Will Obama Seize Americans’ Savings?


Kris Zanewesternjournalism

Supposedly in order to stave off an “economic apocalypse”—reminiscent of the banshee Barack Obama’s recent sequestration road show—Cyprus called for a “tax”—that is, confiscation—of between six and ten percent of its citizens’ bank accounts.

Yesterday, they floated the idea of nationalizing—that is, confiscating—pensions.

Today, the European Union is pushing to “freeze”—that is confiscate— bank accounts of the “bad” banks—forget about six and ten percent; they’re talking about forty percent!

Will Obama Seize Americans’ Savings

They use terms like “tax,” “freeze,” or “nationalize”; but the operative word here is “confiscation.”

Obama would call it “paying their fair share.”

Although “theft” would be the word most would use.

The whole fiasco matters little as far as Cyprus is concerned. We’re talking about the EU wanting to “freeze” $13 billion. America spends that much funding Obama’s endless golf outings.

But when Americans heard that the European Union could force a sovereign nation to confiscate private citizens’ bank accounts, there was a collective gasp. Our economy is intimately tied with the European Union; and in fact, Americans have largely funded the endless bailouts through our having to pony up funds for the IMF. So when it was heard that the EU could confiscate private citizens’ bank accounts or pensions, we knew they could do it to virtually any country in the EU—and in fact, many now are talking about a “tax” of 15% on Italians’ savings.  What country is next? Germany? The UK?

What about the United States?

Far fetched?

Not at all. Obama and his gaggle of leftists were actually floating the idea of nationalizing 401Ks and IRAs in 2010—and only were stopped in their tracks when they lost the House in the 2010 midterms.

Under the auspices of a “bailout” for Big Labor’s bankrupt pensions—the same Big Labor that has donated half a billion dollars  to Obama’s endless campaign—Democrats were planning on confiscating Americans’ retirement accounts and funneling the money to their Big Labor backers.  The cover was the creation of what they called a Guaranteed Retirement Account—GRA—another government takeover that dwarves ObamaCare’s takeover of the healthcare industry.

Is this something a radicalized Obama administration floated, then rejected, in 2010?

Not at all. Obama’s just doing it, as always, via a Trojan Horse. Called “Automatic IRAs,” Obama’s budget proposals for 2013 include a preliminary government takeover of Americans’ retirement accounts by mandating employers contribute a certain amount to their employees’ retirement.

Of course, this employer mandate sounds oddly similar to ObamaCare’s mandate to buy health insurance, which is nothing more than a Trojan Horse for single-payer—that is, socialized healthcare.

And the “Automatic IRA” will be a Trojan Horse for nationalizing retirement accounts.

But this is only the beginning. Barack Obama and his gaggle of leftists are out for the motherlode: full-blown socialism.

Behind the scenes, the Obama administration is waiting for the European Union to collapse; waiting for the U.S. stock market to crash; and, like a vulture waiting for his prey to die, waiting for the U.S. economy itself to collapse.

Enter George Soros,  dubbed “The Man Who Broke the Bank of England,” who funneled hundreds of millions of dollars out of the British economy with the collapse of the British pound and is now about to gut the European Union with the impending collapse of the Euro.

And now he’s out for blood when the U.S. stock market collapses.

The stock market in recent weeks has been at record levels. Many have predicted a stock market crash—losing up to 90% of its value—although those on the hard Left, especially our friend George Soros, won’t say it openly.

Soros, along with a gaggle of other banksters, have dumped most of their stock in the banking industry and are stockpiling a massive amount of gold.

And Obama and Soros have a secret that they’re keeping wraps on: If the stock market crashes, the economy itself will collapse.

Presto Chango!—or in Obama speak, “Change you can believe in!”

When the stock market and economy collapse, Obama—with Soros no doubt at the helm—will call for “nationalizing” Americans’ retirement accounts—“coincidentally” estimated to be close to the amount of the current national debt—$18 trillion—in order to, in Obama’s words, “Get our fiscal house in order.”

And if retirement accounts are “nationalized”—that is, stolen—why not nationalize everything—that is, why not have full blown Marxism?

Why not, indeed?

Of course, the American people won’t go willingly. Those who “cling to their guns and religion” will fight Barack Obama tooth and nail.

Is this why the Obama administration has been on the war path trying to gut the Second Amendment?

Is this why the Obama administration has stockpiled two billion rounds of ammunition?

Is this why the Obama administration has been stockpiling light armored tanks, preparing for a literal civil war on the streets of America?

A civil war in America?

You betcha!

