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Will Obama Nationalize U.S. Pensions?

February 18, 2010 by  

Will Obama Nationalize U.S. Pensions?

Will President Barack Obama nationalize United States pensions? That was the serious question I proposed one year ago in my blog—and it’s time to ask that question again.

Why now? Because President Obama has proposed what one of our experts sees as the "first step in stealth nationalization and forced investment of our retirement benefits."

The bad news comes as part of a tax package said to be aimed at middle-income Americans that was revealed in Obama’s State of the Union speech, as reported by Business Week magazine.

Obama’s stealth proposal is billed by him as an "effort to increase retirement savings by requiring all businesses to offer automatic IRA accounts,” but it drew immediate opposition from U.S. small business associations. Obama claims the plan would let employees automatically enroll in direct-deposit retirement accounts and expand matching tax credits.

Dangerous First Step to Nationalization

But Larry C. Grossman, CFP, CIMA, managing director of Sovereign International Pension Services (no relation to Sovereign Society) and a member of our Sovereign Society Council of Experts, sees the Obama idea as a dangerous move.

Says Grossman, "If you read it closely you will see the heart of the proposal is the requirement to keep 10 percent of the funds in U.S. Treasuries. At the stroke of a pen the president has found a way to bolster the declining demand for Treasuries. I believe forcing retirement plans into U.S. government control is the next step."

This alarm was echoed by Ron Holland, editor of the Inner Circle Intelligence Report published by BFI Consulting AG, a Swiss financial advisory firm, and a long-time member of the Sovereign Society Council of Experts.

Says Holland, "I think the mandatory IRAs just proposed by Obama is the first step in stealth nationalization and forced investment of our retirement benefits to support the U.S. Treasury debt market."

Should you be worried about this latest radical Obama move?

There is an estimated $15 trillion worth of private retirement plans in the United States; $4 trillion in IRAs alone; this constitutes 35 percent of all private assets in America. That is what the Obama government is eyeing to help plug the multi-trillion dollar deficit in his big spending budget.

You could call this move Obama’s attempt to "pull an Argentina."

What’s “An Argentina?”

In October 2008, Argentine President Cristina Kirchner—a peronista—confiscated US$30 billion worth in that country’s 10 privately managed pension funds. This was presented as an emergency measure to meet her faltering government’s financing costs. The Argentine congress went along with this radical property grab of individual retirement accounts, 401Ks and the like.

Could this happen in America?

Grossman’s opinion, "There have been several different academic papers published which have given rise to rumors. At least one congressional hearing on nationalizing pensions has been held. It is difficult to decide in what form it would take if something like this occurred in the U.S. Many believe that if indeed this is approaching, the best way to protect your assets is to place your retirement funds offshore now."

Holland says, "I believe we must fight this proposal and similar plans or else the private retirement system and our retirement wealth will be history in a few short years." Ron has produced a special report on this radical grab entitled, The Obama Retirement Trap Has Started!

Act Now

In my opinion, adopting such a retirement confiscation policy would be another major blow to Americans’ confidence and to any chance of economic recovery. It would further devalue the dollar and it would destroy what little remains of the credibility of Obama and his socialist government.

Folks, I served in the U.S. Congress when Democrats were overwhelmingly in control. I’ve seen what happens when the Republicans are in charge, as well. Meaning simply, anything can happen—so hold on to your wallet… and your retirement account!

—Robert J. Bauman, JD

Robert E. Bauman J.D.

is a former member of the U.S. House of Representatives from Maryland. He is now a senior writer and legal counsel for The Sovereign Society. Robert has authored a number of books including, The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports, Sovereign Society, (2009).

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  • Randy

    If you ever wondered when the anti-Christ would raise his ugly head… this man is hell-bent on destroying everything that is good in our lives. I just wonder how we ever let a Muslim become leader of a Christian nation.

    • Tim

      Bush fit the Anti-Christ better than anyone I know, except maybe Cheney. Obama is not a muslim! You are suffering from amnesia, or you are being brainwashed by Fox Noise and there rightwing trash!

      • Hello?

        Tim , you are a lost cause, you will not see the light until you are consumed by it. Rave on but I promise you that you will be a minority come the next election. You can fool some of the people all of the time but you can’t fool all the people all of the time. Most sensable people watch Fox news and are conservative and an IQ above 40. There is no place in this country for Socialists, Cuba would be a nice warm place for you to consider relocating and there are enough of us to buy you a one way ticket. You will wake up when you are made a slave or when your head is removed from your body by those you love so much.

      • Joe H.

        Hello?,
        That’s ok, let him drown in the water he thinks his hero can walk on!!!

      • JeffH

        Tiny Tim, you cant win. It’s time to change sides because we all know how important for you liberals to win. You guys told us so many times after the election, kinda throwing it in our faces. How does it feel now to be on the sinking ship surrounded by millions of red blooded patriots.

      • American Citizen

        I wonder if Tim reads responses and if he has a comprehension problem.

      • http://Don'thaveone Sally

        Tim,you are an idiot. If I can find the interview that Obama had on You Tube before his election, he said he was a muslim, out of his own mouth and the one asking the questions, said you mean Christian don’t yet and Obama replied yes that is what I mean. SO GET OFF IT.

      • Joe H.

        Sally,
        It was his interview with stephanopulous. Obummer says “My muslim faith. Stephanopulous corrects him and Obummer agrees but unless corrected he would have let it lay!

  • MMFWV

    In reading all of the comments, I fail to see the truth published. Obama grew up as a Muslim Marxist, mentored, financed, promoted, and supplied to America both both Marxists and some, Muslim Marxists. WHAT CAN WE EXPECT and HOW CAN WE STOP THIS, other than standing up, both now and if, and when this all comes down as I see it. We all need to educate those around us be prepared for anything at any time, for ourselves, our families and our friends/ neighbors. This financial crisis is part of their plan and DO NOT BELIEVE ANYTHING COMING OUT OF the MOUTH OF OBAMA OR HIS ORGAINZATION which is huge and THEY ARE PLAYING THIS GAME FOR KEEPS. I ask you, ARE YOU GOING TO STAND UP or BE A SHEEP like the Jewish People who walked to those trains and chambers? Europe, SOROS, OBAMA and ALL MUST BE AND WILL BE STOPPED! FOR NOW, CONVERT A LIBERAL from Drinking the Kool-Aid and Pray that GOD helps us to handle this situation!

    • JeffH

      The truth speaks again.

  • http://regadsden@aol.com Edward Wilson

    And now they have come up with the name “Oathers” for those of us who still believe in the Constitution of the United States. If we name call they call us “radicals” but “they” can call us names all they want to with no rebuttal from us who want freedom and liberty not a dictator. This is especially true of all the veterans who took the oath to defend and protect the Constitution. The oath does not STOP just because we are discharged or retired from the military. It is a “put down” to ALL veterans.

    • Matt

      Semper Fi

    • American Citizen

      God bless all veterans. Freedom is not free.

  • http://maandpa3334@yahoo.com Allan Chamberlain

    I Think it is about time we all get together and get rid of Obama and his big Union Bosses plus the rest of them in the White House.THEY ARE ALL KILLING AMERICA AND TAKEING WHAT MONEY WE HAVE.Obama has never showed that he was even born in the US,At least I have never seen it.We are all going to go down the DRAIN.Thank’s.

  • http://maandpa3334@yahoo.com Allan Chamberlain

    I Think it is about time we all get together and get rid of Obama and his big Union Bosses plus the rest of them in he White House.THEY ARE ALL KILLING AMERICA AND TAKEING WHAT MONEY WE HAVE.Obama has never showed that he was even born in the US,At least I have never seen it.We are all going to go down the DRAIN.Thank’s.

    • wayne

      You’ve nailed it. We need a way to physically control these idiots. We have allowed corrupt lesilators, attorneys, and unions to ruin this country. If we don’t start eliminating we have no hope.

    • Tim

      I offer the following comments:

      Bush was the one who killed America. He did this in Iraq (over 5,000 servicemen killed) and he annihilated the budget surplus that he inherited from Clinton. Bush drove our country into the ditch. That is why his approval rating was 36% when he left office.

      Obama’s stimulus bill consisted of 25 different tax cuts to both individuals and small businesses. 95% of working Americans got tax cuts from the stimulus. That beats the Bush tax cuts to the rich! Go to the following links:

      http://www.politifact.com/truth-o-meter/statements/2010/feb/02/david-axelrod/axelrod-claims-democrats-passed-25-tax-cuts-last-y/

      http://www.politifact.com/truth-o-meter/statements/2010/jan/28/barack-obama/tax-cut-95-percent-stimulus-made-it-so/

    • Louise

      Obama and the Big Union Bosses where do come up with that? I guess you don’t much about unions. The union ” Bosses” can’t do anything with out the approval of the union members.
      George Bush didn’t do a very good job either the recession started under Bush. What short memories you right wingers have.
      You call Obama a socialist. Come on people get real he is an American citizen who believes in this country.
      When Clinton left office there was a surplus. Bush ran through is with i less than 6 months!

