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Name:
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Lifer
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Subject:
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A cut and paste of interest to all
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Date:
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10/17/2010 9:29:31 AM
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Dear Fellow Sitting Duck:
As Obama's spending orgy sinks America deeper into financial turmoil, he is about to turn Uncle Sam's acute funding crisis into YOUR problem.
In fact, Obama's Treasury and Labor Departments just held outrageous, executive branch hearings on nationalization of retirement accounts, and they are actively looking for the opportunity to ram this asset grab through.
Your nest egg is in their cross-hairs; you know, to "protect you" from losing your own money.
Congressional heavyweights such as Rep. George Miller (D-CA) have already held hearings on "merging" 401(k)s, IRAs, and other tax-advantaged private savings programs into the failed Social Security program.
That's why it's absolutely vital you take a quick moment today to sign the Keep Obama's Hands Off My Retirement Account petition to Congress.
In my 23+ years of exposing government attacks on assets for discerning Americans, trust me when I tell you that we ALL need to tell Congress in no uncertain terms:
DON'T LET OBAMA GET HIS GRUBBY HANDS
INTO MY RETIREMENT ACCOUNTS!!!!!
Here's what is going on.
The cash-strapped Obama Administration's unofficial 401(k) nationalization czar is utopian New School for Social Research academic Teresa Ghilarducci -- who was dubbed by U.S. News and World Report as "the most dangerous woman in America" after she appeared before Congress to testify in favor of government seizing 401(k)s and other retirement assets.
The "Most Dangerous Woman in America"
Who Helped Obama Rip Off GM Bond Holders
Now Wants YOUR Retirement Money!
Following her Congressional testimony at a 2008 hearing to begin ending 401(k) and IRA tax advantages, Ghilarducci admitted on conservative talk show host Wilbur Kirby's KVI 570 show in Seattle the truth about the left's scheme for gaining control of private retirement accounts:
"I'm just rearranging the tax breaks that are available now for the 401(k)s and spreading [here she paused briefly to consider her words] spreading the wealth..."
It is vital you sign our grassroots petition right away! Obama administration officials and their leftist allies in Congress have zeroed in on over $15 trillion in 401(k)s, IRAs, 403(b)s, and other accounts – and only a grassroots bonfire of opposition will ultimately stop them.
Why? Major state pension funds, state governments, and the entire federal entitlement program structure are on the verge of collapse and in need of bailouts due to collapsing tax revenues.
This Massive Theft is Underway --
Help Me STOP Them!
In addition to the Congressional hearings referenced above -- and an "automatic IRA" bill introduced in August by Senator John Kerry (D-MA) -- Obama bureaucrats are working furiously on new regulations (CFR, Part 1, RIN 1545-BJ04) to "herd" unsuspecting 401(k)/IRA holders' money into government-approved "investments," such as federal government debt. The "mainstream media" have totally blown off this story.
My name is Lee Bellinger, publisher of the nation's fastest-growing financial and self-reliance intelligence newsletter for savvy, freedom-loving investors, Independent Living.
My monthly intelligence advisory has become the largest newsletter of its type in America. Independent Living warned our readers well in advance about the housing bubble, the probable collapse of the banking system, and many other wealth-destroying threats.
You Need to Get Involved Now --
Don't Be a Sitting Duck
Today, I am sounding the alarm because millions of Americans stand to lose TRILLIONS OF THEIR OWN DOLLARS.
I DESPERATELY NEED YOUR HELP TO STOP THEM. Your assets and your financial future are directly on the line!
Sign our urgent petition to Congress right away. I am committed to sending at least 1 million petitions to Congress, talk show radio hosts, and the Obama Administration.
Over the coming months, my national petition drive will touch millions of U.S. households.
Our message: You Will Pay a Political Price if You Even THINK of Stealing Our 401(k)s, IRAs, and Retirements Accounts and Dumping Them Into Government Bonds.
Trust me when I tell you this is a winnable fight. Congress needs to be told in no uncertain terms that we will NOT let them turn our private savings into an ATM machine for spend-thrift politicians.
Don't wait for this freight train to hit you. Make your voice heard now. Sign and submit your petition now, before a new financial crisis gives the Obama administration the cover it needs to ram this outrageous retirement nationalization scheme through!
Lee Bellinger, Publisher
Independent Living
P.S. Obama administration officials are desperately looking for new suckers to pay for their trillion dollar deficits. That's why they want to nationalize our retirement accounts. We must stop them!
Please sign this petition immediately!
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