The Great 401k Train Robbery

The United States government is bankrupt.  Neither the Chinese nor the Russians are buying the smoke and mirror US Treasury bill game any more. The European Union is in no shape to buy large quantities of  US Treasury bills at the present, so that leaves the United States in a very bad position.  The fall back position has always been to either raise taxes, invade another oil producing country, or start WWIII early.  The Slave Masters at the Federal Reserve were paying attention when the owners of Hostess Bakery robbed their own employee's pension fund and got away with it. 

The Death of another American Dream

The Great Hostess Bakery ROBBERY

The Hostess Union contributed to their pension fund which was then 'Borrowed' by the company.  That was supposed to be until the company Hostess Bakery could become profitable again. Then, the managers, CEO, of Hostess would pay the Union members self-paid PENSION fund all back.  Then, unbelievably the Union was notified The PENSION money would NEVER be paid back.  After robbing the UNION PENSION Fund Hostess Bakery filed for bankruptcy.  The judge conveniently ruled that the UNION PENSION fund was a debt the company couldn't and WOULDN'T  repay. I consider this money stolen. No other word in the English language describes what they have done to this money.

 

With that in mind.  The United States government at the behest of their Slave Masters at the Federal Reserve want to get their regulatory hands on the $19.4 trillion in American’s retirement accounts. 

This is how they plan to rob the American people blind. 

The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first unwarranted and unwanted foray into PRIVATE consumer investments.
 
That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” bureau director Richard Cordray said in an interview. And, if they don't have the authority, the Executive Branch will by royal decree declare another Executive Order and 'PRESTO' there will be a new Federal Agency with sweeping powers granted it by his majesty the King.

Now, just like the Executive Branches trotting out little children onto the national stage with the tag line..."We are going to CONFISCATE ALL GUNS because it's for the American Politicians best interests.  The Executive Branch is only doing this because the American people are too dumb and stupid to know that they no longer live in a free country."

Now, it seems that Americans are also far to dumb and stupid to be able to manage their own financial future.  The Securities and Exchange Commission has become VERY WORRIED that Baby Boomers may possible fall prey to financial scams.  With that in mind the The Securities and Exchange Commission and the Department of Labor is going to find a way to seize control of 19.4 Trillion dollars in American retirement funds.  This of course is because 'THEY' care and want only the best for the baby boomers and all their untapped finical resources.

Then, once the Unites States government has total control of all 19.4 Trillion dollars it will decide where and when this money can be used, and by whom.    Mind you, this is according to three people briefed on the CFPB’s deliberations who asked not to be named because the matter is still under discussion.
 
The Securities and Exchange Commission and the Department of Labor are the main regulators of U.S. retirement savings vehicles and funds. The consumer bureau established by the 2010 Dodd-Frank Act — sees itself as a potential catalyst for promoting a coherent policy across the government and private finical sectors. 

China Thanks Walmart Family

The awesome and overwhelming Military Might of the People's Republic of China (PRC), has achieved levels Chairman Mao never thought possible.  This all because the Walmart family has sold out America by purchasing cheaply made inferior Chinese goods manufactured at slave wages.  With the influx of American money vis-a-vie the WALMART family China has gone on a military spending spree. 

The US DOD has concluded that China's defense spending may be Four times larger than its publicly announced total of $20 billion annually. To those who can't count dat's 80 BILLION wit a B BILLION!!!! Thats an 8 wit a B with a whole M.F. LOAD of ZEROS Yo !!!

The PRC's ADVERTISED (Did you get da ply on words yo!)defense spending is closer to $65 million per year, DOD maintains-and suggests that China's annual defense expenditures could triple or even quadruple in real terms by 2020. Gee I wonder why????

That conclusion is included in a 12 July DOD report to Congress that was mandated by the fiscal year 2000 National Defense Authorization Act.

DOD cautions in the report that gaps exist in its knowledge about Chinese military power and intentions. Although China's emerging methods of warfare will likely be increasingly important in the future-particularly in the areas of short- and long-range ballistic missiles and information warfare-the report says, it is difficult to make confident assessments on how these developments will affect the overall military competition between the PRC and Taiwan.