      • Lone Wolf

        What rock do you live under? Union members haven’t had any control over the “Unions Bosses” in a very long time. Unions today are all about money control and power just like Washington. They couldn’t care less about the members. And yes I am a union member.

    • Joe H.

      Allan,
      you need to watch using those two words together!! When you use the name and kill, killing you automatically trip a computer to monitor what is said at the NSA!!! TRUTH! I knew a kid that worked there!

  • diane

    THESE OINKERS IN THIS ADMINISTRATION WILL GRAB EVERY CENT WE HAVE. THEY ARE TRAITORS TO WE THE PEOPLE AND WE NEED TO IMPEACH THEM ASAP! THE MUSLIM IN THE WHITE HOUSE ESPECIALLY NEEDS TO GO. HIS MENTOR IS A RADICAL ISLAMIC AND HATER OF AMERICA.

    • Tim

      Obama is NOT a muslim; he is a Christian! Also, it was that corrupt, incompetent, and moronic Bush who deserved to be impeached! Obama is doing a good job! You rightwing nuts are suffering from too much Fox News garbage!

      • Dan-o

        I know where you work, you work for ACORN.
        Tim works for ACORN, it makes sence now.

      • TIME

        Dan-O You know the old saying the nut dose not fall far from the tree.

      • Joe H.

        Time,
        neither does the ACORN!!!!!

      • Hello?

        Hey, Tim, I really don’t think that you know any more about Christanity than you conservatism, both means being honest in all dealings, treating others as you would like to be treated, return what you borrow before the sun sets, love your neighbor and have compassion for blind liberals.

  • Hello?

    Getting pretty clear by now what the true intention of our ilustrious leader. The best way to take over a country is to plan long term, slip in under the radar with promise of change and of course THEY picked the right time with the economy going down. They tried to destroy the World Trade Center once and failed and with 911 they got it done and now we have one of them as president. Just like America to elect a a confessed Muslum as president just a few years after they killed 3000 people, no wonder we are in this type of situation. Everything that they are doing is supposed to be in the name of good with the intentions of destroying our economy and way of life once and for all.
    Change can go either way but they don’t realize how this country became so great and we will not be flushed down the toilet so easily.

    • Tim

      Obama is not a muslim; he is a christian. Also, it was Bush who drove our country into a ditch! Obama inherited a mess from Bush and the Repubicans! Republicans absolutely can NOT government! They are so incompetent!

      • DaveH

        Waah, Waah, Waah.
        Obama is a Christian. How do we know? Because he says so. And he is so honest:

        http://www.youtube.com/watch?v=tCAffMSWSzY&feature=player_embedded#

      • DaveH

        Give it up Tim. You have no credibility on this board.

      • DiverDan

        Responding to Tim, It was not Bush that made the economy fall apart, follow some recent history,
        There was Nixon & ford, and after their mess up the country was ready for ANY Democrat to elect, so along came Jimmy Carter and the oil shortages, gas lines and the Dept of energy to make us less dependent on foreign oil, which has mushroomed in size by number of employees and annual budget, with more dependancy than before, Oh, almost forgot the Iran Hostages,
        Then Ronald Regan/Bush Sr. era which helped us all start an Ira, letting us know there would not be enough SS for all of us, so you better start saving and investing on your own, Investment tax credits to small businesses to purchase new equipment to expand their businesses and hire more people, first to build those machines, and the more people to operate them at your company, Intel, Microsoft, Dell,Boeing, Gen elect, Gen Motors, all flurished, then along came BILLY BOB CLINTON, the smooth talker who did very little, that is why he had time on his hands and his aide on his lap and the decline started.
        So George Jr. had to try to build it back up, and then came 9/11 so had to do something to strike back at our enemy so the economy suffered some no question, But then this Great speaker ( with promter only) they al drink the Kool Aid all the freeloaders, that think the government will support them get out to vote for one of these false profits, promising them the promised land they bit HOOK LINE & SINKER,
        Now we have DEBT, and no future

      • American Citizen

        Good history lesson.

      • Joe H.

        Timmy boy,
        how many times do you have to be told that your hero himself said he was a Muslim???? Are you blind as well as stupid???

      • American Citizen

        He’s the “Hear No Evil” monkey.

    • Child of Jesus Christ

      Hello you sound crazy! No Hello you are crazy! Hello and Goodbye!!!

      • TIME

        Child of JC, Good by and good luck, oh wait its TIM, Hi Tim.

  • Joe Berger

    So, maybe instead of either leaving ym IRA alone to ride it out, or taking my IRA offshore, with who knows what value change in either circumstance, I’m better off paying the 25% marginal tax rate now (I’m over 59-1/2, so no penalty?), and pulling all of it out, and paying down my mortgage. That’s only 4.625%, but if I pay it, I have achieved instantly a GUARANTEED 4.625% return on my investment – which number is far better than what I’ve achieved lately.
    Then if the government hijacks the IRA’s, mine is gone and they can’t touch it, so no loss for me. My mortgage will be paid further down, thus end sooner, making more of my future income, at whatever tax rate I’m paying then, available for cash.
    Does this make sense to anyone, or am I all wet somewhere?

    • http://Don'thaveone Sally

      I do agree with what you say about paying down the mortgage however I don’t know where you live or whether you can have a garden to supply your family with food and maybe raise a few chickens for eggs and meat. If you can do that where you are presently living, my goodness yes – its all about survival, if not maybe you can buy a small plot of land nearby to accomplish the same (except if that were the case, your garden and chicken house would be raped) Don;t know will see what other readers propose.

      • American Citizen

        If you live in a community of good neighbors, there is usually a lot big enough to have a community garden. There are also farmer’s markets during the summer. If you know how to can and freeze, do that. If you don’t, learn.

    • Tim

      All of this talk about the government taking your retirement money is bull. It is just another jab at Obama, because he is operating as a Social Democrat, which is a good thing. Obama is doing the best he can to better our country, no thanks to republicans.

      You have the freedom to move your money around as you see fit, but rest assured that the government won’t take your money. Don’t listen to all these rightwing nuts in here, who are always taking a swing at the govenment. If they had their way, we would have anarchy and vigilante justice.

      • DaveH

        Oh, instead we should listen to an ignorant Liberal who supports a president who has lied repeatedly and shown a complete disregard for the future of our children and grandchildren with his profligate spending of our tax dollars?

      • J C

        Just another communist disciple of the Annointed One Dave. They are a simple lot and do not realize just how misled they are. I feel sorry for them but that won’t stop me from being completely hostile towards them. An army of “yes we can” zombies is still a threat and should be treated as such.

      • Joe Berger

        We may STILL today have the ability to move our money around – but new rules I found at tax filing time mean you CANNOT have your tax refund direct-deposited into a bank account ‘which will be eventually transferred outside the US’ – they will convert your direct deposit to a paper check – which means extra weeks of delay. Why is that, if we can still do exactly what we want with our money? Why does it make a difference to Uncle Sam WHERE MY MONEY will ‘eventually go’??

      • http://Don'thaveone Sally

        Joe you are so right. When anyone says that the Government won’t seize money for whatever reason, the are absolutely CLUELESS. IRS has closed down many of the offshore ligitmite banks and have them shaking in their shoes as they can close down them having USD accounts. But if that is what they want to believe and not get ready, that is their problem, not yours and mine, we can leave and become citizens somewhere else.

      • Joe H.

        Sally,
        I was born in this country, I fought for this country, and I will die in this country!!

      • Claire

        JoeH–I agree with you. Born here, live here, die here. My sentiments exactly. No one or nothing will run me out of my country.

      • Dan-o

        So Tim, I’m just curious at what you do for a living, and why you don’t live in your beloved country of Canada.

      • TIME

        Dan-O good question.

      • J C

        Dan O I lived in Canada a good long time. The people there are generally just like us. They have their right and left arguments as well. Problem is they are largely disarmed and do not have the subtle threat of violence behind them as does their government, our government and “we the people”. So they’re in a wait and see what happen in the US position. As usual, patriotic Americans will be the last line of defense against world wide tyranny. Thing is, this time we’re going to gave to start by cleaning our own house.

      • George

        Tim,

        If we had our way, we would have a “constitutional republic” with individual freedom and responsibility, and a thriving economy based on classical capitalist principles. This model has been proven to improve the lives and standard of living for more people than any socialist model, which attempts to establish fairness and eliminate risk at the expense of wealth creation and individual responsibility.

