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Dear Fellow Sitting Duck:
As Obama's spending orgy sinks America
deeper into financial turmoil, he is about
to turn Uncle Sam's acute funding crisis
into YOUR problem.
In fact, Obama's Treasury and Labor
Departments just held outrageous, executive
branch hearings on nationalization of
retirement accounts, and they are actively
looking for the opportunity to ram this
asset grab through.
Your nest egg is in their cross-hairs; you
know, to "protect you" from losing your own
money.
Congressional heavyweights such as Rep.
George Miller (D-CA) have already
held hearings on "merging" 401(k)s, IRAs,
and other tax-advantaged private savings
programs into the failed Social Security
program.
In my 23+ years of exposing government
attacks on assets for discerning Americans,
trust me when I tell you that we ALL need to
tell Congress in no uncertain terms:
DON'T LET OBAMA GET HIS GRUBBY HANDS
INTO MY RETIREMENT ACCOUNTS!!!!!
Here's what is going on.
The cash-strapped Obama Administration's
unofficial 401(k) nationalization czar is
utopian New School for Social Research
academic Teresa Ghilarducci -- who was
dubbed by U.S. News and World Report
as "the most dangerous woman in America"
after she appeared before Congress to
testify in favor of government seizing
401(k)s and other retirement assets.
The "Most Dangerous Woman in America"
Who Helped Obama Rip Off GM Bond Holders
Now Wants YOUR Retirement Money!
Following her Congressional testimony at a
2008 hearing to begin ending 401(k) and IRA
tax advantages, Ghilarducci admitted on
conservative talk show host Wilbur Kirby's
KVI 570 show in Seattle the truth about the
left's scheme for gaining control of private
retirement accounts:
"I'm just rearranging the tax breaks that
are available now for the 401(k)s and
spreading [here she paused briefly to
consider her words] spreading the
wealth..."
It is vital you sign our grassroots petition
right away! Obama administration
officials and their leftist allies in
Congress have zeroed in on over $15 trillion
in 401(k)s, IRAs, 403(b)s, and other
accounts – and only a grassroots bonfire of
opposition will ultimately stop them.
Why? Major state pension funds, state
governments, and the entire federal
entitlement program structure are on the
verge of collapse and in need of bailouts
due to collapsing tax revenues.
This Massive Theft is Underway --
Help Me STOP Them!
In addition to the Congressional hearings
referenced above -- and an "automatic IRA"
bill introduced in August by Senator John
Kerry (D-MA) -- Obama bureaucrats are
working furiously on new regulations (CFR,
Part 1, RIN 1545-BJ04) to "herd"
unsuspecting 401(k)/IRA holders' money into
government-approved "investments," such as
federal government debt. The "mainstream
media" have totally blown off this story.
My name is Lee Bellinger, publisher of the
nation's fastest-growing financial and
self-reliance intelligence newsletter for
savvy, freedom-loving investors,
Independent Living.
My monthly intelligence advisory has become
the largest newsletter of its type in
America. Independent Living warned
our readers well in advance about the
housing bubble, the probable collapse of the
banking system, and many other
wealth-destroying threats.
You Need to Get Involved Now --
Don't Be a Sitting Duck
Today, I am sounding the alarm because
millions of Americans stand to lose
TRILLIONS OF THEIR OWN DOLLARS.
I DESPERATELY NEED YOUR HELP TO STOP THEM.
Your assets and your financial future are
directly on the line!
Over the coming months, my national petition
drive will touch millions of U.S.
households.
Our message: You Will Pay a Political
Price if You Even THINK of Stealing Our
401(k)s, IRAs, and Retirements Accounts and
Dumping Them Into Government Bonds.
Trust me when I tell you this is a winnable
fight. Congress needs to be told in no
uncertain terms that we will NOT let them
turn our private savings into an ATM machine
for spend-thrift politicians.
Don't wait for this freight train to hit
you. Make your voice heard now.
Sign and submit your petition now,
before a new financial crisis gives the
Obama administration the cover it needs to
ram this outrageous retirement
nationalization scheme through!
Lee Bellinger, Publisher
Independent Living
P.S. Obama administration officials are
desperately looking for new suckers to pay
for their trillion dollar deficits. That's
why they want to nationalize our retirement
accounts. We must stop them!
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