth less. |
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It is important to note that the gov would most likely paint anyone with retirement funds as "rich." Then, they will just take it.
When Obama was elected, I was working in a decent size firm. Several of your high net worth clients indicated they were going to cash out their retirement plans. One of the big partners at the firm, an Obama supported, said they were all crazy, nut job right wingers (not to their faces, mind you.) That same partner cut me loose after things got really slow at the firm. I did not support leftists during that time, and she didn't like it. It's ok though, that vindictive move put me in a better, higher paying position somewhere else. |
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Of course, this could never happen here. Our Socialists are different from their Socialists. Right, knuckleheads? View Quote Is the Polish government leftist? Didn't Civic Platform and the Polish People's Party form a majority coalition government in 2007? Both those parties are Christian democratic (centre-right). I haven't kept up with recent developments so I could be wrong. |
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And people wonder why I don't want to open a retirement account.
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