    • Charley41

      Joe…I’m 69 and that is exactly what I did when I seen Obama was going to be our prez. At least I saved some of it.not been sorry…also took some more last yr. too, bought precious hard stuff.
      Don’t forget,no large amt at one time…as for withdrawals do 2010 or pay more taxes in 2011.

      • Claire

        Charley41–Never tell your age. When someone asks how old I am, I always say — “old enough to know better, too young to resist.” Just teasing.

  • http://PersonalLibertyDigest Don Smith

    I am so refreshed to read all of your comments and re-enforce that I am not alone in my thoughts and beliefs. If we can just hold the damage to a minimum until Nov. 2010 and vote all of these nut cases out of office, maybe we can save our nation. I am a proud conserveative and support others that think the same way. I have never posted any message before, but the sleeping giant has been awakened in myself and milions of others as well. God bless America!

    • Tim

      What is a “conserveative”?

      • DaveH

        It’s somebody who doesn’t believe in theft, Tim, whether it is committed by the local gangsters or the Government Gangsters.
        But then, you wouldn’t understand that concept being preoccupied by the sight of that government trough.

      • blackhat

        Well, Tim, if you take the “eat” out of “conserveative” and then transpose the letters you get “TEA”. Some would say “Taxed Enough Already”, but others have less flattering terms. The conspiratorial wing of the progressive party should really see through this ruse quickly, as I am sure you agree that BO and crew are much smarter than the rest of us, and surely we could never fool them with our pathetic attempts at code words. So, you got us! Good job! Now here is your cookie…

    • Matt

      In the game of chesslike politics,a major concern I have is that after the 2010 elections, is that there will be nothing to stop these losers from voting in health care or cap-and-trade before they finish their term and the new congressman is sworn in.

      I’m sure Obama would push for this if he could.

      • American Citizen

        The way things are going, I wonder if there will be enough votes to pass that bill. I sure hope enough of those political hacks up there are waking up.

  • BABUSHSKA

    Keep sounding the alarm bell to everyone with ears to hear, and the intelligence to listen. I fear it may be time to begin withdrawing money from our IRAs, slowly to avert paying large penalties, and simply hide the cash. But even precious metals will also be at risk as President F. Roosevelt in 1933 confiscated gold & silver declaring
    a banking emergency. Read the act which gave him this unbelievable power.

    Executive order: By virtue of the
    authority vested in me by Section 5(B) of
    The Act of Oct. 6,
    1917, as amended by section 2 of
    the Act of March 9, 1933, in which
    Congress declared that
    a serious emergency exists, I as
    President, do declare that the national
    emergency still exists;
    That the continued private hoarding
    of gold and silver by subjects of the United
    States poses a
    grave threat to the peace, equal
    justice, and well-being of the United
    States; and that appropriate
    measures must be taken immediately
    to protect the interests of our people.

    “Therefore, pursuant to the above
    authority, I herby proclaim that such gold
    and silver holdings
    are prohibited, and that all such
    coin, bullion or other possessions of gold
    and silver be tendered within fourteen days
    to agents of the Government of the United
    States for compensation at the
    official price, in the legal tender of
    the Government. All safe deposit boxes in
    banks or financial
    institutions have been sealed,
    pending action in the due course of the
    law. All sales or purchases
    or movements of such gold and
    silver within the borders of the United
    States and its territories,
    and all foreign exchange
    transactions or movements of such metals
    across the border are herby prohibited.

    “Your possession of these
    proscribed metals and/or your maintenance
    of a safe-deposit box to
    store them is known to the
    Government from bank and insurance
    records. Therefore, be advised
    that your vault box must remain
    sealed, and may only be opened in the
    presence of an agent of
    The Internal Revenue Service.

    “By lawful Order given this day,
    the President of the United States.”

    This law is still on the books which grants our gov’t the right to recall privately owned gold and silver. Ron Paul has recommended the repeal of this act but to no avail.

    Our monetary system is in grave jeopardy, as are so many countries now who make up the EU. This global crisis is building to a crescendo to prepare the way for implementation of a one-world currency which has already been proposed, and the creation of a “new world order,” (synomous with one world government) with Obama as its global president. Ultimately, satan will enter and control this man.

    • blackhat

      Of course the whole order is offensive…but, did anyone else catch the phrase “subjects of the United States”. I find this particularly offensive. After serving 26 yrs in the Army, I would never call myself “subject” to any country. I am American by birth, true enough, but I stay here by choice. Being “subject” sounds like I do not have that choice.

      • JeffH

        Right on!

    • Matt

      Wow, subjects? Subject this. ..|.,

      Hey I think I may have made a new emoticon.

    • Joe H.

      BABUSHSKA,
      So buy your coins from a pawn shop for cash like I do. There is nothing with my name on it anywhere!!!

  • John

    Can you recommend a few “reliable” sources to help move my 401K off-shore? What is to keep the Big “O” from tracking the money and confiscating it as FDR did with privately owned gold that there was a record of?

    • http://Don'thaveone Sally

      I would like to know that answer also as you are correct, if it is in US dollars they track all over the world and believe me they can come up with anything to confiscate it. I have reprinted an artical that I received yesterday.
      By LYNNLEY BROWNING
      Published: February 16, 2010
      A wealthy investor in Virginia pleaded guilty on Tuesday to criminal tax evasion involving an international bank, said by a person briefed on the case to be HSBC, one of the world’s largest private banks.

      The case is significant because it shows that the authorities are expanding beyond UBS, the giant Swiss financial company, in their scrutiny of banks suspected of helping wealthy Americans evade taxes. It also offers an example of a bank that apparently took steps to hide its operations in the wake of the UBS case, even as many banks said they were shutting undeclared offshore services for American clients.

      The investor, Dr. Andrew B. Silva, of Sterling, Va., pleaded guilty to failing to disclose to the American tax authorities more than $250,000 that he had kept at a bank using a sham Liechtenstein trust, according to court papers filed in United States District Court for the Eastern District of Virginia. While the papers do not identify the bank, the person briefed on the case said it was HSBC, which is based in London but has a large Swiss operation. Christopher S. Rizek, a lawyer for Dr. Silva, declined to comment.

      Juanita Gutiérrez, a spokeswoman for HSBC, declined to comment.

      In December, the person briefed on the matter said the Justice Department expanded its investigation of foreign banks with offshore private banking services to include HSBC and Credit Suisse. HSBC’s private bank, one of the world’s largest, managed assets of $352 billion as of the end of 2008, according to the company.

      According to court papers, Dr. Silva, a head and neck surgeon, inherited $250,000 from his mother in 1997 and deposited it in a Swiss bank. His mother told him to write a “coded letter” to a Swiss lawyer in Zurich who was managing the account, held in the name of a Liechtenstein trust.

      In 1999, Dr. Silva met the lawyer, who told him the account was “hush hush” and that “it would be best if he did not talk to others about it.” The lawyer declined to give Dr. Silva documents pertaining to the account, saying that he should keep them for safety. Court papers did not identify the lawyer.

      In August 2009, the bank told him it was closing his account, which had grown to $268,000, because it was closing offshore undeclared accounts of wealthy Americans. The Swiss lawyer told Dr. Silva that the bank would not transfer the funds by wire because it “would create a trail for U.S. authorities,” according to the court papers.

      The Swiss lawyer advised Dr. Silva to send the money home from four separate post offices in Zurich by regular and priority mail, staggering the deliveries over weeks so that the “envelopes did not look suspicious.”

      The Swiss lawyer took Dr. Silva to meet his banker on Oct. 12, 2009. The Swiss banker handed Dr. Silva “$115,000 in U.S. currency consisting of an individually wrapped brick of $100,000 in sequentially numbered, new $100 bills.” A second bundle contained $15,000. The banker told Dr. Silva the bank “could not provide him with more cash at the time.”

      Throughout October, Dr. Silva mailed the money to his Virginia home in amounts of less than $10,000 — below the limit at which money being brought into the United States must be declared. Dr. Silva mailed more money in November after meeting again with his Swiss banker and lawyer in Zurich. The bank told him not to carry any statements because it could lead to discovery of his accounts.

      In all, he mailed dozens of envelopes and hand-carried others into Dulles International Airport near Washington. Dr. Silva, who is scheduled to be sentenced on May 7, faces a $500,000 fine and 10 years in prison.

      In the last year, seven American clients of UBS have pleaded guilty to using offshore accounts to avoid taxes.

      As part of its deferred prosecution deal with the Justice Department in February 2009, UBS was not allowed to distribute cash when it closed its undeclared offshore banking services for wealthy Americans. UBS averted indictment by admitting to criminal wrongdoing with its private banking services and agreeing to pay $780 million

      • Tim

        Yawn! Ahhhhh!