Despite such uncertainty, improvements in China's military capabilities have been identified in a significant number of areas, including the development of a doctrine of preemption and surprise, the funding increases in the PRC's military budget, training and joint operations, missile programs, air defense, command and control, intelligence and surveillance, information and electronic warfare, laser weapons, and space warfare.

China is said to have enhanced its naval forces by increasing their force-- projection options-through, among other things, improving their ability to deploy submarines on extended patrols and outfitting surface ships with more capable air-defense assets and more lethal antiship cruise missiles. The PRC's World War II-vintage amphibious ships are being replaced with newer ships built in China, the report said, and a contract has been signed with Russia to add two Sovremenny-class destroyers to augment the one the PRC purchased in 2000.

China's submarine fleet also is being upgraded through the purchase of modern diesel-electric submarines from Russia. The truth is more like ----> A whole lot of N-class Nuclear-powered ATTACK submarines-Type 093 are secretly being bought and deployed!


The US DOD assessment reports TERRORFYING improvements in China's air power and land forces.

The difficulty in assessing China's improving military capabilities is matched by the challenge of divining the PRC's intentions in the political-military field. That is a buch of BULL-FROG.

The US DOD knows full well China's PRC intentions and are changing adult diapers quite often at the thought of havinf to get our collective US asses kicked by the PRC!!!



DOD concludes that Beijing is pursuing its long-term political goals of developing "comprehensive" national power and ensuring a favorable "strategic configuration of power."

Which is a polite way of saying that they, the PRC, are in the gym, working out like little squint eyed mad men. Now, when the new school year starts, we, the USA, who has gone soft, gotten lazy, and forgotten that FREEDOM AIN'T FREE, will be getting our just come-uppence! I expect that the USA will most likely be seeing the new and very much improved PRC sometime around 3:00pm. Traditionally that is when school lets out. A time, as we all know, will be a no-holds barred ASS-WHOOPING of the USA by the new bad-ass, well muscled, totaly focused, PRC!


China's efforts to meet its security goals involve an integrative strategy, the report states, that combines and applies diplomatic, informational, military, and economic instruments of national power.
"While seeing opportunity and benefit in interactions with the United States-primarily in terms of trade and technology-Beijing apparently believes that the United States poses a significant long-term challenge," the report concludes.

In May, before DOD's release of its updated report, Deputy Secretary of Defense Paul Wolfowitz said that the Bush administration has an "enormous interest" in maintaining a good relationship with China. Citing the cooperation provided by China in the war against international terrorism, Wolfowitz said efforts are in motion to put the two countries' military-to-military relationship on a more solid framework.

"We are very interested in bringing China into the mainstream of the Pacific Region," Wolfowitz said during an interview in Singapore on 31 May. "We believe that China has a major, important, and constructive role to play."

Defense and foreign-policy analysts are far from unanimous in their views of Chinese intentions.
Writing in the August issue of Insight Magazine, for example, Larry M. Wortzel, director of the Asian Studies Center at the Heritage Foundation in Washington, D.C., said that China's policy on weapons proliferation threatens U.S. national security and vital foreignpolicy interests. China's threats against Taiwan, Wortzel asserted, could embroil the United States in a military conflict. "It is the tendency of China to use force to settle disputes," Wortzel said. "This is most troubling for the United States and its allies."

Commenting in the same issue of the magazine, Lawrence J. Korb, vice president and director of studies at the Council on Foreign Relations, said that, while the United States should not be complacent, Beijing's ambition to increase its military power to complement its growing economy and strategic position in Asia is not necessarily detrimental to the interest of the United States. "China remains and will remain too weak to challenge U.S. power even in its own neighborhood," Korb said.

The US DOD says(with a straight face)"China is not, and is extremely unlikely to be, a strategic military threat the way the Soviet Union once was."

Please give me a second while I pause from laughing so much...

If you believe that, I have a bridge in Brooklyn, which would be a great investment for you!!!