When the manufactured “economic crisis” is over, Obama’s “fundamental transformation” of America will be complete, with a Marxist utopia safely in place.

Is this all a wild conspiracy theory?

Perhaps. Perhaps not.

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4 Responses

  1. 5 War Veteran says:

    Yes and if you think that “Our government would not do this!” They already have. They did it in the Great Depression and they will do it again because they cater to the Illegal Banking Elite the same as they did in the Depression.
    Simple fact history repeats itself and your savings are not safe in deposit boxes or in digital values in some computer and certainly not in the fiat currency we are now using.

    Any value will be stolen soon. It is just a matter of time. Can you trust a government that is taking away your rights of self expression? To self preservation and self defense? A government that tells blatant lies and then denies doing so?

    Example: George Bush Jr. told the US people that Weapons of Mass Destruction existed in Iraq on National Television.
    He then denied making that statement in an interview on Television.

    How about the trust in the Elite owned media that creates false news?
    Like Anderson Cooper’s “green screen” telling us he was in Sandy Hook. http://www.youtube.com/watch?v=ACR1R-3ZF0g
    Or reporters interviewing people asking what ROLE they were playing on 9/11. Youtube 9/11 role play video. http://www.youtube.com/watch?v=0CGaNk3HgBM
    Or CNN’s faked video of gas attacks during the war as filmed on top of the Atlanta CNN building. http://www.youtube.com/watch?v=jTWY14eyMFg

    Barack Obama allowing the “Monsanto Protection Act” is a direct conflict of interest against the people of America that gives Monsanto free range to test and use GMO products as well as deadly toxins such as Agent Orange whenever and wherever they wish.

    You need to identify a common enemy

    You be the judge.

  2. DDearborn says:


    Hello the FED has been raiding savings accounts for 100 years. Artificially created inflation and then the cover up of that inflation is continuing to drain savings acounts via currency devaluation . Obama doesn’t have to do anything.

  3. Kris Zane, you better get your terms straight what the definition of true democratic socialism is instead of being a poll parot of the propaganda and rehortoic of the circus spoon fed main stream news media which is controlled by the CABAL of elite politicians, industrialist, and bankers of the NWO.

    As the world is aproaching two cross roads, you have to choose which system you wan’t to live under. Is it debt surf slaves under feudalism, or do you wan’t a more equitable distribution of wealth where the scales of economic justice are more evenly balanced?

    True democratic socialism where is where government is concerned about society as a whole instead of an oligarchy ruled by plutocrats.

    I don’t know what form of capitalism you wan’t to live under, but for my part, I do not wan’t to live under monopoly and predatory capitalism with no middle class.

    What the U.S. and the world needs is a Jubilee Year which is a redistribution of wealth.
    1st the money changers have to be run out of the temple
    2nd the Federal Reserve and the Central Banks have to be abolished, Nationalizing the Central Banks and restoring monetary authority to the National Treasuries to create and extinguish honest debt free money based on a 3 legged stool of precious metals, barter exchange contracts and labor treasury certificates for goods produced, services rendered and work performed.

    International trade and balance of payments could be conducted with barter exchange contracts. Thus, no trade deficit, no debt.

    3rd Declare a temporary bank holiday, introducing a revaluation bill limiting paper currency debts to 1% of their gold dollar value of $2,000 an ounce, reevaluating the currency and issuing new currency at a 100-1 exchange rate pro-rating all prices, incomes, debts, and charging a graduated exchange rate fee of 10% on one hundred thousand or more, 20% on a million, 30% on ten million, 40% on 100 million and 50% on one billion.

    Members of congress would be squealing like a pig, becuase most of them are milionaires.

    There are many more political, economic and financial reforms that need to be introduced such as:
    1- Repealing NAFTA, GATT, CAFT2
    2-Reintroducing reciprocal fair trade agreements on both sides.
    3-Reintroducing tariffs on imports.
    4-Higher taxes on corporation that produce their goods off-shore and reintrocuce back into the U.S. and lower taxes on corporations that produce their goods in the US.
    5-Campaign finance reform.
    6-Term limits on politicians

    This is just a few of the reforms that I have room to post. I could thing of a 100 pages or more of reforms that need to passed.

    The whole system has to be changed. Any system that is based on fraud eventually collapses.

    James M Nunes Monetary Reformer/Social Creditor

  4. Linda says:

    Government, like ours can manipulate money and anything else they want, anyway they want, and callit whatever they want. It’s plain and simple. The government after, will be putting its hand in my pocket once sequestration goes into effect. I stand to lose 4 days work a month due to furloughs, and that amounts to 1250 dollars. You may be next. But who knows what they will call it.

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