      • American Citizen

        All I can say is, I’m glad we’re not rich. But now they’re attacking the Middle Class. Soon we’ll al be eligible for Medicaid.

  • http://tdcooley@comcast.net Thomas Cooley

    I have the right solution…own a little spot of ground for a garden own a little protection (guns) & (AMMO) and you can survive…Those are the two ingrediments to exist..Semper Fi Marine

    • DaveH

      Thomas,
      They will try to take those away too. Our only real choice is to get politically active and reverse the growth of Big Government before it is too late.

  • Raggs

    Forced investment… sounds to be on the same lines as of forced health care…All for the money, you work obama takes it away.

    • Child of Jesus Christ

      No Raggs, if you get sick your insurance company will decide if it is profitable to treat you or not! Lets just hope your company that you work for decides to keep you around and keep you in the group plan and not decicide to pad their profits by cutting you salary or insurance in order to satisfy the street! You are so blind like the rest of your Republican friends. You guys are letting the Republicans use you! Have they proposed anything to help us in this Country in the last year? What are they waiting on? Oh I know they are waiting to win at the polls in 2010! Let that be a clue to you that the republicans don’t really care about you! They just want to get re-elected! Our countries challanges are just a game to the Republican party of NO! Don’t you think that our elected officials should try to do something to stop the slide that started 3-4 years ago?

      • TIME

        Hi Tim, Lets see how would you say that Republicans have stopped the Democrats from passing laws.

        Can you grasp the fact that when you have fewer members in both houses, you have {ZERO controll} of any laws.
        Thus that leads to the “FACT,” that we still have some Democrats that see through Barry and thank GOD will not subject the persons who voted them into office to the CRAZY laws Barry wants.

        Now again the HCR bill has not a single thing to do with Heath Care, its all about 100% CONTROLL of your life, from Birth to Death. I know that so hard to figure out.

      • Pat R

        It just so happens that our Rep.s and Senators in Washington are
        listening to “We The People”! That is something that the Democrats have not done for you!

      • JeffH

        Once again, it is eyeswideopen fooling no one but herself. Then again, she’s been doing that for a long time now.

      • Joe H.

        Child, (again I say named well)
        I suggest if you know how to google, then google HR 956 co-sponsored by Mary Kaptur (D) and Steven LaTourette (R) both of Ohio!!! Unless you are a hypocrite then you will do it!

  • Norm

    Just more neocon nonsense. The government isn’t going to take anybody’s savings now or ever. The scare tactics spewed by the far right are laughable.

    • Jayboy

      Norm, What rock are you hiding under? You’re either part of their Mob of Thugs or totally ignorant!! The Poly-ticians are going to try to wear us out with all their crap, then drop the big one!! The Muslim President you voted in does not your best interest in mind, His actions prove otherwise. How long until “in allah we trust” becomes reality!

      • Norm

        Jayboy
        Stop listening to the 3 stooges(Glenn,Rush,Shaun) and you’ll be fine. If your a bible belter, pray and stop preying.

      • JeffH

        Norm, beats listening to the Marx brothers, Karl “Obama” Marx, Harpo ” Pelosi” Marx and Zeppo “Dirty Harry” Marx and Groucho “Biden” Marx.

      • American Citizen

        Which one of the three monkeys are you, hear no evil, see no evil, OH, I know it can’t be speak no evil.

      • Tim

        You must be one of those “birthers.” For your information, Obama is an American citizen, born in Hawaii. If he wasn’t born here he wouldn’t have qualified to be President.

        As far as muslim, that too, is BS. He is a Christian.

      • Hello?

        Yeah righ, Tim, I am Donald Thrump, do you believe that also. I have some land about a mile off shore I would like to sell you.

      • Matt

        Hey Tim, want to bet me $100 that I can’t bench press 1000 pounds?
        I will post my proof on YouTube for you. Would you pay up or would you want to see me actually do it and then wiegh the plates to make sure it was 1000 pounds? Only an idiot would pay. Now that is for a measly $100, Obama’s birth certificate is for the presidency of the United States.

        Again, citizen or not, its not the only point. It goes to character and the lack of it. It shows his arrogance that he would not produce it when asked. He’s basically saying I am responsible to no one but myself and screw the people.

      • TIME

        Tim,
        Again you wish to repaint Barry in the way you think he is. Note the filmed “facts” with Barry stating what he is.

      • American Citizen

        Apparently you really don’t listen to what Obama really says, so you must be the “hear no evil” monkey.

      • Child of Jesus Christ

        Jayboy, how many times does Pres. Obama have to prove to you crazy nuts that he is not Muslim!!! Did you have control over you name? If the answer is yes you truly are a right wing nut or Tea Bag!!!

      • TIME

        Duh, Hi Tim how are you?

      • Joe H.

        Child,
        No I didn’t have control over my naming, but I do have the sense of hearing, and I heard him say he was a Muslim!!! google is Obummer a Muslim and see!!!!

    • Gary

      Norm,
      How obtuse can you be.
      If you really believe that you are part of the problem.

      • Norm

        Gary
        Your paranoid warrentless fears are troubling.

      • DaveH

        Norm,
        You and Tim are welcome to think with your Lizard Brains, but the rest of us have our eyes open. Government under Far Left Loons is capable of anything. That has been proven throughout history.
        I don’t know if you are malicious or just plain ignorant. I lean towards thinking you are malicious, though, as evidenced by your personal attacks on those who make comments contrary to your beliefs.

        http://www.nuwireinvestor.com/blogs/investorcentric/2010/01/could-government-take-away-individual.html

      • TIME

        Norm, As we sit here holding or breath we are all still waiting on your “brilliance.”

        The Norm song; Stir, stir, stir the pot gently down the page, DUH DUH DUH, life is just a dream.

        Now wake up.

    • TIME

      Norm,
      You just keep on keeping on with the Yada Yada. Now Norm tell us all how well the Post Office is doing again, how much money is in the Soical Security stsyem? Hows Medicaid doing? How much are the Congress and Senate persons as well all Government employes going to give up, from their paid for by the US Tax Payers savings plans?

      How much per year are the American tax payer’s paying Merc’s hired by the US government?

      Now as anyone who has a brain can clearly see, China is selling off US T Bonds, so to is Japan, as I recall reading the other day China is selling of about 35% of the T bonds they have, Japan is selling off about 20% of the T bonds they hold.
      How many Hundreds of Billions is that again?

      Wheres that money coming from to pay these T bonds off Norm?
      Keep in mind all we have now is a printing press?
      What happens next Norm?
      Got any clues for all of us that are so far below your brilliance?

      Come on now Norm, share with us your wealth of knoledge.

      • Tim

        Time, I think you have watching Fox Noise too much! Keep it up and you’ll absolutely be brainwashed. You should watch MSNBC for real news.

      • TIME

        Tim,

        Enlighten us with your brilliance. What did I post thats not 100% true, all written in the Wall Street Journal. But I am sure its just a right wing conspiracy. Yada Yada BubbaTee.

        MSNBC is a 100% total crock of whats that runny brown liquid that you get when your ill with the FLU?
        If the persons on there were any less HATE filled, I would swear I was watching Hitler. Lets see you have Mad Cow, UberMut, and Crazy Eddie, hate is all they spew.

      • Child of Jesus Christ

        Amen Tim!!! Thanks but this crown is too far gone to even see that! LOL! Trust me even if and when the economy turns for the better this same crowd will have the same issues. We all know what the under belly of all this anger and rage is all about! I just wish the Republican party and the Tea Baggers would just come out and say it. The Klan could help them by communicating what they really feel at this time in our country! Yes I said it! This country still has a dirty big secret that has been rashed by the election of Pres. Obama!!!

      • TIME

        Hi Tim, Who is now Child of Christ.
        Can you say yada yada. Oh you can and do daily.

        Try not watching TV, try going out in the real world and ask real people about what they think.
        Ask a small bissness owner how he plans on paying for health insurance for his Part time workers?

        Or ask them how they feel about watching the business they built up with their own hands and moneys how it feels to watch as the Belt Way Fat Heads, tell him how to run his business.
        Strange the small Biz owner makes his own way, and the BWFat Heads steel from him. Yea thats all good.

        Oh I know thats to much work.

      • JeffH

        Time, it’s not Tiny Tim, It’s a bird, It’s a plane, holy s%^t Batman, It’s only eyeswideopen.

      • DaveH

        Child,
        Crown? Hey, don’t be selfish. Pass that joint this way please.

      • DaveH

        Yeah, even Communist China is smart enough to know Obama and the Democrat Congressmen are screwing up:
        http://www.reuters.com/article/idINSGE61G0A620100217?rpc=44

      • Claire

        Time—I agree with you on a lot of the issues you speak of. However, these same issues have been going down the drain for decades. I cannot and will not blame any certain party. The Dems and the Republicans have all had a hand in this chaos.

