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NASA Announces That Magnetic Portals Do Exist!

NASA Announces That Magnetic Portals Do Exist!

Diane...
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Presidential memo on insider threats: Why now?

Presidential memo on insider threats: Why now?

Gregory...
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United Nations threatens Colorado, Washington state over marijuana decriminalization laws

United Nations threatens Colorado, Washington state over marijuana decriminalization laws

    J....
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Corporate Media Uses False Graph to Sell Iran Nuke Threat

Corporate Media Uses False Graph to Sell Iran Nuke Threat

Joe...
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200 Foot Massive Sinkhole Still Growing – Collapses Ohio Roadway

200 Foot Massive Sinkhole Still Growing – Collapses Ohio Roadway

A...
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‘First Amendment Cop’ Becomes Internet Icon

‘First Amendment Cop’ Becomes Internet Icon

“I...
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NYPD officer photographed giving boots to barefoot homeless man

NYPD officer photographed giving boots to barefoot homeless man

A...
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Insomnia47 | iLive | Early Arrivals

Insomnia47 | iLive | Early Arrivals

Shed...
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Obama Moving To Steal Your Pension Plan

Obama Moving To Steal Your Pension Plan

Adam Strange Obama wants all your private retirement money Obama has been lusting after your private retirement and pension funds for years. Now it’s being reported the federal government is accelerating its plans to grab your monies and tarnish your Golden Years. Several years ago a radical professor met with some key members of Congress to tout her plan to have the federal government raid private pension plans, including all IRAs and 401(k)s, and fold them into the Social Security Trust Fund, or a new superfund comprised of Government Retirement Accounts (GRAs). The story, although covered, was under-reported by the mainstream media. Professor Teresa Ghilarducci Professor Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, met with select Congressmen to advocate the confiscation of private retirement funds: 401(k)s, IRAs and company pension plans. She argued her plan met the needs of “economic justice.” During her jaw-dropping testimony before the House Committee on Education and Labor, she pressed for the adoption of a multistage plan: First, eliminate every tax break for 401(k) and other private retirement accounts. Second, confiscate by Congressional edict every American’s retirement program. Toss all the money into the bottomless pit of the corrupt government and call the stolen cash “Guaranteed Retirement Accounts” (GRAs) to make it sound nice and official. If anyone has the temerity to resist the government theft of their retirement nestegg, she had a solution for that too: fine or jail them. Obama: scheming to perpetrate biggest theft in history At the time, James Pethokoukis reported in US News & World Reports, “In place of 401(k) plans, she would have workers transfer their dough into government-created ‘guaranteed retirement accounts’ for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, said that since ‘the savings rate isn’t going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that’s not generating what we now say it should.’” That foray into the murky swamp advocating the outright hijacking of the previously sacrosanct private pension markets was followed by a flurry of reports in 2010 and 2011, among them Bloomberg’s Business Week revealing the Obama administration sought ways to convert all 401(k) savings and Individual Retirement Accounts (IRAs) into (government) annuities or other comparable financial structures. Blogger Brenda Bowers summed it up this way: “Let us deconstruct this. Here’s how it would work. The government would seize the $3 to $4 trillion in assets currently invested in retirement plans. The government would now own all the assets, having taken them out of the private sector. That would be in return for a promise that the government would make timed payouts—monthly or whatever—to the pensioners over the coming years. The government has already betrayed the public trust by spending the assets in the social security trust fund, leaving worthless IOU’s as placeholders. Now they want to do this with our employee retirement plans and our personal retirement investments.” NewsMax reports the current drive to replace private pensions and retirement plans with federally managed GRAs has not only picked up speed, but has widened its scope. Newsmax cites the administration’s 256-page Fiscal Year 2013 Budget Proposal touting the reintroduction of the 2008 “Automatic IRA” that Newsmax points out has “evolved” into two basic schemes: 1. Secure Choice Pension and Government Retirement Accounts (GRA’s), both of which automatically mandate 5 percent to 6 percent contributions into a basket of federal GRAs. Like Social Security, if the particiapnt dies the government keeps everything and nothing passes on to the decedent’s estate. 2. A significant change in the current tax law. The current deduction will be replaced with a credit, redeemable only after retirement. That weights it in the government’s favor. Worse, eligibility for the credit will be reached after choosing an option to move the entirety of the retirement balance into the annuity portion of the GRA. That investment sector is funded strictly with long term U.S Treasury Bonds with an estimated future accumulation of 3 percent a year. For more information focusing on the plan Obama has to grab your pension and retirement monies for the dead broke Uncle Sam, read Dr. Eowyn’s assessment here…and also learn all about the states that are following the federal government’s lead and laying the foundation for legal theft of your retirement assets.
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Worlds Waters Turn Blood-Red

Worlds Waters Turn Blood-Red

Exodus...
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Video: NOAA scientists on high alert for 2013 solar maximum

Video: NOAA scientists on high alert for 2013 solar maximum

John...
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Inmate: James Holmes Told Me He Was ‘Programmed’ To Kill by “Evil” Therapist

Inmate: James Holmes Told Me He Was ‘Programmed’ To Kill by “Evil” Therapist

‘Batman’...
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Disarming The American People Heres How It Will Be Done

Disarming The American People Heres How It Will Be Done

Incrementalism...
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“Fiscal Cliff” – Increasingly Likely & Desirable?

“Fiscal Cliff” – Increasingly Likely & Desirable?

The...
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Taking Over for Monsanto, DuPont Hunts Down Farmers for Violating the “Intellectual Property” of GMO Seeds

Taking Over for Monsanto, DuPont Hunts Down Farmers for Violating the “Intellectual Property” of GMO Seeds

JG...
Filed in: Latest News
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The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

By...
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Feud at The Fed: “Horrific Consequences” for Unlimited Easing

Feud at The Fed: “Horrific Consequences” for Unlimited Easing

AP The...
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Shock study: Mammograms a medical hoax, over one million American women maimed by unnecessary ‘treatment’ for cancer they never had

Shock study: Mammograms a medical hoax, over one million American women maimed by unnecessary ‘treatment’ for cancer they never had

  Mike...
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City warns of cell phone link to cancer

City warns of cell phone link to cancer

Roz Zurko Cell phones may be linked to cancer and one Florida city just passed a resolution to warn their residents of these health dangers. It has only been under a decade that widespread cell phone use has come into vogue, so long-term studies just don’t exist yet. In May the World Health Organization reported that there could be a risk of cancer due to cell phone use, according to Local 10.com, on Tuesday, Nov. 27, 2012. Enough information does exist to prompt WHO to make that claim and one city in Florida, took this into consideration when a citizen asked them to pass this resolution. Pembroke Pines City commission heard resident Jimmy Gonzalez plea to warn residents after he had tumors removed from the left side of his head, his left hand and on his left side near his hip. These are all the places that the cellphone pressed against Gonzalez’s body for long periods of times. The resolution passed by Pembroke Pines is different than a law or ordinance. The resolution doesn’t impose rules or issues fines if residents are non-compliant. This is just a warning with suggestions of texting or emailing in lieu of a phone call and it also suggests keeping the cell phone and inch away from their body. The Pine’s Mayor Frank Ortis said, “We worry about all aspects of life in our great city.” Some in the city are all for this warning, while others thought the commission crossed a line and took this too far. “I think that’s crossing the line,” said resident Shelly Grocher. The mayor said that “the city can’t legislate human behavior, but encourages everyone to be informed.” Source Examiner
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Predators with Impunity

Predators with Impunity

If...
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