Friday, April 12, 2013

Is Government Seizure of Private Retirement Accounts Possible

I have sent out information on this topic before.  But, here is a nice succinct summary of possible actions the government might take to gain control of private retirement accounts.  As the article notes this is not an unprecedented action.  Governments in Europe and South America have done so.  The basic problem that has driven our government to consider taking such action on pricvate citizens's accounts is its need for cash caused by foreign nation's (China, etc.) reluctance to loan our government money at the rate they have in the past.  To compensate the FED is stepping in to fill the gap...and the consequence of that is yet more debt guaranteed by US citizens.  Please read the article and consider your circumstances.  At the end of the article an offer is made by Goldworth but I am not endorsing their products/recommendations.  Everyone needs to decide for themselves what to do to secure their future.  My intent is to share information that may prove useful.  George Burns 

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