    • JeffH

      Norm, you are nothing but another government subsidised hack! I hope you are putting your money into government bonds and notes so you can reap the profits. They aren’t going to take any of your money. Are they?

      • Tim

        You must be suffering from amnesia!

      • JeffH

        Tiny Tim, maybe you can refresh my memory a bit, maybe I’ll snap out of it. NOT!

    • wayne

      BLIND SHEEPLE

    • J C

      Really Norm? The manipulation of our economy…stimulating private business with make believe currency that devalues everything we’ve worked for…that’s not theft? You say you’re a retired electrical engineer so you’re supposed to be a little more intelligent than that.
      Makes me wonder how it is you can’t see what a 6 year old can work out…

      • Norm

        J C
        Unfortunatly the alternatives were worse.
        I agree we are in dire straits. If the minority party would get off their dead butts and participate in the process, as they were elected to do, maybe some solutions could be worked out.
        As I stated previously, if the government were a corporation, the deadwood, non team players could and would be simply fired.

      • J C

        Agreed.

  • realbigal

    Juan Peron Obama keeps making it harder and harder for us to continue using restraint and not labelling him as a Communist.

    • Tim

      You obviously don’t know what the word “Communist” means. Obama is not one of them! He is in favor of the free enterprise system. Communism is complete control of the government over the affairs of the people. Obama operates under a democratic style of government. He isn’t trying to change this.

      Also, when republicans call Obama a “Socialist,” that is also a misnomer. Socialism is control of the economy by the government. Even Canada, Britain, Germany, and other western countries don’t practice socialism. The former Soviet Union practiced Socialism. Their initials USSR meant “Union of Soviet Socialist Republics.”

      The correct term to describe the type of government that countries like Canada have, is “Social Democratic.” This is a style of government where free enterprise operates, with regulation by the government. I actually wish the U.S. had a Social Democratic style of government. If we had, then there would be universal health insurance, better environmental laws, and better gun control. We can learn a lot from Canada.

      • wayne

        Every thing canada has done is failure but since you are so envious get your idiotic butt out of US and live in canada. Quit leaching off independent working americans. Their health system is total failu8re, their gun control is asinine and being discontinued, please leave.

      • Child of Jesus Christ

        Wayne, you seem to have the problem with the U.S. Govt., why don’t you just leave. God Bless America and have mercy on these fools for they do not know what they do! Who is them? We are all Americans even our elected officials!!!

      • Publius

        Which elected official? Obamma? That slimy slut has yet to prove he IS an American!

      • JeffH

        Can it eyes! You have decieved no one.

      • American Citizen

        Jesus had no use for liars and hypocrites and that describes the present administration to a T.

      • J C

        Wayne, I lived a number of years in Canada. It has big shiny new hospitals with all the latest technology and a rainbow of Doctor’s degrees from all over the third world. People needing critical MRI’s for brain tumors might only have to wait 3 or 4 months and hopefully
        they haven’t died yet. Emergency room wait times are as little as 12 hours but if you’re bleeding all over the floor they’ll get to you a little quicker. So their Health Care system works just fine as long as you never need it. ;)

      • Joe

        Yes, we can learn a LOT from Canada such as how NOT to be free. How to have terrible, poorly run, super expensive healthcare where people die on waiting lists, and how to give up the liberties that our founders enshrined in the Constitution.

        Where does your so-called “Social Democracy” end? It ends in complete governmental control of the lives of the citizenry. Our founders called that tyranny.

      • DaveH

        Yeah, and Hitler wasn’t a dictator until he became one. The problem is that if we don’t read the tea leaves now (and they’re pretty easy to read), later will be too late.

        Oh, and yeah, Obama says he likes Capitalism. He wouldn’t be lying would he? I mean he’s been so honest up to now.

        http://www.forbes.com/2009/11/24/michael-cembalest-obama-business-beltway-cabinet.html

      • David

        As long as he runs the company….or entire industry.

      • J C

        All communist leaders like capitalism. Mind you in a communist society they are the only ones practicing capitalism. Good work if you can get it!

      • s c

        WOWIE ZOWIE! Do you buy that ‘hope dope’ by the ounce or by the kilo? Thirty some years ago, I could have told you where to get suckers to line up to buy that “recreational” mind-dissolver.
        Obviously, it works. It has done a marvelous job in your case (and most Obummer jocks who ‘support’ him). However, you need to get a life,
        stop smoking that crud and stop proving that some people are determined to utterly devolve before being ‘statistically deleted’ by an Obummer death panel when it’s your turn.

      • Matt

        Yeah, we can learn that they come to America for medical care because theirs sucks. Just the other day I seen one of their officials coming to America for a heart operation. Things that make you go hmmm.

        How about we divy up all of your stuff to pay for those that have less than you? You wouldn’t like that and neither do most Americans.
        How about you make some sacrifices in life and be responsible for yourself. Why should my grandkids pay for you or anyone else? Why should anyone else pay for me?

      • TIME

        Tim,
        You sure enjoy stirring the pot with your rhetoric now don’t you?

        Perhaps if you had real life experience things may be more clear to you, but as it is I am confounded by your post every time you put down one of these mindless dribbels, that are so obviously missleading or outright wrong. Look the word “FACT” up.

        When Barry is shown in living color making statments these are a living FACT record of who Barry really is, not what you repaint.

      • Joe H.

        Time,
        I have to thank Tim for one thing. I bet he has changed the mind of more fence sitters here than you or I have so Thank you Tim!!! Silly Me, I forgot to say that the majority of those fence sitters have come down on the right side of the fence!!!!

      • J C

        For sure Joe, I love it when the far left speaks out and shows us how ridiculous their approach is.
        (Yes we can yes we can yes we can Zeig Heil Zeig Heil)
        Mindless morons! lol

  • http://home.att.net/~a.campanella/index.html Angelo Campanella

    It’s a troubling thought: Where to put your retirement assets. The (honest) immigrant’s quest to escape the tyranny of his old homeland is with us anew.

    • J C

      That’s a valid thought. I know people who immigrated from eastern Europe 20 years ago who say they had more freedom back there. That should give you an idea how quickly the US has “completely” turned away from it’s own founding principles.
      As for retirement funds? How about precious metals in a water tight ammon case buried next to your full auto carbine?

  • Joel Kruskie

    My flag still flies inverted and has since 2008!! Before the election, he was SO IN YOUR FACE CORRUPT. The libs control the media. The GOP was sound asleep and people were suckered by ACORN. And we still give tax $ to them. All I know is when they come after mine they better bring their’s!

    • Dave Decker

      Mines been that way since 9-11, haven’t seen any ‘turn-around’ in this (once)Great Nation yet!

    • RivahMitch

      I’ve flown only the Navy ensign and the Gadsden flag (both versions of “Don’t Tread on Me”) since Obummer was elected. The only exception was flying the stars and stripes (at full staff) on the occasion of Ted Kennedys death. I may use the Fort Moultrie, Bonnie Blue, Confederate Battle or others but will not (except in the event of another celebratory occasion) fly the U.S. flag until the Kenyan Marxist leaves office.

    • Matt

      I guess people were too stupid to realize that if Obama wouldn’t even show his real long form birth certificate that he wasn’t going to be very transparent once in office.

      Call me a birther I don’t care. Has anyone seen the “Show me the Carfax” commercials. No one in their right mind would buy a car from a salesperson that refused to every extent to produce this simple paperwork. If you did and bought a lemon you have no one to blame but yourself.

      So I ask, if we wouldn’t even buy a car from such a man, why would we ever consider electing Obama if he didn’t produce such a simple form?
      Citizen or not, its not the only point. It goes to character, honor and a belief that he serves us, not the other way around.

      He has no character or honor and if we don’t demand more from our leaders we will keep getting more of the same.

    • Child of Jesus Christ

      Who wrote this Joseph Andrew Stack!!! You right wing nuts are really waking up the voters who put Pres. Obama in office with the stupid comments and opinions that have been expressed on this site! Where were you during the Bush years? Do you really think that all we deal with today with American Corporations laying people off by the millions over the last few years is the fault of President Obama? If you do think it is his fault you are still asleep. I pray that God will keep President Obama and all other Federal, State, and Local officials and offices protected from people like you!!! All of your on this blog!

      • bbstacker

        You just keep on Rock’n Rollin’, cause yours and our judgement day is speeding towards us all. Whether it’s watering the Tree of Liberty, Nukes or the big rock outta nowhere…we’ll all face something. Maybe, it will be peacefully, like the old guy in his sleep and not the screaming passengers on his bus.

        but, I digress. If you’re a Christian where do you align yourself with a liar?

