Monday, November 29, 2010

You still think it can't happen here

I talked last year about how the government in Argentina confiscated peoples pensions and used the money to keep the government running. Dumbos here in the US said it would never happen here because we are a first world country with the rule of law. Well several first world countries in Europe that supposedly have the rule of law just confiscated there citizens pensions to keep the game going. Still think it can't happen here. Here is a link to an article about France seizing pensions to pay for welfare benefits. The same thing will happen in Ireland as part of the bailout from the EU. You need to understand that the government is an entity unto itself and will do whatever is required to maintain power. This includes ignoring the rule of law, stealing your wealth, and even killing you if that is what is required for its continued existence. Get some of your assets out of your country of residence while you still are able.

1 comment:

Mayberry said...

Long time no see. I have no 401k, and I'm not betting on my state retirement to be around. My money is going into tangibles...

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