Being intensely interested in human behavior, especially abnormal and aberrant behaviors, I have been watching the actions of our government and a certain office holder, namely the nut job (a.k.a. Barack Hussein Obama) as he takes aim on our freedom from government intrusion and the consequent loss of liberty. The other quite noticeable behavior is that people do not know what they are seeing as he destroys our way of life.

Several months ago, I predicted that the nut job would make a move to take over private retirement accounts. Those whom I told said I was, in a word nuts, and laughed. On January 1-25-2010, an article by Roger Hedgecock appeared in World Net Daily: a portion is quoted as follows: “According to the Labor and Treasury Departments, draft federal regulations will be published for public comment as soon as next week which would "promote" the conversion of 401(k) and IRA accounts to annuities. Make no mistake here: Obama is after your retirement money. The "annuities" will "invest" not in the familiar packages of bond and stock mutual funds but in the Treasury debt!” Now, more than a year later, they are continuing the idea of grabbing your accounts.

Our government (Congress) as it is presently constituted refuses to stop the theft that is in the process of being perpetrated against us. The retirement accounts have more than $4.7 trillion in them and the nut job wants your money to further his big government, socialist/communist agenda. First, the banks, then the car companies fell into his grasp. He is close to destroying the insurance companies and now he is going to grab the largest pool of private available in the U.S.

If he succeeds, then everyone will be subject to and at the mercy of a tyrannical government. It doesn’t take much of an imagination to see that those who worked hard, invested, saved and set up the accounts for their later years will have their dream of a comfortable retired life shattered. No matter the intent or the name that the nut job and his minions apply to the scheme, it is theft propelled by tyranny.

The national debt, as of February 28, 2011, is $14,191,962,000,000 (that’s trillion), and don’t doubt that the retirement accounts won’t be used to pay down the debt. The money will be used to further more socialist/communist schemes. He intends to control every facet of what life we have left that isn’t controlled by the government at all levels.

There is hope if the people will rise up to challenge the intended theft. But the problems are the thought that it can’t happen here and that there are millions that think they will get a piece of the pie.  

What other schemes will the nut job put forth? Who knows? But if he continues his schemes, in the words of Ronald Reagan, “You ain’t seen nothin’ yet” will be a horrible reality. However, what we experienced with President Reagan was prosperity that the liberals hated. With the nut job it will be years of misery and despair.   

© 02-28-2010 DEC     

                                    http://www.wnd.com/index.php?fa=PAGE.view&pageId=123024 IRA 01-25-2010