      • JeffH

        Sounds alot like EWO!

      • Joe H.

        Child,(well named)
        I don’t know if ALL are his fault, but a great many are because the businesses that have considered hiring haven’t because they haven’t any confidence in him! They just can’t believe that he will pull us out of this recession/ depression we are in by spending us out of it!!

      • American Citizen

        Heard today the Fed is going to raise interest rates a quarter of a percent. Now what?

      • J C

        Hmmmm….more Federal manipulation that will cause another “natural” business cycle? And it’s not even Federal…it’s hidden (under a rock)Banker thing.

      • George

        Publicly, they are saying the rate increase is necessary to abate inflation because the economy is recovering. A rate increase should help the USD to increase in value, and that should have a positive impact on inflation. However, I think the real reason is to encourage creditors to buy more US treasury bonds.

      • Claire

        Talk about being brainwashed. This is exactly what is going on in our crazy world. Americans are listening to the creators of dissent and drivel i.e., Limbaugh, Beck, Hannity, Olbermann, Maddow, Coulter, etc. Does anyone realize we are falling into their hands? People are being played like a “fiddle.” People are being manipulated by the best dissent creators that were ever born. They are nothing more than paid entertainers that are positively delighted when anything “bad” happens. Look at what Joseph Stack did. The economy and all this garbage we hear on the media sometimes drives some people to do crazy things. Is this a solution? No. It makes News for the media, nothing more. And now his poor family has to suffer for what he has done. It is time to “get a grip.”
        Sure, I care who our President is, but I will never call him/her a filthy name. I voted for both Bushes, do I call them a filthy name? No, I don’t. And I voted for Obama. Does that make me a liar and a cheat? No, it doesn’t. Does it make me a bad person? No, it doesn’t. All of us have the right to make the choices we make in life. I am not happy with the way things are going either. And I won’t crucify anyone for their choices. All I can do at this point in my life is try to make the best decisions I can the next time around.

      • Fed Up Gal in NM

        Child,

        We are all children of Christ, but if I were you….I would have simply stopped at “Child”….that is what you were trying to convey right? A child like rant, all while using Christ’s name so belligerently. Are you that starved for attention, making it worth humiliating yourself to get your three seconds of notoriety? Notice, I did not say fame…there is a difference!

        Fed Up Gal

  • Diana

    Mr O, speaks with “forked tongue” him also has snakes in his head, and
    him has a large following…. right over the cliff they go.. unfortunatly we are being dragged with the rest.

  • Conservative Carl

    This is of great concern and more people need to be concerned. I get the picture that any IRA Annuity is included in this money grab of Obama and his Marxist cabinet. People retired and on small amount of Social InSecurity which is supplemented with modest savings in IRA or Annuity accounts will face near poverty existence under the Obama-Biden plan.
    The president should never be given as much power as Obama has taken to himself – and yet his supporters have such faith in him that they brush off all these warnings as extremism. But then, many of them have no savings anyway since they spend it on partying and drugs.

    • Tim

      You mentioned that Obama had too much power. I recall former President George W. Bush was the most power hungry president ever. Remember how he spied on Americans and practiced torture.

      • JeffH

        Tiny tim, can it and crawl back to your tiny “government subsidized” hole!

      • wayne

        What a blind idiot. You don’t know the meaning of torture and the patriot act hurt no one,except terrorists. You (words removed for offensive content) repeaters ought to find a differnt country to worship your muslim marxist leader.

      • Dale

        Tim . . do you remember 5% unemployment, low taxes and not have to look at his mug every time you turned on the TV?

        About those folks that were tortured, who died, were they seriously injured, are they still suffering today???

      • DaveH

        A Liberal recalls Bush. How unusual!
        You have conveniently forgotten that only 1 Democrat Senator voted against the Patriot Act, and more than 2/3 of the House Democrats voted for the Patriot Act. It seems that the Democrats like bigger government even if it goes against their stated goals.

      • Hello?

        You must have something to hide! This was done to keep Americans safe. If you don’t speed then you don’t have to worry about the Highway Patrol taking your picture! Some people just do not have any common sense, guess we have all types in this country.

      • David

        Nailed it!

      • Joe H.

        Tim,
        At least mention WHIH Americans he spied on!!! If you are still talking about the troops, that has been legal in all times of war. the inspection of mail, the listening in on all calls and listening to conversations of soldiers is LEGAL under the UCMJ!! This was instituted to prevent the “accidental” slip of troop numbers, location, movement and missions!!! it has happened even in WW2. A lot of letters were stamped opened and inspected!

      • Charley41

        Get real Tim…Get up to date..sure Bush screwed up.. we were hoping for something better…guess what.. this guy is alot worse!!

      • J C

        It was wrong when Bush did it. Now that Obama has expanded on the idea and Czar Napolitano has put patriotic Americans on terrorist watch lists…it’s all Bush’s fault? You’re going to have to do better than that.

      • denniso

        You people are utterly hopeless, blind, dense, destructive and juvenile, all at the same time…amazing. Bush didn’t have the brains to do much of anything on his own,it was Cheny who masterminded the worst of those 8 yrs,including the most egregious presidential power grab in memory. Now you geniuses here want to forget and ignore the idiocy and illegality of Cheny’s term, but that’s now how history works…but of course, you dropouts wouldn’t know that. You think that politics in OUR country is only about spewing hate and lies about the opposition for the sole purpose of regaining your power.

      • JeffH

        duh!nisso, what has Obama accomplished on his own? I’ll answer that, triple our national debt in just 12 months! Otherwise, he has accomplished nothing, unless YOU give him and O’Biden credit for success in Iraq. NOT!

      • denniso

        Umm, you’d better check your facts because you’re utterly wrong…nothing new for you. The national HAS NOT tripled under Obama.

      • JeffH

        Oh maybe quadrupled?

      • J C

        Jeff did you notice that the Annointed One recieved a Nobel prize for exactly the same credentials for which he was elected…that being none!

      • Fed Up Gal in NM

        Denniso,

        Exactly who are you to call others “dropouts”? Your short-memory brain dropped out the minute someone ran and was subsequently elected, that promised you anything and everything without you having to take ownership or responsibility for getting it for yourself (in a legal way, that it is). You heard what you wanted to hear and figured that pipe dream was only one worth reaching for. How pitiful, yet FLL typical!

        Fed Up Gal

      • Claire

        I believe Congress has more power than the President.

  • Patriot007

    Another desparate act of a person without any genuine thought or good sense. Obamacrats, like Obama desire to create a plantation where everyone will see what it’s like to work for nothing, while he tells us how much better things are now. I keep thinking how much better things would be if this idiot were not elected by the urbanites who can’t seem to make it by their own means, they sponge off of the productive class – this includes politicians. I hope this little civics lesson to the country educates those wanting something for nothing because their “hope and change” is certain to be for the worse!

    • TIME

      Patriot,
      What the American leaches don’t quite get is it will be just like what happened in Russia, China, and Cuba, the ones who thought that everything would be free, and they would have life on easy street well they found that SLAVE LABOR camps, or if one would prefer, DEATH CAMPS, are what they ended up in.

      If one is not productive, they have no value to the system.
      Karl Marx.

      • LindyMaeUSA

        “The Majority of the world are nothing more than “useless eaters!”
        ~Henry Kissinger

      • http://timesays dave

        Time you have hit the nail on the head . That is where we are heading unless the people rise up and stop crock insane noboma b4 he has a chance to pull off the greatest heist in human history!

      • Joe H.

        Dave,
        Eh,what do you need all that money for? I mean it’s not as though you are gonna have to eat or anything. Obummers death squads are gonna take care of that little prob for you!!! See how good he is? no need for money, food or housing or any of those little nuances!!!

      • denniso

        Time’s comment is nothing but idiotic drivel,and you people applaud it?? My god,what a bunch of fools and traitors who are trying their best to get Obama assassinated…I’m still surprised that this site allows such harmful and threatening spewing against our president,but censors bad words.

      • JeffH

        denisso. Why are you talking about assasination? You are the only one that speaks like that! I guess subconciously that is your wish?
        You are one sick puppy, I mean slug!

      • libertytrain

        Denniso – I think it’s called personal liberty – people spout out their opinions, as you do on a regular basis. There’s very little censorship on this site – for a reason. It’s open to all opinions – (with the exception of barring foul language and too personal of attacks at other posters or the writer of the article, etc) and I’ve noticed the left frequently accuses people of things they never said more often than not…just what they are imaging, yes I meant imaging, in their own heads.

