Below is a brief eye opener.
Governments around the world have been confiscating citizens’ savings for decades through deficits, inflation and outright theft, and it is about to get worse. Bankrupt governments around the world will do whatever is necessary to survive and feed the welfare state, and they have never been more bankrupt than they are right now. Look no further than the government of Poland confiscating half of citizen pensions. If you knew the United States government was going to steal your savings from you, would you do anything differently to protect your savings now? It is an important question to ponder, because they ARE coming for your money, and some newly-discovered facts prove it.
1. The Government Feeds Off The People That Work – 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 debt ceiling again. Government officials are parasites; they don’t produce anything. They only feed off of those who do!
If the Federal Reserve is currently buying 90% of the U.S. Treasury market and they are going insolvent, who do you think the government will lean on to pick up the slack? The answer is YOU. The United States government will is thinking of nationalizing retirement accounts (US Bill “HB5337” – of course, it is a secret) like IRAs, 401Ks, pensions, 403Bs, etc. so that you will be forced to use a portion of your retirement wealth to purchase U.S. government debt!
2. The IRS Greases the Wheels of Confiscation – Did you know that the IRS is refusing to issue tax ID numbers for single-member LLCs that are owned by an IRA, which is the specific structure that U.S. taxpayers create in order to ship their retirement savings overseas.
3. Many People Have Been Robbed Already By U.S. Government – A good example of local government robbing the people is Detroit’s bankruptcy which destroyed many people’s pensions. Another example is the U.S. government reducing military pay and reducing medicare for senior citizens.
4. The Greatest Heist in Human History By U.S. Government – Alan Greenspan once said, “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process.” Thus, the Unites State government along with other countries repealed the gold standard which led to inflation. Inflation raises the cost of goods, while reducing purchasing power of the people!
What can the American people do to stop the U.S. government from confiscating their savings? Well, for one thing, I suggest that you put physical gold and silver in your IRA since it is held by a private custodian who is insured by a private insurer and is NOT controlled by the government.