DOWN WITH SATANIC BILL 666!!!!

 
THE APPROPRIATELY NUMBERED BILL 666 IN THE CALIFORNIA (WHERE ELSE?) STATE ASSEMBLY WOULD MAKE IT EASIER FOR THE COUNTY AND STATE GOVERNMENTS TO TAKE YOUR MONEY FOR SUPPOSEDLY VIOLATING RED-LIGHT CAMERAS.

THE BILL IS CO-WRITTEN BY THE AUSTRALIAN COMPANY THAT FURNISHES CALIFORNIA WITH RED-LIGHT CAMERAS!

DOWN WITH RED-LIGHT CAMERAS!  DOWN WITH THIS SATANIC BILL!  DOWN WITH AUSTRALIA!

  

CYPRIOT BANDITRY

THERE IS SOMETHING VISCERALLY DISGUSTING ABOUT WHAT THE DESPERATE GOVERNMENT OF CYPRUS PLANS TO DO -- CONFISCATE 10% OF BANK DEPOSITORS' MONEY. 

SO IF YOU HAVE A $10,000 BALANCE IN YOUR ACCOUNT, WITH THE PUSH OF A BUTTON, THE CYPRIOT GOVERNMENT REDUCES IT TO $9,000. THE GOVERNMENT CLAIMS THIS IS A TAX. BUT IT ISN'T. IT'S OUTRIGHT BANDITRY. NO BETTER THAN BEING HELD UP BY A THUG IN A DARK ALLEY.

NO MATTER HOW DESPERATE FOR MONEY A GOVERNMENT IS.  BANDITRY AGAINST ITS PEOPLE IS ILLEGITIMATE AND EVIL.  AND A RECIPE FOR REGIME COLLAPSE...

OUTRAGE: FED CONSIDERS CONFISCATION OF 401(k) ACCOUNTS!

China and the Asian Tigers are dropping U.S. treasuries like hot coals on burning hands. The Federales are racheting ANNUAL operating deficit of $1.4 to $1.6 trillion (that's 12 zeros!). And with the economy mired in a massive recession, even the looniest of the loony would find it difficult to raise broad-based taxes. (Oh, they will raise sector-specific taxes for sure. That's a given!)

So where are the Federales going to find a stash of ready cash to balance its books? You got it: Trillions of retirement dollars held in 401(k), 457, 403(b) and IRA accounts. There have been dangerous talks in DC of CONFISCATING these accounts in exchange for Treasury-backed annuities. Sounds incredulous?

Currently, these are just brainstorming conversations in DC, but lest we forget that all dangerous ideas started out as "brainstormers."

The fact that this is under discussion at all is discerning enough for us here at the Fairbank Report.

See Bob Brinker's comment on the CONFISCATION PROPOSAL in the link below:

http://honeysbobbrinkerbeehivebuzz2.blogspot.com/2010/02/february-20-2010-bob-brinkers-moneytalk.html