    • http://donthaveone Beberoni

      He was elected by the uneducated who were hypnotized by their brain suckers in their house, through the spending of millions upon millions of TV advertisements, with this guy saying no more than, Change, change, change. That is all he campaigned on, 3 words, change, change, change. He brought no plan, no directives, no solutions, just pointing the finger at Bush, and saying change, change, change, and since the liberal media had attacked Bush on these same brain suckers for 8 years, the uneducated, instead of seeing the progress we made, and seeing the true state of things, voted for someone they did not know, knew absolutely nothing about, didnt know who he was or what he was, or what he stood for, yet they bought into change, change, change, because their brain suckers told them to.

      • denniso

        So, the ‘uneducated’ elected Obama?? Here I thought the rightwing extremist mantra was that it was ‘elitists’ who elected him…you really shouldn’t so clearly show your ignorance by flip flopping so readily.

      • J C

        It was elitists who financed him. It was the largely illiterate who voted him in. (Yes we can, yes we can, yes we can…zeig heil zeig heil. Mindless morons)

      • denniso

        You just have to be wrong again and again,don’t you? Obama raised more $$ from regular people over the internet than anyone ever has. The vast majority of college educated people supported and voted for him. The majority of the undereducated and witless voted for Cheny/Bush and McCain…look it up.

  • OrlandoRican

    WE, THE PEOPLE can stop this madness by, for now, bombarding our elected officials letting them know how opposed we are to Mr. Obama’s policies, and then in November by throwing all the bums out. Otherwise it will be the same “O”, same “O”.

    • TIME

      OR, I agree with you, but we as a nation must take stock of the values of whom ever we vote in.
      These persons MUST match the American peoples moral base as well the Constitution and Bill of Rights that was signed into law way back when. We have as a country have allowed countless POLY – TICKS to suck the life blood out of us all.

      If we don’t follow what I just stated, we will be trading “one Con Artist for another.”

      I as well have been talking about this move, as soon as Barry noted a ” Standard form of Investments” for the American people I knew just what he had in mind. “Plunder Rape and Pillage.”

      The moneys that have been stolen from all Government programs no matter what they are, it has to come from somewhere.
      You all know where thats coming from. { YOU }and what little you have left after the decline in your homes value, the incressing Tax burdens that will end all small business once and for all.

      Get ready for the comming year of assults on the last very vestiges of your Freedoms, as Barry is far from done yet, but so close its just about a 1984 moment.

      Again this is not a Democrat or Republican thing, this is a plan to destroy the United States of America once and for all.
      Its called CHANGE.

      • http://victorbarney@embarqmail.com Victor L Barney

        Sounds like a true supporter of the “Islamic” Terrorist founder, Mohammed to me! Obama gets it right, as apparently many people in Islam have not?

      • American Citizen

        Do you have a comprehension problem?

      • http://donthaveone Beberoni

        I fully believe Obama supports the Islamic terrorist cause, because the muslims stick together whether right or wrong.

  • Robin from Indiana

    The government needs to stay out of the people’s business. The corruption has crossed the line too many times. Washington is the equivalent of Sodom and Gomorra combined!

    • Dave Decker

      “Live FREE or DIE” “If you’re not living on the edge, you’re taking up too much space.”

      • jim

        Dave, I like it.

      • David

        you know that guy fell into MSH volcano by standing too close to the edge…..

    • lazor1

      robin you are so right, look up kevin jennings the so called safe school czar and you will want to make sure your kids are safe FROM him.

      • http://donthaveone Beberoni

        Anymore, our kids are not safe at school, what with the left wing liberal indoctrination into sex in 2nd grade, when they shouldnt even be thinking about things like that, and in teaching them tolerance of the people that are planning on killing us. Telling them that a bird pooped on a rock and the sun fermented it and thats how we came to be, instead of teaching them the truth, that a loving God created us. You cant have a Bible study in the school, but you can study the Koran. Whats next? It truly is bizarre.

  • http://donthaveone Beberoni

    Just what we need, the government running our pensions. That way, when I get to retirement age, it can all be pissed away like they did the thousands of dollars of social security money I dumped in there along the way. This way, they can take and give more to illegal aliens and those who will vote for them later. Unbelievable.

    • David

      Pull it out, pay the penalty and buy a small farm. If this happens, it will be the first shot across the bow and as things are shaking out; we will have to take care of ourselves….all this stimulus is simply pushing out the inevitable correction and making it worse.

      • Dave Decker

        Did that 8+ yrs ago after 9-11! Been ‘shooting over the bow’ ever since, where IS everybody else ? (Best ‘move’ I’ve ever made…)

      • denniso

        This article is just more fear and hatemongering from the rightwing,w/ No substantiation or facts,designed to stir up and scare the peasants(you people) for political gain….and wasn’t it Cheny/Shrub who tried to privatise social security not long before the market collapsed,a collapse that would have decimated retirements further for tens of millions of Americans???? This paranoia and fearmongering is getting more absurd every day. Take a walk…

      • THomNJ

        No denniso – they didn’t try to privatize social security – they tried to let Americans keep and manage their own money – meaning to keep it out of the hands of Congress – even a lefty ought to be okay with that.

      • DaveH

        Do you think anybody on this board listens to you Denniso?

      • Bob M.

        First off denniso. A typical left winger who has only one statement to make “IT WAS BUSHES FAULT WA WA WA”. You sound just like the Kenyan idiot you dimwits put into the oval office. If you cannot see that Oblammy is not the worst thing EVER to happen to this country then you are a complete MORON.
        BTW Bush never tried to take money from SS, he wanted to allow us to take a percentage of our retirement and do AS WE WISHED WITH WHAT A CRAZY IDEA!!!!!! let the person the money belongs to decide what to do with it instead of the Obamas, Franks, Dodds, Pelosis, and the rest of those idiots in Washington deal with it.

      • Carol B

        THANK YOU THANK YOU THANK YOU! Finally someone who is not stupid.

      • David

        Why Denniso, us peasants aren’t scared. The real problem will come when your sheeple wake up…you know the ones who’s benefits continue to get paid by the stimulus money? Tarp wasn’t enough to shore things up. Now we have to hand out money to every welfare program/gov/union program out there to keep them on life support. What will these incapable needy sheeple do when the money is gone?

      • Matt

        Social security has been decimated. Your arguement is a lame one because SS is not sustainable. It is a pyramid scheme in the making. First ones in get a payout. Last ones in get screwed out of all the money they put into the socialist system.

        Tell me why a baby not even born today should be responsible to take care of you when you have had your whole life to get it together? If you are a loser in life, guess what? Its not our fault… its yours.

        All those in favor of these confiscating socialist programs should have all of their money and property confiscated and then divied up so they can actually live up to their beliefs.

      • JeffH

        denisso, “This article is just more fear and hatemongering from the rightwing,w/ No substantiation or facts,designed to stir up and scare the peasants(you people) for political gain”

        Like Obama, you think of us as peasants? I guess you consider yourself above “us peasants”. Not bad, coming from a member of the flock that feeds at the trough!
        The only fear and hatemongering is in you pitiful little pea of a brain. Don’t be fearful, we don’t bite!

        You really should try a new approach to all of this because, like your hero Obama, it just doesn’t hold water anymore. Your ship is sinking fast, admit it.

      • bbstacker

        Check your six, dude. Pelosi proposed this as well as Ghilarducci.

        You might want to go googling, too. http://www.carolinajournal.com/exclusives/dems-target-private-retirement-accounts.html

        You go on believing whatever kook-aid induced lies you want, but first and foremost, when has anyone anywhere ever, EVER, spent their way out of debt? Tick Tock…

      • denniso

        JeffH, just to be clear,we’re all peasants…the ones who aren’t are the fatcat bankers,financial corps ceo’s and the super wealthy in general, the people who have real power and huge financial clout…not the working people. I’m a working person.

      • PoFolks

        Quit the MAObama Kool-aid – it is killing off the few remaining brain cells that are active.

        obaMAO is a walking, teleprompter reading disaster. He is wrong on everything he does. This Marxist dog is the ultimate anti-American and needs to be brought down. This has already begun and will expand exponentially on November 2, 2010 and extend through 2012 when we can remove all the vermin infesting Congress and the Awful/Offal/Oaf-full Office.

      • J C

        You can’t justify this kind of crap by blaming someone else.

      • http://donthaveone Beberoni

        Your paranoia astounds me.

      • denniso

        PoFolks…congratualtions, your juvenile blab and tone would fit perfectly into the nazi propaganda machine of Hitler and Goebbels…’vermin’, ‘marxist dog’, ‘brought down’….I just hope you haven’t spread your vileness to any kids you may have spawned…if you have,they have my sympathy.

      • Norman

        Really what part of taking your money and running did you not understand? I have money in a 401K and asked the manager about this very thing June of last year HIS answer was They “the Government” are going to do anything to fund THERE Agenda.

