Obama’s Socialist Government Coming For Your Pension.
Obama’s Socialist Government Coming For Your Pension.
A Commentary By J. D. Longstreet
Months ago we warned that Obama’s Socialist government would be coming after the American workers/retiree’s savings. We warned that our new “collectivists” government was going to seek some way of looting America’s retirement funds and simply taking that money for America’s new socialist government to use towards payment of the humongous debt the Obama Regime has run up with their host of socialist/marxist’ programs… including ObamaCare.
Many of you thought it was a stretch, and you didn’t believe us because, well, it was just TOO difficult to believe that your government, an AMERICAN government would do that to it’s citizens.
What you didn’t take into account was… the Obama Regime is a SOCIALIST Regime! America is now a SOCIALIST COUNTRY!
We warmed you about ALL of this long before the election in 2008 and the majority of American voters either refused to believe they were voting for a socialist, or WANTED TO VOTE FOR A SOCIALIST! Either way, America wound up with a socialist government having already elected a socialist majority to run the US Senate and the US House of Representatives in 2006.
Well, dear American Electorate, you got what you voted for: Change – change from a constitutional republic and a capitalist economic system to a socialist/marxist government and a faltering capitalist economy headed for the doldrums because it cannot operate efficiently with overbearing government oversight and intrusion.
Wall street’s seeming resuscitation is momentary. Conservative pundits have been telling you for months to expect this uptick in the economy – before it nosedives again.
None of this comes as a surprise to us. We TOLD you it would happen. And now it has.
Now comes even more confirmation of our predictions concerning the government confiscation of your pension.
From Investor’s Business Dailey comes this: “Government Retirement: Democrats have obliquely admitted they covet Americans’ pensions. Last week, congressional Republicans told them to stay away. The shame is that they had to do anything at all.
The first rumblings were heard in the 1990s, when Democrats were said to be coming after our retirement accounts. Back then, the warnings were easy to pass off as hyperbole or a cranky conspiracy theory. Today, they pass as prescient.
In January, Bloomberg reported the “U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and individual retirement accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry.”
Alarms went off. In February, former House Speaker New Gingrich and policy analyst Peter Ferrara warned in our “On The Right” column that “Washington is developing plans for your retirement savings.”
“The idea,” they said, “is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years.
“They will tell you that you are ‘investing’ your money. … But they will use your money immediately to pay for their unprecedented trillion-dollar budget deficits, leaving nothing to back up their political promises, just as they have raided the Social Security trust funds.”
Got your attention yet?
In the same article IBD reports the following: “Last week, Connie Hair wrote the following in Human Events about the Annual Report of the White House Task Force on the Middle Class released in February:
“The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement — which lets them off the hook for their collapsing retirement scheme. And, of course, the Obama administration is eager to accommodate their buddies.” (Read the entire article HERE.)
It IS coming – unless we stop them. The American socialist government IS going to redistribute America’s wealth. They are going to take it from those who worked their butts off to earn it and they are going to give it to those who did not — for whatever reason. That is what socialists do. That is how socialists gain and maintain their power.
Someone once said: “When you rob Peter to pay Paul, you can always count on the support of Paul!” That is gospel truth, dear reader! The recipients of the seeming government largesse will go to the polls in tidal waves to protect their source of sustenance.
This coming November, if we want to save America and return her to a constitutional republic as the founders intended, we cannot sit on our butts and expect others to do the job for us. Because, dear reader, we are simply outnumbered. And — if Amnesty For Illegal Aliens (Immigration Reform) is passed into law — we will be even more outnumbered as they trample over each other to get to the polls to vote for those who made them citizens — even though they are lawbreakers.
Look around you fellow Americans! Look at the cesspool America has become since the Obama Regime took office. Look back as far as the election of 2006 when the socialists were chosen to rule the Congress. There is clearly a red line drawn across the recent history of America that only a blind fool cannot see!
We must save America from the socialist menace. We owe it to the millions of Americans who have gone before us and given their lives to preserve the constitutional republic of our Founders. We owe it to our children and our grandchildren to hand an America, at least as good as the one we inherited from our parents, on to them.
Just as surely as Germany made a national mistake, which led to their destruction in the Second World War, we Americans have made a huge national mistake, which is leading us straight down the path to destruction. But, unlike the Germans, we have the power to correct that mistake — if we move quickly. If we do not take advantage of the moment, we will soon find ourselves as helpless as the Germans of the last century and we, too, shall be destroyed.
Remember in November. We must rid ourselves of the albatross of an American Socialist Government hanging so heavily around our necks and purge our Congress of the Socialists, and Progressives, and Marxists now in power.
We have one chance at this – one chance to make this right. We must not fail.
J. D. Longstreet