      • denniso

        And you believe everything a money manager tells you? I rest my case…

      • BOE

        You also must not have a retirement fund to worry about. You are most likely hoping to get some of our hard earned savings because you either didn`t save or didn`t work. Which is it?

      • Fed Up Gal in NM

        I agree Denniso,

        Your paranoia and fearmongering is absurd. Why not just give it a rest? Your bloodpressure would probably drop at least 40 points.

        Fed Up Gal

      • Fed Up Gal in NM

        Denniso,

        I feel very sorry for you. It must be a terrible burden to pack around all that hate and jealousy.

        Like you, I’m a working person too. Unlike you, I’m not jealous of others who have more money and more toys that I have.

        Just wondering, do you own your own business and hire others….or do you work for someone else who hired you? Hmmmmmm…just a thought.

        Fed Up Gal

      • denniso

        Just to reiterate, I have been self employed for all but one yr of my adult life,in other words, created my own work and income,unlike 99% of the rightwinger ranters here. You,like most rightwingers, make the mistake in assuming that because I care about the poor and disenfranchised when we have fatcats,like insurance ceo’s, making tens of millions a yr,that then I must be one of the lower class. Wrong!! You people typically assume that because most of you are selfish and don’t think outside of your little life..so if you’re doing well,it doesn’t matter that we have 50 million or so poor at the same time we have extreme and even obscene wealth in this country. You can’t even figure out that the huge gap in wealth affects all of you in ways that you’re blind to. Crime,taxes,healthcare,education….
        Just so you know, I own my business, a home, a separate piece of land, 3 vehicles and a nice retirement nest egg, all from the fruit of my own brain and 2 hands.
        As far as ‘feeling sorry’ for people…I feel sorry for most of the lamebrains on this site who are so filled w/ hate and fear that all they can do is spout hate at their president and others who think differently from them.

      • Fed Up Gal in NM

        Denniso,

        Well, I see you’re still raging with anger and hateful emotions. Maybe you should give today’s article by Dr Wiley a read before bedtime; I really feel for you… taking such bitterness to bed with you….really….I do.

        Seems you are making the very mistakes you consistently accuse those you refer to as “rightwingers” of making. I’ve said THIS before, but will say again….you and others who think like you (includes the current administration and most of the rest in Washington) believe you are somehow justified in stealing money from others. Sorry Denniso, the only difference between you and the other thieves in Washington is….the Washington thieves just blatantly steal…..you on the other hand masquerade as a do-gooder and let the Washington thieves do your dirty work for you. How very noble of you!

        I do admire your entrepreneurship in going into business for yourself. Just wondering how you would feel if someone else or even big government came in and dictated to you that you will have to give say a 30% discount to people who want what you have to offer, but don’t feel they can pay the price for a product or service they did not in any way plan for…but must have? I know it’s easy when you’re telling others they must dole out a higher percentage….but when you have to dole out the extra….different story huh? Yeah….I bet you’d be just giddy all over….ready to dole it out if the previous administration did it….yeah right!

        I too own my own (modest) home, rental property, and some land back home. You did beat me however with the number of vehicles you own; I own only one vehicle, as I can only drive one at a time and it’s been paid off for about 7+ years…..and I did not purchase a new one under the recent cash for clunkers bail out, although I certainly could have qualified.

        I’m proud (but not too proud) of what I’ve obtained in my life, however I am more proud of the fact that I’ve accomplished something while still helping others along the way. Maybe you just forgot to mention it, but I don’t recall you commenting on any help you’ve offered others while amassing your individual wealth, owning three vehicles and contributing to Gore’s global warming dynasty….be it , what it is (NOT) …in your scathing comment to me. Like I said, maybe you just forgot….or maybe you just will never understand how conservatives can be fiscally responsible, yet very caring and very giving people. I know….that’s just a terrible image to wrap you FLL brain around.

        You also failed to answer one question. How many employees did you hire? One last after thought: You don’t own a supposedly non-profit ….like maybe ACORN…do you? Just wondering!

        Fed Up Gal
        P.S. I don’t think I ever said you were “low class”…..hmmmm…. could it be your twin personality coming out?

      • cr747

        Fed Up Gal In N M,,well did you see where that Obama’s ACORN LIE got EXPOSED today..

        President Obama said,” Quote on Quote,” and I welcome ACORN’S input.. You don’t have to ask me about that..”Talking about ACORN,”.. I’m going to call you even if you don’t ask me..
        When I ran Project Vote, voter registration drive in Illinois, you know ACORN was smack dad in the middle of it.. Once I was elected, there wasn’t a campaign that ACORN worked on down in Springfield that I wasn’t right there with you.. Since I’ve been in the United Stated Senate, I’ve been always a partner with ACORN as well.. I’ve been fighting with ACORN, alongside ACORN on issues you care about my entire career..”Quote on Quote”

      • cr747

        Fed Up Gal In NM,,according to a new Rasmussen reports poll–only 22% of Americans strongly approve of the job President Obama is doing..That is the lowest in his presidency!!!!!!!!!!!!!

      • Fed Up Gal in NM

        cr747,

        Yes, I heard that too….and I know I’m in that other 78%. Thanks!

        Fed Up Gal

  • Norma

    You are so right SC ,I’m wondering when Americans everywhere will wake up,or will it be too late for America?We have had our heads in the sand too long.Can’t everyone see*THE MAN UPSTAIRS IS ANGRY? How are we going to fight this latest siege on middle class America,or all America for that matter?

  • s c

    This is a timely article. Every Obummer supporter who claims to have a conscience must read it. Obummer’s arrogance knows no bounds, and he will stop at nothing to please his masters.
    In a bastardized version of JFK’s words, Obummer thinks the American people must ‘ask not how we can remain free. We must ask why we are not a nation of slaves.’
    Put nothing past him. He showed his true colors long before he went to Washington. He is the epitome of a deluded, useful idiot, and his mission is to destroy America.

    • JeffH

      s c, you have hit the nail on the head again. Don’t trust the words of this scumbag “prez.”, his mission is very clear, destroy America’s “reighn supreme” at all costs.

    • http://victorbarney@embarqmail.com Victor L Barney

      As Jeff said, you hit the nail on the head! One thing is certain though, obama will do just that, probably by Executive Order! This man will have to be impeached in January of 2010 to save this country from total destruction and reverse the road to hell that he is putting us on with him to follow!

    • Robert

      I think if Washington went along with this grand larceny conspiracy, it would be the final straw that broke the average Americans back. My immediate thoughts is that this would be the definite trigger that spurs a nationwide revolution. I wouldn’t want to be an unarmed politician if this happens.

      • SiliconDoc

        They’ve got a plan for that. Crashing a plane into an Austin IRS building took how mayn personal slaps in the face where the guy who did it had his retirement savings sucked dry and the govey IRS reaming and re-reaming him ? I believe it was 4 or 5 total retirement savings smackdowns the guy went through. (I read the linked post from his company’s website).
        So anyway, it appears the general pain level is quite high. You can be certain they will roll out their secretive test polls and roundtable query groups to test exactly what percentage (10% at first like the article points out ?) they can start with, AND THEN NOTCH IT UP TO – 20%, 30%, 50% – whatever…
        Yes, they will have their focus groups all done before the law proposal even hits…
        It seems to me they have nothing to fear at all – they have pumped into society the tree hugging mentality for so long – the media acts horrified by their selective reportings of violence each and every time, as if it’s always unprecedented, and the angle and tone they use is always severe against the “violent one” unless is it a government backed enforcer, and pumped into the public skulls is the danger around every corner…
        So they have their mass of mind numbed sheeple right where they want them – they pile out of San Deigo by the half million with a few wind fires that don’t even singe 1 of 200 homes – the whole place bugging out by government order – and just TRY saying how ridiculous that was– boy was I attacked – “you must get out of the way for the “experts” to come on and save the place!! ?? !! !! ”

        No, they have no worries, the sheeple are fat, fearful, and most of all, have screaming abhorrence to violence 24/7/365 – even the men have been NEUTERED for a few decades.

        I suppose there could be the converted psychosocial lib theory (sexual repression) that all the “suppressed violence / tree hugger indoctrination ” could come out in an unwound spring the size of a nuclear explosion…
        Ok, maybe I’m wrong… LOL

    • Warrior

      Listen, if you can’t get your hands on the $2.5 tril of healthcare dollars floating around the economy then shortfalls have to made up from elsewhere. The Beast needs to be fed (no pun intended. So, stimulis one took care of all the trough feeders for a while. Stimulis II er, “Jobs Bill” will take care of them for another year however, if you people don’t start buying crap and increase our tax receipts, we may have to have Stim III; IV; V until you understand our needs.

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